The government has announced the launch of Floating Rate Savings Bonds, 2020 (Taxable) with an interest rate of 7.15 per cent. The bonds will be available for subscription July 1, 2020 onwards. As per the Reserve Bank of India (RBI) press release, ...
Business model of Banks are different from other business. We are more accustomed with “manufacturing” business models. Which is as below: Spend money to buy resources (Cost). Use resources to produce goods & services. Sell goods & services to earn ...
What does unlisted company mean? An unlisted security is a financial instrument that is not traded on any of stock exchange, but through over-the-counter (OTC) market. Unlisted securities are also called OTC securities. Market makers facilitate the ...
BANKING BUSINESS We’ll try to explain how bankers think about making money from their line of business. If we can understand how banker’s think, we can value their stocks more effectively. But allow me to issue this disclaimer that what I’m ...