Introduction In terms of finance, the current price is the last traded price of a financial security. It is the most reliable indicator of a security's current value. The current price of a security depends on the demand and supply...

My Account Balance Introduction In today’s era, the advancements in the digital world have made banking and financial operations very easy and handy. With emerging technology, banks have initiated several ways to check bank account balance. One can check their...

Introduction Security Transaction Tax (STT) is a result of multiple tax evasions of capital gains tax. It was introduced to curb fraudulent transactions of tax evasion. The Government has announced STT in 2004 and was applicable from October 1st, 2004....

Zero Coupon Bond Introduction Zero coupon bonds are fixed income securities that don't pay any interest. At the time of maturity, the investor is paid the face value or par value. These bonds come with 10-15 years maturity. Hence, they...

Introduction Internal Rate of Return (IRR) is a financial metric that considers the cash flows from an investment to evaluate its profitability. In other words, it evaluates investment returns by considering both positive and negative cash flows. It is called...

Introduction Credit rating is an analysis of an organisation's creditworthiness and credit quality. A credit rating agency performs a detailed analysis of financial instruments of an entity. The rating scales range from AAA to D based on how safe the...

Financial Literacy Introduction Financial literacy is the ability to manage one's money. The goal of financial literacy is to help in understanding financial concepts that will help them to manage their money better. It is a life skill that one...

Introduction  The Government of India needs money to meet its financial requirements. They approach the general public to raise money. They can raise funds by offering different financial instruments for both short term and long term. However, there are very...