Posts Tagged: banking

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DCB Bank - Stock Analysis

DCB bank has a 90-year-old history formed by the merger of two co-operative banks, to form the Development Co-operative Bank. The bank went on to obtain a scheduled bank license from the RBI in the year 1995 changing its name to Development Credit Bank. The bank raised its IPO in the year 2006. Later, in the year 2014, the bank’s changed its name to DCB Bank Ltd.

Invest

How do banks make money off you?

Often, we see banks keeping our money safe and paying savings interest rate or a fixed deposit interest rate to all its customers. So, if the banks keep giving interest to everyone on the money deposited with them, then, how do you think these banks make money?

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Letter of Undertaking: How does it Work?

Letter of Undertaking (hereinafter referred to as LoU) can said to be a sort of guarantee that is issued by a banking entity to the concerned person for attaining short term credit from the overseas branch of an Indian bank. Such LoUs are not issued against retail transactions, but are employed in business or trade transactions.

DCB Bank - Stock Analysis

How do banks make money off you?

Letter of Undertaking: How does it Work?

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