Recent Updates from the Indian Banking Sector

Reading Time: 3 minutes Remember the good old times when people used to communicate only through letters? You might have seen it in the movies as well, that whenever a postman came to deliver the letter, a woman always started crying because she expected some bad news. This was not the woman’s fault. Actually, the letters were most of …

Read moreRecent Updates from the Indian Banking Sector

What is NEFT: National Electronic Funds Transfer

Reading Time: 6 minutes Do you recall the days when for every transaction, going to banks was the only option? Taking time out of the occupied calendar for visiting banks was in itself a very big task. Many times people would face difficulties in making financial transactions as some or the other important things or events in their lives …

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Types of Mutual Funds: Open-Ended vs. Closed-Ended Funds

Reading Time: 5 minutes A person is preparing for an entrance exam. He wishes to purchase a book for his exam preparation but has no prior knowledge of the subjects and the syllabus. In this case, what would happen if he chooses the wrong book to prepare for an important exam?  He could get a very bad score or …

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What is depository and the Roles of CDSL and NSDL

Reading Time: 4 minutes We all, as individuals, deposit cash in banks, and enjoy the benefits of interest. These benefits are looked after by banks. In the same way, trading is something that has evolved; from physically buying certificates to now exchanging in a click, digitally. The majority of the world today indulges in trading and enjoys its benefits. …

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Understanding the Basic Terminologies of Mutual Funds

Reading Time: 4 minutes If a native Hindi speaker who has been exposed to only one language in his life is suddenly expected to understand English, the scenario wouldn’t be realistic.  Quite similarly, in the field of finance or in the subcategory of mutual funds, if a beginner starts to invest his money in the mutual fund market, it …

Read moreUnderstanding the Basic Terminologies of Mutual Funds

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