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Can I have multiple demat accounts?
In India, one person can hold many demat accounts, and it is legal too. However, it is not allowed to open multiple demat accounts with the same brokerage firm. If the brokerage firm is offering…
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6 Anti-Money Laundering Challenges
Anti-money laundering is a complicated issue, jeopardizing financial organizations and states. The fiscal mechanism has to operate with as few obstacles as possible. Money laundering prevention exists to eradicate tax evasion, fraud, and other financial…
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How do banks make money?
Banks play a crucial role in our modern economic system, serving as financial institutes or intermediaries that facilitate the flow of money. Banks also offer financial services like credit, investments, tax filing, etc. Most of…
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Security measures for cryptocurrency investments
Cryptocurrency has taken the financial world by storm in recent years. With the potential for substantial returns on investment, it’s no wonder that more and more individuals are venturing into the world of digital currencies.…
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Mutual fund types: Based on asset classes, structures, risks, and benefits
In last article we seen what is a mutual fund and learned some of its technical jargon that haunt us all the time, now we are going to look into different types of mutual fund…
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What Is a Mutual Fund?
A mutual fund is a type of investment instrument consisting of stocks, bonds, metals, and similar other securities. In mutual fund, the fund house collects money from small-small investors and invests it in web diversified…
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The significance of a robust credit score in your home loan journey
Once you achieve the financial strength you had envisioned all your life, the next big step is buying a house you can call your own. Hence, investing in a house is a big decision and…
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Difference between NSDL and CDSL
Understanding the distinctions between NSDL and CDSL is pivotal for investors navigating the Indian securities market. This comprehensive article delves into the nuances of both depositories, elucidating their functions, structures, and divergent features to empower…
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What is Credit Score? Your Key to Financial Health!
Learn everything about credit scores – what they are, how they’re calculated, why they matter, and tips to improve yours. Navigate the world of credit confidently for a healthier financial future.
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What is The Most Efficient Way to Use a Credit Card?
Discover the efficient ways to use a credit card to maximize benefits, avoid excessive debt, and maintain a healthy credit score.
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Why is SEBI Tightening Norms for Finfluencers?
The Securities and Exchange Board of India (SEBI) is tightening regulations for ‘finfluencers’ – individuals who use social media to offer financial advice – to protect investors from misinformation. The new norms involve stricter disclosure…
