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Being Disciplined Is the Precursor To Success
While there may be a hundred and one ways of defining discipline, it is really this definition that has made a significant impact in my life. The definition goes like this: Discipline is the choice between what you want “now” and what you want “most” in your life. This definition is founded…
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Are You Afraid Of Speaking To Your Customers?
As a small business owner one of the questions that you should be asking yourself is whether you are afraid of speaking to your customers. If you answer to the question is yes, it shows but you are not confident of the fact that you services are living up to your customers…
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What Is A Payments Bank?
A traditional bank offers services that can be broadly categorized into three groups: acceptance of demand and time deposits from the public, extension of credit facilities to borrowers and payments and remittance services. A payments bank, as differentiated from a traditional bank, will offer only certain restricted banking services to its customers.…
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21 Legal Terms And Their Meanings
This post features a collection of 21 important legal terms and their meanings. After all its always good to know more. 1. Ad hoc – For this (purpose). 2. Ad interim – In the meantime. 3. Ad valorem – According to the estimated value. 4. Affidavit – A written statement made voluntarily…
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A Discussion on Business Risk
Risk is a possibility that a plan might fail or a situation goes against us. All of us face risks in our day to day lives. For a person commuting to work, the risk is that he might be caught up in a traffic and be late for office. For an investor…
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What Is Repo and Reverse Repo?
Repurchase Options or Repos are a mechanism through which the Reserve Bank Of India infuses liquidity into the banking system by lending money to the banking institutions. Repos are backed by a collateral – which generally takes the form of approved debt securities. A Reverse repo is similar to a repo transaction,…
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Rolling Settlement – What Does It Mean
A rolling settlement cycle is one in which trades executed on the trade date (T) are settled ‘X’ no. of days after. A rolling settlement is denoted in terms of ‘T+X’ days, where the settlement will take place ‘X’ business days after the Trade Date. In the Indian equity markets, we follow…
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Concept of Arbitrage
Arbitrage is the practice of taking advantage of the ‘price-difference’ for a homogeneous commodity or a security in two or more markets by buying from the market where the price is low and simultaneously selling it in the market where the price is high. Arbitrage is possible only when the profits made…
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Market Order Vs Limit Order
While buying or selling a security, you would have noticed that there are options for placing two different kinds of orders: Market Order and Limit Order. In this post we will attempt to understand the basic differences between the two. 1. Market Order: Market order is one where you instruct your broker…
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Symptoms Of Corporate Sickness
When investing in the stock markets, we look for companies which are not only financially ‘healthy’ but also exhibit a ‘growth potential’ going forward. In this post we identify some symptoms of corporate sickness which might indicate an impending corporate failure. This will help you identify the companies you need to stay…
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What Is ISIN
ISIN stands for International Securities Identification Number and is a 12 digit alpha-numeric code used to uniquely identify a tradable security (Shares, bonds, warrants etc). ISIN is generally used for identification of a security during the trading and settlement process. Understanding the ISIN code. An ISIN consists of a two letter country code,…
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5 Facts About ULIPs
Unit Linked Insurance Plans (ULIPs) are hybrid life insurance products that seem to be growing in popularity by the day. These are market linked products where the returns to the investors are directly related to the performance of the funds they invest in. In this post we take up 5 facts about…