What is Monetary Policy? Definition, Objective, Tools and Types

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Latest Update: For the eighth time in a row, MPC led by RBI Governor Mr. Shaktikanta Das, kept the Monetary Policy unchanged in October 2021. Interest...
absolute valuation

Understanding Absolute Valuation: Unveiling the True Worth of Investments

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Introduction In the world of finance and investing, determining the value of assets, companies, and securities is a crucial endeavor. One popular method employed by...
The Importance of a Cancelled Cheque Understanding its Purpose

Importance of Cancelled Cheque: Understanding its Purpose

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A cancelled cheque is a document that serves as proof of both the existence of a bank account and the account holder's identity. This...
Navigating Joint Bank Account Rules in India: A Comprehensive Guide

Navigating Joint Bank Account Rules in India: A Comprehensive Guide

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Introduction Managing finances is an essential aspect of our lives, and for many, this includes sharing financial responsibilities with a partner, family member, or business...
Cancelled Cheque

What is Cancelled Cheque, How to Write a Cancelled Cheque, Uses and Sample of...

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In the world of one-click payment like UPI, E-Wallet and Internet Banking, the cheque is now becoming an obsolete way of payment for young...
Simplifying Transactions with Bank Deposit Challans

Simplifying Transactions with Bank Deposit Challans

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In today's digital era, conducting financial transactions has become more convenient and efficient than ever before. However, certain traditional methods, such as bank deposit...
bank letter of indemnity

Bank Letter of Indemnity: What You Need to Know

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A bank letter of indemnity is a legal document that is used to protect banks from any financial loss that may occur due to...
PNB Net Banking – Steps to Register & Transfer Funds Online

PNB Net Banking – Steps to Register & Transfer Funds Online

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  Established May 19,1894 Founder Dyal Singh Majithia Lala Lajpat Rai Headquarters New Delhi, India Customer service 1800 180 2222 Founded 19 May 1894 Founded in 1894, Punjab National Bank is the first domestic bank...
The Assurance of DICGC: Protecting Deposits in Indian Banks

The Assurance of DICGC: Protecting Deposits in Indian Banks

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When it comes to keeping our hard-earned money safe, trust and confidence in the banking system play a crucial role. In India, one significant...