Banks are now applying a new system of linking loan with the benchmarks prescribed by RBI. It will impact the loans by reducing the funding costs by 0.30% in some cases. SBI is having spread at 2.65% above the Repo Rate, which is right now at 5.40% which comes to around 8.05%, this bring out … Read more
Govt owned Indian Railway catering and Tourism Corporation is eyeing for a public issue and has filed papers for SEBI node. Its primary objective is to sell tickets and manage catering services of Indian Railways is on its way for its Initial public offering (IPO) It has nearly 550,000-600,000 bookings everyday is world’s second busiest … Read more
Hi Guys!! As you are aware gold rates have been surged to an all time high price, do you really know the reason behind it? No, then you have come to a right place, today we are going to discuss the reason due for sudden spike in gold prices. Actually gold prices spiked due to … Read more
Capital Gains on IPO, Shares and LTCG vs STCG on listed securities, What is capital gain ? and what are capital assets, LTCG vs STCG on listed securities
There has been introduced a new system for blocking money for some special purposes like IPO applications, UPI is a product of National payments corp…
Credit Report/CIBIL is a system wherein you can check your credit worthiness, It depends upon payment history for different loan types and..