What are Fixed Deposits?
Putting your money in the banks for specified periods is also a form of investment, as it brings in returns in the form interests. These returns may be small compared to some of the other options, the risk element is little.
Deposits accepted by banks for a specified period of time are called time deposits. The [...]
Mutual Funds – Dabble In Stocks With Less Risk
If you are keen to take the benefits of higher-risk areas like stocks and bonds, and yet do not feel confident about it, mutual funds could be the answer.
Mutual funds are professionally-managed firms of collective investments. They collect money from many investors for trading and invest in stocks, bonds, short-term money market instruments, and/or other [...]
Why do Companies Issue Stock?
Why do companies turn willing to share their profits with thousands of people when they could keep profits to themselves?
At some point or the other every company needs to raise money for its expansion or likewise. In order to raise money the company can borrow it from someone or can raise money by selling a [...]
Internet Banking Frauds – How To Prevent It?
Is internet banking 100% secure? Unfortunately it is not. In spite of all the security measures, frauds do take place, even though rarely. However, you don’t need to worry, since banks across the world have learned to be alert against such attempts.
Types of Internet Banking Frauds
Phishing
Phishing operates by sending forged e-mail, impersonating an [...]
How Can We Bank At Home Using Internet Banking?
What internet banking does is to bring banking right into your home. All you need is a computer with an internet connection.
Let us see what this is about..
Customers are allowed to conduct financial transactions on a secure website operated by their retail or virtual bank, credit union or building society. There are many common features [...]
What are Demand Drafts?
The Demand Draft is a device used to transfer payments from one bank account to another. Like a cheque, a Demand Draft also is a negotiable instrument. This instrument is used by most banks in India for the effective transfer of money. Demand drafts are comparatively a more secure method of cashing cheques, and hence [...]