What is a Capital Market?
Capital market is a market for long-term debt and equity shares. The Debt Market is the market where fixed-income securities of various types and features are issued and traded. Debt Markets are, therefore, markets for fixed-income securities issued by the Central and State Governments, Municipal Corporations, banks, and financial institutions. A share may be bought…
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What are G-sec/Government securities?
[This post elucidates what is a Government stock, who is all buyers of Government securities, why banks invest in Government securities beyond SLR requirement, advantages, and a brief on the issuance of Government Securities] What is G-sec? Government security (G-sec) is a form of security issued by the Government through a notification in the official…
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Benefits and risks of Interconnectedness of Banks
Banks can be connected in several ways. The following are examples of the interconnectedness of Banks. UPI live members: A list of bank names live on UPI, whose customers can use UPI to transfer, pay, or collect money directly from one bank account to another bank account. This is the best example of the interconnectedness…
Read article History and Evolution of the Financial Market
The story of the financial market is probably as old as the story of mankind. A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials, and precious metals, which are known in the financial markets as commodities.…
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Definition of MSME and the classification of MSME
[Updated up to December 28, 2023, in terms of RBI circular dated 28.12.2023] MSME stands for Micro, Small and Medium Enterprises. MSMEs are businesses that produce, process, and preserve goods and commodities. The government of India (GoI), vide Gazette Notification S.O. 2119 (E) dated June 26, 2020, has notified new criteria for classifying the enterprises…
2024 Bank holidays in India: State-wise holiday lists (including UTs)
The holidays declared under the NI Act apply exclusively to the banks located within the administration area of a specific State or Union Territory. In other States and Union territories where it is not a holiday, banks remain open and allow normal banking transactions similar to any other working day. States and Union Territories of…
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