What is Altman Z Score For Risk Assessment in Banks ?
Altman Z Score is used to identify bankruptcy potential of the firms or companies. The Altman score is the output of a credit strength test
SC Extends Period of Limitation for Filing Appeals Due to COVID
The top court has extended the period of limitation for filing appeals by litigants until further orders due to COVID alarming situation. The Supreme court
What is Positive Pay System For Cheque Clearing, Know the Charges ?
Positive Pay System of making payment to high value Cheques in Clearing or The Cheque Truncation System (CTS) – To further augment customer safety in
What is Equity Growth Oriented Scheme ?
The basic aim of growth funds in equity scheme is to provide capital appreciation over the medium to long- term. Such schemes normally invest a
What is Close-ended Mutual Fund Scheme ?
A close-ended fund or scheme has a stipulated maturity period e.g. 5-7 years. The fund is open for subscription only during a specified period at
What is Open-ended Mutual Fund Scheme ?
An open-ended fund or scheme is one that is available for subscription and repurchase on a continuous basis. These schemes do not have a fixed
Can I invest more than Rs.50,000 and claim tax benefit under RGESS?
One may invest any amount in a demat account designated under RGESS, but the benefit under the Scheme can be claimed only on investment up
What is the Eligibility Criteria For Education Loan in India ?
Student eligibility: The student should be an Indian National.Should have secured admission to a higher education course in recognized institutions in India or Abroad through
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