Forex is an abbreviation for Foreign Exchange. It is the transaction of exchanging one currency for another. It can be performed for a variety of reasons, including commercial, tourism, and to enable...
In a bid to tackle chronic hyperinflation, Zimbabwe has launched new gold coins which will have "liquid asset status". This means they can be converted to cash, traded locally and internationally, and...
A floater fund is a fund which invests in financial instruments with a debt orientation, they provide you with a variable or ‘floating interest rate’ and thus, the name. Investors prefer debt...
The rupee falling in India can seriously impact the economy and the common person. It is a calling for several financial disturbances for the country as well as the common person.
The following...
Money depreciation indicates the economic degrowth of the country. In simple words, the value of the India Rupee has fallen by a certain percentage compared to the US dollar. It is a...
Government of India launched Jansamarth Portal, the first digital portal in India which links all types of lending schemes sponsored by Government Of India in one portal. Here, anyone can apply for...
Public Sector Banks (PSB) are those banks where more than 50% of shares are held by the Ministry of finance Of the Government of India. Public Sector Banks play an important role...
The Reserve Bank of India (RBI) has ordered all the banks to provide an Interoperable Cardless Cash Withdrawal (ICCW) system in their ATMs.
In accordance with the RBI's notification dated May 19, 2022,...
Ease 4.0 (Enhanced Access and Service Excellence) is launched on 25th August 2021 by Finance Minister Nirmala Sitharaman. It is a reform agenda for Public Sector Banks to institutionalise clean and smart...
Sukanya Samriddhi Account: Sukanya Samriddhi Yojana (SSY) is a scheme started for daughters. By investing in this government scheme, parents can ensure their daughter's golden future along with saving. Sukanya Samriddhi Account...
