Updated on 01.01.2023 Compare the Interest Rates Offered on deposits by all the public sector banks and large private sector banks in India at a quick glance.) The names of public sector banks and private sector banks are separately listed below in alphabetic order. The table on the right side of the bank’s name shows…
In my previous post ‘how to get down to the redevelopment project of a housing society building,’ I explained what are all the precautions to be taken by the Society and its members before entering into an agreement with the builders/developers and what are all the important clauses to be included in the agreement. In…
[This article elucidates the FEMA rules for the transfer of sale proceeds of immovable properties abroad and documents required for the same.] Section 6(5) in the Foreign Exchange Management Act, 1999 provides that “A person resident outside India may hold, own, transfer or invest in Indian currency, security or any immovable property situated in India…
[The following article offers details about how many days in advance one can purchase foreign currencies,how much foreign currency and Indian currency one can carry with him for traveling different countries,how much foreign currency can be purchased on cash payment, the purpose for which foreign currency can be purchased,Usage of cards on foreign travel, the…
(The article gives the insight of important points to be borne in mind at the time of execution of loan documents with a to z check-list.) The system of obtaining proper documents as per sanction terms is called documentation.Without the proper documents, it is hard to create a legally enforceable charge on the security offered. Selection…
(A manufacturing unit needs to hold the stock of raw material, work-in-process, finished goods for a length of time in the workplace before dispatching the final products to the customers.This article explains how to calculate holding period for stocks and book debts collection) In simple term, operating cycle means the length of time required to…
An interview is a two-way communication process between a candidate and the interviewers. The objectives behind an interview are to assess the candidate’s personality competencies such as attitudes, morals, enthusiasm, respect for the others, friendliness, the level of acquired knowledge or information etc., which cannot be assessed through a written test. The rationale behind conducting…