Editorial Staff

Are you holding unusable notes ? You can exchange it by visiting either a public sector or private bank’s cash counter. RBI has instructed banks to exchange notes that are either soiled or mutilated or are in unusable conditions. Soiled notes are those which have become dirty and slightly cut because of its use. Mutilated are those which are composed of more than two pieces … [Read more...] about How to exchange unusable or soiled or mutilated notes in India

In a surprise move today, RBI has increased its policy repo rate or interest rate by 25 basis points and keeps the cash reserve ratio of schedule bank unchanged to 4%. Due to this change, the repo rate that bank pays when they borrow money from RBI has been increased from 7.75 % to 8 % per annum. Reverse repo rate at which RBI pays to bank for keeping their surplus money has … [Read more...] about RBI increased the policy repo rate by 25 basis points

ETF is an Exchange Traded Fund which is introduced in the early 1980s. It works like a mutual fund where investments are made into a specific basket of stocks or assets like gold or index funds. These funds are also traded in stock exchange as a separate unit which can be bought and sold like shares. When an investor buys a share in Exchange Traded Fund, it means that … [Read more...] about What is ETF or Exchange Traded Fund

ADR is an acronym for American Depository Receipt. It’s actually an instrument which is issued by US depository bank and traded at stock exchanges in the US. Each American Depository Receipt or ADR represents certain fixed number of shares of a foreign company whose shares are listed and traded outside US. By investing into American Depository Receipts, US’s domestic … [Read more...] about ADR – Understanding American Depository Receipt

Imagine for a moment that you have developed a new design and worked for years to make that design a popular brand and then someone has copied or steals your ideas to make it his own design. Protecting your design or business name through trademark registration should be the first step and is the best way to get legal shell to your brand. By having a patent of your … [Read more...] about Why trademark registration is so important for your business

Banks and post offices are offering different investment scheme for an individual to invest their ideal money to get higher return for future. In out previous articles we have discussed about Public Provident Fund, Fixed deposit and Insurance schemes. Today in this article we will know what is term deposit and how it can be a great investment opportunity for … [Read more...] about What is Term Deposit – How it works in India

Medical emergencies like diseases, sickness and accidents may result in prolonged hospitalization. This may increase your medical treatment expenses beyond your budget limit. Due to rising medical cost, health insurance has become an indispensable tool in today’s world. To avoid financial crisis in future, you can avail a health insurance policy for taking care of your … [Read more...] about 5 things to remember while choosing your health insurance plan

Investors in share market choose different approaches for their investment. These approaches are defined based on the choices that they make while picking up stocks. Some investors base their stock picking decisions on the basis of company’s performance and how well they can perform in future. Some others use to look at bigger economic performance and then based on that look … [Read more...] about Top-down and Bottom-up approach of investing in share market

After changing job from one employer to other, employees are required to initiate their EPF balance transfer to new account. Due to some reason these people do not initiate or initiation may be stopped in between for some reason without transferring the balance in employee provident fund account. If your EPF account is inactive for 36 months then such account will not be … [Read more...] about What to do with your inactive EPF account