Cryptocurrencies have gained so much popularity around the world, especially in India, in the last year. After a bloodbath in the crypto market, it has started gaining its position once again. Although the major currencies are not near their...
A current account, otherwise called a financial account is a kind of deposit account kept up by people who complete a fundamentally higher number of exchanges with banks all the time. It is made by the bank on solicitation...
With the fall in the price of gold, investment in gold has started growing once again. In the month of September, an investment of Rs 446 crore has come in Gold Exchange Traded Funds (Gold ETFs). According to the...
Since long, people have relied on credit cards to get them through rough patches. A credit card is a plastic, electronic card that allows you to borrow money from the bank with a promise that you'll pay back the...
A cheque is a facility or instrument provided by the bank, through which you can pay money to any person or institution without withdrawing cash from your bank account. It is an unconditional grant of mandate, in which the...
Unlike regular citizens of India, NRIs can't have standard savings accounts in Indian banks. There are three famous types of bank accounts a NRI could operate i.e. non-resident customary account, non-resident external account and foreign currency non-resident (B) account.
Whether...