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Explore Registrationkraft’s Finance Category blog posts to learn about the latest trends, guidelines and legislations related to the Finance Industry.
CAS stands for Consolidated Account Statement. This statement can be defined as a document that summarizes investments made by an individual in mutual funds and securities held in demat mode. CAS contains crucial details like net asset value, bank account details, market value of the investment, merger/switching of mutual funds, bonus payments and so on. […]
Opening a dematerialization account a.k.a demat account allows you to invest your money in securities such as stocks and bonds. There are various stock brokers in India which allow you to open a demat account with them. Angel Broking is one of the oldest stockbrokers in India, and one of the most reliable and reputed […]
If you’re wondering whether it’s possible to request a minor change in Father’s name, Mother’s name and Spouse Name for EPF, then the answer is yes! It’s possible. What is a Minor Change? The following changes are considered as minor changes: If less than 3 alphabets get changed and the name not changing phonetically. If […]
Intraday trading is known for the buying and selling of stocks in the share market on the same day. You must have an online trading account to do Intraday trading. It is necessary to indicate that the orders are only for intraday trading when you are trading intraday. Here in this post, we have mentioned […]
The SAP definition is System Analysis Program. It was first known as System Analysis Program Development. SAP is considered the most renowned and reliable ERP solution available in the market. This software program is developed by the firm SAP SE. History Of SAP In 1972, five former IBM workers started SAP in Mannheim, Germany. SAP […]
Finance Minister Nirmala Sitharaman unveiled initiatives targeted at strengthening the micro, small, and medium enterprise (MSME) sector in her seventh budget speech, which also happened to be the first Union Budget of the new NDA government. Ms. Sitharaman claimed that MSMEs and labor-intensive manufacturing had received special attention in the budget and that the government […]
Q1 is an acronym for the first quarter of the fiscal year. Q1 results refers to the result of a company’s performance in the first quarter of the fiscal year. In total, there are 4 quarterly results i.e., Q1 results, Q2 results, Q3 results and Q4 results. Each quarter of a fiscal year lasts for […]
In India, treasury bills largely refer to short-term money sector instruments that act as promissory notes with the assurance of repayment in the future. The money accumulated through these money instruments is meant to help the government in its short-term requirements, thus contributing effectively to the decrease of the nation’s typical fiscal shortfall. Treasury bills […]
Muthoot FinCorp, on 21st May, 2024, announced its highest-ever loan disbursements in FY24 at Rs. 61,703.26 crore, which marked an 18.6 percent increase. Asset under management (AUM) of Rs 33,359.30 crore and a consolidated net profit of Rs 1,047.98 crore were reported by the company, which reflected a significant 62 percent rise. The company recorded […]
SBI has announced an increase in its fixed deposit interest rates for retail deposits (up to Rs 2 crore) Here are the latest SBI fixed deposit interest rates.(Rates in % p.a) Tenor : 7 days to 45 days Revised Rates for Public – 3.50 % p.a | Revised Rates for Senior Citizen- 4.00 % p.a […]