How does a Blockchain work?

It is highly unlikely that the tech savvy and finance-phillics are unaware of the term “Blockchain”. This perfectly indexed ledger of records is now been accepted as the future for many new as well as old businesses. Starting from orthodox organisations such as banks and governments to the new age revolutionary startups, everyone seeks to reap out the maximum benefits of the Blockchain technology. In …

ETF V/S Mutual Funds

Often people confuse the Exchange Traded Funds (ETF’s) and Mutual Funds (MF’s) to be the same thing or say two interchangeable terms but in reality, they are two very different things. Though, the two have many similarities also but they differ in many ways too. The decision regarding investment in a mutual fund or exchange–traded fund may seem like a petty consideration, but there are …

Hacking Maximum Benefits out of ELSS Schemes

Tax Saver Mutual Funds or ELSS Schemes have held a strong grip on the investors, irrespective of the fact that to which tax bracket they belong.  A veteran in the field of tax savings, ELSS have openly been regarded as efficient money saving and inflation beating tool. The basics and necessity of this scheme has been discussed in our previous two articles: What are Equity …

Exploring the Bharat 22 ETF

Trading like a stock, yet having diversification quality of a portfolio, Exchange Traded Funds or ETFs represent a perfect combination of equity and a mutual fund. As far as the Indian scenario is concerned, ETF market is well developing and has some key players actively utilising this investment tool. Recently, the ETF market has caught fire like attention due to launch of the awaited Bharat 22 …

Kuvera: The Commission Free Investment Platform

Kuvera’s tag line reads “The best things in life are free“. Interesting, isn’t it? Well, when it comes to the world of money, where no one works for free, it certainly is quite interesting. The term Kuvera (or Kuber) refers to the God of Wealth, and now a startup of the same name is preparing itself to reinvent the meaning of the term. How does …

Understanding Infosys Finacle Core Banking System

What is Infosys Finacle? Finacle is a banking solution built by the Indian Corporation, Infosys to provide core banking solutions and promote a growth of the e-banking facilities. It was first launched in the year 1999. It was used for the very first time by the State Bank of India to bring an overall change in its structure of E-Banking. It was built under the …

What is a Zero Frills Bank Account

In order to compensate for the services that the bank provides, the customers are usually required to maintain a minimum average balance in their accounts. However, there are many people in India who are unable to maintain a minimum balance in his or her bank account due to insufficiency of money. So, Reserve Bank of India has introduced an account which does not require any minimum …