GBP1 =BSD 1.38478 SELLING BSD 1.38498 BUYING Local inter bank market rates for GBP were Spot GBP 1 = INR Rs. 103.087 SELLING INR Rs. 103.289 BUYING Calculate cover rate and ascertain the profit and loss in the transaction. Ignore Brokerage. Solution: Cross Over Rates Indian Rupee-GBP Selling Rate INR Rs. 103.289 Bahamian Dollar – … Read more
Introduction to Capital Structure Capital structure refers to the manner in which a company finances its assets using a combination of equity and debt.. It is the combination of various sources of funds that the corporation manages to finance its overall operations and growth. The corporation can use the debt source like long term bank … Read more
Introduction to Cryptocurrency Cryptocurrency is a decentralized digital or virtual money, reinforced by blockchain technology. It uses cryptography for security. Blockchain is a digital record of transactions. Cryptocurrencies are one of the most searched topics worldwide. It has now become one of the investment horizons for today’s tech-sophisticated investors. There are over 4000 cryptocurrencies in … Read more
Punjab National Bank: Profile Punjab National Bank (PNB) is India’s first Swadeshi Bank which started its operations on April 12, 1895 from Lahore. The bank had an authorized capital of Rs. 200,000 and working capital of Rs. 20,000. PNB started the business with the spirit of nationalism where it stood as the first bank purely … Read more
Introduction Before learning about bearish trend or market, lets define the the term ‘stock market’. Stock market is a public institutions established with the aim of issuing, buying and selling the stocks that operate on the stock exchange or over the counter are known as stock markets. It is the place where investors can gain … Read more
Introduction The terms ‘bull’ and ‘bear’ reflect the nature of stock market and are derived from the attacking nature of those representative animals. A bull always attack by thrusting its horns up into the air whereas a bear attack by slapping down its claws. Therefore, a bullish trend, in simplest term, is when market is … Read more
Objectives of Financial Management The efficient use of finance leads to the proper usage of finance by the business concern, and it is an essential aspect of the financial manager’s job. The primary objectives of Financial management can be expressed into two, which are as follows: Profit maximization The primary goal of every type of … Read more
Financial Management Definition Financial management consists of two important concepts i.e. Finance and Management. Finance is all about money and nature of money where as management is how you appropriate and utilize your available resources. Hence, financial management is how you manage the money or money related consideration. It is one of the most important … Read more
Introduction “The Harshad Mehta Scam” or “The Securities Scam 1992” is a classic example of stock market scam by Harshad Mehta, a registered and well-known broker during the time. This scam took over the stock market of India by storm and reflected the then volatility in the stock exchange. This scam involved misappropriation of funds … Read more
Finance Lease A finance lease is a lease agreement between lessor and lessee where the ownership of the asset is transferred to the lessee at the end of the lease term. A finance company is a lessor where as individual or borrower or customer is a lessee. “Capital Lease” is another term used for Finance … Read more