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1. Why is this scheme introduced? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used for antinational and illegal activities. High denomination notes have been misused by terrorists [...]

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How to exchange 500 and 1000 notes in bank?

Its been a big event! Crackdown on black money began when Narendra Modi announced demonetization of existing Rs 500 and Rs 1000 notes. Check wiki for more. You can convert these notes by deposition amount in your bank account and there is no limit to it, though deposits over 2 lakh will attract tax and [...]

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What is Dynamic Asset Allocation Fund? Dynamic Asset Allocation Fund is scheme which aims to maximize investors wealth by providing an opportunity to invest in a portfolio of a mix of equity and fixed-income instruments. The proportion between debt and equity will be managed by the fund house in an efficient manner, they tend to [...]

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Top Online Traders Of 2016

You should put into consideration your level of skill when making online trading choices. If you are a newbie in trading, you will need different and more necessary tools to carry out your trading activities, unlike those who had been in the trading world for some time. The trading platform for a beginner is basic [...]

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Non Banking Financial Institution v/s Bank

Banks are one of the major financial institutions which can help their country and the public by applying their methods. Banks facilitates their customers, such as accepting deposits, providing loans, paying cheques and performing for their customers. Majority of bank officers are from varied backgrounds and streams. Bank jobs are actually one of the most [...]

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The best places to do business globally

Ease of doing business list is out by UN and the country which tops the list is New Zealand, it has overtake Singapore which was on the top of this list for quite sometime now. Top 10 countries in - Ease of doing business list: Country Rank in 2017 Rank in 2007 New Zealand 1 [...]

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What is Hashtag banking?

Hashtag does it all in this digital world. The social media era has made a wide influence on the banking sector as well. Banks are realizing that youngsters who are socially active on Twitter and Facebook would anytime prefer a bank account that can be combined with the social media. It is hence called as ‘’Social media [...]

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Stock market returns when a country goes at War

We all saw the sell-off yesterday when India announced that it carried out surgical strikes in Pakistan occupied Kashmir. Result - markets tumbled down, mainly due to panic. Expect the markets to remain volatile for a while now till the situation totally calms down. I guess this must have reflected on your investments yesterday. Here are historical [...]

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Use IPO Grading before you invest in IPO’s

Investing in IPO's has been in trend since decades as people think it's profitable as the stocks are available for cheap! But in reality this is not the case. One can and should grade an IPO before investing in it... What is IPO Grading? IPO Grading is an independent, reliable and unbiased opinion of a [...]

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Power of investing in Multibagger stocks

Investing in Equity has become common lately during 1990's i.e. during the period of Globalization before that parking the money safe in Fixed Deposit was the trend in which the money used to double in approx 6.2 years! People have now realized how important investing because of various reasons such as to high rate of return [...]

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