Top 5 Banking Stocks in India
Invest

Top 5 Banking Stocks in India

If one were to regard an economy as a living, breathing creature, money would really be able to live up to its comparison as the “lifeblood” of said economy. But if money, or rather, finance, is the blood of an economy, the banking system is the circulatory system. No really, the banking system is actually a structure consisting of organisations and institutions that help keep the money in the economy flowing from those who have it(savers) to those who may need it(individual and organisational borrowers) and those who may use it(investors). “There have been three great inventions since the beginning of time: fire, the wheel and banking institutions” -Will Rogers.

Continue Reading about 6 days ago
Factors to consider before taking an education loan
Finance

Factors to consider before taking an education loan

Padhega India tabhi toh badhega India. But quality education has become a luxury to a middle-class person in India. The college admission seasons will be starting shortly in India, and students often find themselves in the dilemma of whether adding to debts is really worth it or whether they are stretching their legs beyond the coverlet.

Continue Reading about 23 days ago
Money Laundering: Most Infamous Scams in India
Economy

Money Laundering: Most Infamous Scams in India

We've all heard the phrase, "Money is the root of all evil", well as far as history suggests, the original phrase goes in the Bible, "For the love of money is a root of all kinds of evils." Money inherently isn't evil; it is the human aspect of an unhealthy love towards money that gives rise to problems. Well, unfortunately, this unhealthy obsession has survived the trial of time, and some people have taken it too far by finding loopholes in the monetary and legal system to feed their greed.

Continue Reading about 25 days ago
Everything you should know about the Yield Curve
Invest

Everything you should know about the Yield Curve

With changing times and varied preferences, financial markets have been witnessing an influx of various securities. Potential investors are free to pick and choose the most feasible one among the lot.

Continue Reading about 4 months ago
How good are Bad Banks and does India really need a Bad Bank?
Finance

How good are Bad Banks and does India really need a Bad Bank?

When a certain organ in the body doesn’t work, doctors tend to remove it for the patient to survive. When we eat something, which is difficult to digest, our body throws up. A rotten apple in a basket must be removed to save other apples from getting spoiled. This is what one bad bank does for the other banks of the economy.

Continue Reading about 4 months ago
Are Non banking financial companies (NBFCs) the new banks ?
Finance

Are Non banking financial companies (NBFCs) the new banks ?

“Necessity is the mother of invention.” This quote by Plato succinctly explains the emergence of  NBFCs in the ocean of banks.

Continue Reading about 4 months ago
What is a Recurring Deposit and How to Calculate its Returns?
Finance

What is a Recurring Deposit and How to Calculate its Returns?

In the era of stocks and cryptos, depositing in banks might be termed as ‘old school’. But old is gold for most of us, isn't it?  And for the majority, it is the major medium for savings, especially in India. If you don’t believe us, let the numbers speak.

Continue Reading about 4 months ago
What is Overdraft Facility in Banks?
Finance

What is Overdraft Facility in Banks?

What if the ATM kept raining cash? What if you could withdraw more than you have in the bank? As cool as it sounds, it’s not impossible. And they name it - ‘Overdraft’.

Continue Reading about 5 months ago
Indian Gold Loan Industry: Who’ll take this Underpenetrated Market?
Business

Indian Gold Loan Industry: Who’ll take this Underpenetrated Market?

India, the world’s second-largest consumer of Gold worth $1.5 Trn, has a meager 3% of it pledged for loans. Is it a multi-billion-dollar market for the taking?

Continue Reading about 5 months ago
Uday Kotak : The Wealthiest Banker of Asia
Success Stories

Uday Kotak : The Wealthiest Banker of Asia

“The trouble with opportunity is, it never announces when it comes. It's only after it's gone, you'd realize that you missed it.” - Uday Kotak

Continue Reading about 6 months ago
The Actual Cost of No-cost EMIs
Finance

The Actual Cost of No-cost EMIs

“There are no free lunches in the market” The quote says it all! Doesn't it feel odd when we see the phrase "NO COST EMI"? Is something like this really possible? Why would someone distribute free money in the market like this? Eh? take a deep breath because soon you are going to find out the hidden truth. Let us dig deeper into this topic.

Continue Reading about 7 months ago
Government shortlists 4 banks for privatization!
Ticker Talks

Government shortlists 4 banks for privatization!

But, is privatization really the solution?

Continue Reading about 9 months ago
RBI असीमित नोट क्यों नहीं प्रिंट करती?
Hindi

RBI असीमित नोट क्यों नहीं प्रिंट करती?

हम सभी के मन में बचपन से ही यह दुविधा रहती है कि RBI बहुत सारे नोट क्यों नहीं छापती जिससे सभी लोग अमीर हो जाए तथा सब के पास पैसा ही पैसा हो जाए। लेकिन हकीक़त में ऐसा नहीं होता।

Continue Reading about 9 months ago
Harshad Mehta Scam का पर्दाफाश
Hindi

Harshad Mehta Scam का पर्दाफाश

जब भी हम हर्षद मेहता, केतन पारेख, नीरव मोदी या फिर विजय माल्या के बारे में सुनते है तो हम इस निष्कर्ष पर पहुंचते है कि इन सभी लोगों में एक बात कॉमन थी और वो यह है कि इन्होने हमारे इंडियन बैंकिंग सिस्टम की किसी न किसी प्रकार की कमी या खामी को खोज निकाला और उसी का फायदा उठाते हुए अच्छा ख़ासा पैसा कमाया।

Continue Reading about 10 months ago
What is Repo Rate and Reverse Repo Rate?
Finance

What is Repo Rate and Reverse Repo Rate?

Are you a banking enthusiast? Do you aspire to build your career in the banking industry? Well, there are many who wish to do the same, but there are only a few who succeed in achieving these goals. A proper dedication, passion, and most importantly, knowledge and understanding of the banking world will certainly help you in becoming a successful banker. 

Continue Reading about 11 months ago
All About Rs 7,926 crore Transstroy Fraud
Market News

All About Rs 7,926 crore Transstroy Fraud

We’ll talk about Transstroy but first, let’s talk about a typical Indian scenario with respect to the spoilt brats. Whenever an exceedingly over speeding car is stopped by the traffic police in Delhi there’s one phrase that you would hear most of the times – “Tu Jaanta Hai, Mera Baap Kaun Hai?” (do you even know who my dad is?) Now, let’s get into the depth of this. This phrase represents the confidence that the defaulter carries in the sense that he is pretty sure of escaping after committing the mistake. The defaulter is confident because he knows that his dad is an influential person and therefore, the police would not be able to take any action against him.

Continue Reading about 11 months ago
The Relationship Between Interest Rates and Bond Prices
Bonds

The Relationship Between Interest Rates and Bond Prices

The Indian debt market is composed of long-term debt markets and short-term debt markets. When there is a trade-in debt securities with a maturity of less than one year, it is deemed as a money market transaction. Likewise, when there is a trade-in debt securities with a maturity beyond one year, it is considered a bond transaction. The RBI monetary policy has an impact on both the long-term debt markets and short-term debt markets. Let us take a closer look at how the RBI monetary policy affects the bond market. 

Continue Reading about 11 months ago
Fixed Deposits: All you need to know
Finance

Fixed Deposits: All you need to know

Once upon a time, there was an old lady who believed in the importance of saving money. She knew how useful savings are and how a certain preserved amount for the future purpose could come to her aid, whenever she would need it the most. The old lady was good at saving money despite a lack of formal financial education. Whenever she saved ample money, she'd go to the bank and ask them to put in whatever scheme yields regular interest. The bank would ask her how long she wanted to put the money, and she would say whatever period pays the highest interest. She didn't understand what she was asking for, but she knew what she wanted. 

Continue Reading about 11 months ago