Community & General Articles
What is an IPO?
In a layman's language an initial public offer or an IPO is the first time when a company issues shares to Public. Before an IPO a company generally has few shareholders but when it decides to get listed on a stock exchange and to go public it takes the route of IPO.
FAQs on GoI guarantee to back Security Receipts issued by NARCL for acquiring of stressed loan assets
Frequently Asked Questions regarding Central Government guarantee to back Security Receipts issued by National Asset Reconstruction Company Limited for acquiring of stressed loan assets
The Bad Bank Takes Over - All You Need to Know
On 16th September, the Finance Minister Nirmala Sitharaman announced the plans for a bad bank - National Asset Reconstruction Co Ltd. But let’s not start this story from the end and have a look at what it means.
PLI Scheme for Drones and Drone Components
The PLI scheme and new drone rules are intended to catalyse super-normal growth in the upcoming drone sector. The aviation ministry expects drone manufacturing to attract investment of over Rs 5,000 crore in the next three years, generating over 10,000 direct jobs over the next three years.
19 Key features of Drone Rules 2021
The Central Govt. on 15.09.2021, approved the Production-Linked Incentive (PLI) scheme for drones and drone components. It is a step towards realising our collective vision of an Aatmanirbhar Bharat.
KYC, Re-KYC, Misconceptions around KYC and Dormant Account
KYC is a mandatory process by which bank/s, FI/s obtain information about the identity and address of the customers to establish the legitimacy of a customer.
Neo Banks - A New Era in Banking
13 September 2021
9680 Views
A new era in banking is where banking activities are done through a digitized mechanism. Neobanks are fintech firms, that is to say, digital banks without any physical branches.
My learnings from Rich Dad Poor Dad
This blog is not meant to capture the facts discussed in the book - so if I tweak them slightly because I learnt something else from it, please don’t hold me for it. Also, your learnings may differ from mine
FEMA (Foreign Exchange Management Act, 1999) And RBI Compliances
FEMA aims at facilitating external trade, payments and for promoting the orderly development and maintenance of foreign exchange markets in India.
Are you ready for a Credit Card?
A credit card is a payment card issued by a bank or financial services company that allows cardholders to borrow funds from a pre-approved limit to pay for their purchases.
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