NACH- NPCI has implemented National Automated Clearing House

National Payments Corporation of India (NPCI) has implemented “National Automated Clearing House (NACH)” for Banks, Financial Institutions, Corporates and Government a web based solution to facilitate interbank, high volume, electronic transactions which are repetitive and periodic in nature. NACH System can be used for making bulk transactions More...

by gktoday | Published 3 months ago
By gktoday On Wednesday, December 13th, 2017
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What is Hedging ?

A technique of neutralising risk by taking a position in the derivatives market that is opposite to one’s position in the cash market, thereby reducing or limiting the effect of risk associated with unpredictable More...

By gktoday On Monday, October 23rd, 2017
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What is a Demat account ?

In India, shares and securities are held electronically in a dematerialized (or Demat)  account, instead of the investor taking physical possession of certificates. A Demat account is opened by the investor while More...

By gktoday On Saturday, July 8th, 2017
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Money Markets and its Common features

The money market is where financial instruments with high liquidity and very short maturities are traded. It is used by participants as a means for borrowing and lending in the short term, with maturities that More...

By gktoday On Tuesday, July 4th, 2017
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What is Goods Service Tax (GST) ? Benefits of Goods Service Tax ?

GST or Goods and Service Tax  is common tax system proposed by the government. As the name suggest it is a common tax for Goods and Services. In simple words today we are paying multiple taxes such as excise duty, More...

By gktoday On Tuesday, July 4th, 2017
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Nine ??????? ??? ?????? ????? ??? ??? ???? ??? ?? ????? ?????????

9 ??????? ??? ?????? ????? ??? ??? ???? ??? ?? ????? ????????? ================================= I started saving a lot later in life than I should have – almost 8 years later. When I did start saving I turned More...

By gktoday On Tuesday, March 28th, 2017
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Zerodha introduces Coin-Commission free direct mutual fund platform which saves huge money

What is a Mutual Fund ? A mutual fund is an investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments More...

By gktoday On Monday, June 20th, 2016
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10 important questions to ask BEFORE you invest

10 important questions to ask BEFORE you invest ======================================== It is common to see people with some reasonable income to be chased by Relationship Managers to buy some product or the other. More...

By gktoday On Monday, June 20th, 2016
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About Islamic Development Bank has decided to open its first branch in India

Islamic Development Bank Saudi Arabia’s Islamic Development Bank (IDB) has decided to open its first branch in India at Ahmedabad, Gujarat. In this regard, IDB and its private sector arm, Islamic Corporation More...

By gktoday On Monday, June 20th, 2016
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Green Economy Visionary Award 2016

Dr Dr. R Seetharaman, Group CEO of Doha Bank, has been honoured with the 2016 Green Economy Visionary Award. He has been awarded with this award for his contribution in environment-friendly activities and thereby More...