I recently attended the 26th Budget Conclave conducted by Malayala Manorama and the guest speaker was Dr. Rajiv Kumar. In his speech, he shared 2 slides India’s Banking Sector Growth in Demat account growth in credit to deposit ratio In the first slide, India’s credit-to-deposit ratio is shown as increasing. Let us break it down to…
Systematic Investment Plans (SIPs) work perfectly for the salaried class. People who have a regular income can plan for an auto debit every month towards mutual fund investing. What about people who do not have a regular income, like the business owners or the self-employed professionals? Will SIPs work for them? The short answer is…
You might have heard about IPO — Initial Public Offering, wherein the owners sell a percentage of their company to the public for cash. example: owners may sell a 15% stake for a total sum of 5000 crores. Owners will use this 5k crore to build their company and as a result, the price of the shares…
