Altman Z Score

What is Altman Z Score For Risk Assessment in Banks ?

Altman Z Score is used to identify bankruptcy potential of the firms or companies. The Altman score is the output of a credit strength test

extend period of limitation

SC Extends Period of Limitation for Filing Appeals Due to COVID

The top court has extended the period of limitation for filing appeals by litigants until further orders due to COVID alarming situation. The Supreme court

Positive Pay System

What is Positive Pay System For Cheque Clearing, Know the Charges ?

Positive Pay System of making payment to high value Cheques in Clearing or The Cheque Truncation System (CTS) –  To further augment customer safety in

What is Equity Growth Oriented Scheme ?

The basic aim of growth funds in equity scheme is to provide capital appreciation over the medium to long- term. Such schemes normally invest a

What is Close-ended Mutual Fund Scheme ?

A close-ended fund or scheme has a stipulated maturity period e.g. 5-7 years. The fund is open for subscription only during a specified period at

What is Open-ended Mutual Fund Scheme ?

An open-ended fund or scheme is one that is available for subscription and repurchase on a continuous basis. These schemes do not have a fixed

Can I invest more than Rs.50,000 and claim tax benefit under RGESS?

One may invest any amount in a demat account designated under RGESS, but the benefit under the Scheme can be claimed only on investment up

What is the Eligibility Criteria For Education Loan in India ?

Student eligibility: The student should be an Indian National.Should have secured admission to a higher education course in recognized institutions in India or Abroad through