A credit score is a numerical representation of an individual’s creditworthiness. It is used by lenders and financial institutions to…
The transaction limit for Aadhaar Enabled Payment System (AEPS) transactions per day is currently set by the National Payments Corporation…
AEPS service is banned in pin codes - As of my knowledge cut-off in 2021, AEPS (Aadhaar Enabled Payment System)…
What is credit card?A credit card is a payment card that allows you to borrow money from a financial institution…
An e-mandate is an electronic instruction that allows a financial institution or service provider to automatically debit funds from a…
In the context of SIP (Systematic Investment Plan), NAV (Net Asset Value) refers to the value of one unit of…
Mutual funds are subject to market risk because they invest in stocks, bonds, and other securities that are traded on…
What is share market? A share market, also known as a stock market or equity market, is a marketplace where…
NPCI stands for National Payments Corporation of India, and it is a non-profit organization that operates retail payment systems in…
What is repo rate and reverse repo rate? Repo rate and reverse repo rate are both monetary policy tools used…
