Jasjeet (in practice) (196 Points)
17 November 2010Hi friends my query is my client company wants to increase its capital of the company n if it goes for prefrential allotment it has limited scope due to % limit n if it goes for right issue than the problem arises bcoz of sum defaults in group company can u suggest some alternative to this problem.
Regards
Jasjeet
Ramalingam K
(Founder & Director - Holistic Investment Planners (P) Limited)
(21077 Points)
Replied 13 May 2014
A study revealed that only 47% of Indian households had bank account. In addition every 3 out of 4 households had a quarterly bank balance of only Rs.5000. With the recent savings bank account de-regulation many banks have raised their interest rate by 1%. But households would not benefit much, as banks could charge increased transaction fees to offset increased cost, and also the additional interest income from savings account is negligible
https://www.holisticinvestment.in/financial-planning-with-equity
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
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