Don’t put all your eggs in a basket. The investment quote signifies diversification. In simple terms, it means one has to spread their risk. There is risk involved in every investment. The risk only amplifies if all the money is...

Introduction Punjab National Bank PNB provides a range of fixed deposit schemes to meet different customer requirements. The interest rates for the FDs vary with different tenures and schemes. The minimum tenure for Punjab National Bank FD is seven days....

The income tax slabs are applicable as per the net taxable income. Income tax is a tax levied on the net taxable income of a person. A person, here, includes an individual, Hindu Undivided Family (HUF), Association of person (AOP),...

Introduction The increase in suspicious activities in the financial market has had a negative effect on the financial sector. The increase in financial crime deeply impacts the financial market. Therefore, there was a need to introduce strict procedures to know...

Introduction SBI provides a diverse range of fixed deposits with varying interest rates for different tenures. Minimum tenure for SBI Bank fixed deposits is seven days. The maximum tenure is ten years. The minimum deposit is INR 1,000. There is...

Introduction Anything can lead to the market breaking resistance levels (highs) and support levels (lows). Investor sentiments, credit ratings and any rumour about the company are just a few examples that lead to volatility in the market. These market movements...

alternative investment funds Introduction to alternative investment funds Alternative Investment Funds AIF differ from regular conventional investments (asset classes) like stocks, debt securities etc. Alternative Investment Fund is a privately pooled investment vehicle that collects money from sophisticated private investors....

Introduction With the growing fraudulence in the financial sector, and to trace any suspicious behaviour it has become very important to keep proper records of customer. CKYC norms were introduced to curb the illegal activity that ruins the financial sector....