The word amalgamation has its genesis in metallurgy. When two metals are joined together to form a different precious metal, it is called amalgamation. In banking parlance, the Social media banking is also an amalgamation of Social media marketing and Digital banking. When these two meet, a synergized phenomenon...
Well! Electrical vehicle (EV) is talk of the town in automobile industries. It’s a step forward to a sustainable automobile industry and of course! It’s a need of the hour too. It has less carbon footprint as compared to the conventional petrol and diesel vehicles and can reduce our...
In future, Cryptocurrency will be the main currency across the world. One thing that the 2008 economic crisis has showed us is that the traditional currency systems are flawed. It has been confirmed in 2020. More and more people are searching for viable alternatives. That is what the crypto...
Why we take an Insurance Policy? Of course, the purpose is to provide a shield to our dependent family members with adequate financial cover in case of any unfortunate event in our life. Earlier, it was sufficient to have just one Life Insurance policy to give a sense of...
Every investor wants to maximize his returns on investment within the shortest possible time. At the same time people have natural tendency to undertake minimum risk. The fact is that both the returns and risks are directly proportional. Lower the risk, lower will be the returns and higher the...
As the saying goes “A bird in hand is worth two in bush”, anything we receive today is better and more valuable than the something uncertain in terms of amount and time zone. With compound effect, even a penny becomes huge like the Mount Everest. This is the concept...
“A ship at shore is safe, but that is not what it is constructed for” The above words said by Grace Murray Hopper are also aptly suited for the banks as well as other financial institutions. Banks have to take risks all the time with the money that does...
Money is something that we all are familiar with but sometimes don’t know what to do with it? Mainly we have three options. Spending, saving and investing. Spending is the easiest way and it finds its way but other two options need knowledge, awareness and thorough analysis before choosing...
Anytime when you think of borrowing money as loan for business or for personal reasons, you must remember that taking a loan is a serious commitment. Once you have signed on the dotted lines of loan agreement you have agreed to pay back the sum you have borrowed plus...
Millennials are talk of the town now days. Who are these Millennials? Why they are in discussion? Millennials include the generation born in early 1980s as starting birth year and the mid-1990s to early 2000s as ending birth year. However, the widely accepted defining range for this generation is...