Interest Rate Swap: Meaning, Benefits and Types

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Finance

Interest Rate Swap: Meaning, Benefits and Types What is an Interest Rate Swap? An interest rate swap (IRS) is a contract where two parties agree to exchange interest payments for a specified principal amount and duration. These derivatives are traded over the counter (OTC) and can be tailored to meet the needs of the parties […]

What is Masked Aadhaar Card? Meaning, Uses & How to Download

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Finance

What is Masked Aadhaar Card? Meaning, Uses & How to Download Are you aware of the smart approach the Unique Identification Authority of India (UIDAI) developed in response to growing concerns around data security? We are discussing The Masked Aadhaar Card, one of the solutions developed by UIDAI in response to fraud and data theft. […]

What is a Letter of Credit and How Does it Work?

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Finance

What Is a Letter of Credit and How Does It Work? A letter of credit is a financial document issued by a bank that guarantees a buyer’s payment to a seller within a specified timeframe. It is used primarily in international trade transactions to mitigate risks, ensuring that all parties involved fulfil their contractu al […]

8 Finance Goals to secure a better future

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Finance

CIBIL Score: The Ultimate Guide Goals give you a direction and purpose to move forward with everything you want to achieve. Even when it comes to money.  Financial goals can help you create a roadmap for a brighter financial future. But something that’s more important than setting personal finance goals is setting the right ones. What exactly […]

Basics of Investing in India

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Finance

A Beginner’s Guide to Investing in India Investing your money is a powerful way to increase your wealth and secure financial stability. It is the process of allocating your money in assets with the expectation of gaining profits over a period of time. When it comes to investing in India, you have multiple options like […]

How to build an emergency fund?

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Finance

How to Build An Emergency Fund? The way seatbelts protect you during accidents, an emergency fund protects you during unforeseen times like loss of job, medical emergencies, or unexpected expenses.  What is An Emergency Fund?   An emergency loan is money that you should put aside to cover at least 3-6 months of your monthly […]

Top Reasons for Salary Delay: Best Ways To Deal with Them

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Finance

Top Reasons for Salary Delay: Best Ways To Deal with Them Have you ever found yourself anxiously checking your bank account, waiting for salary to be credited, only to disappointed that it hasn’t come on time? Many of us would have gone through this frustrating experience, unsure of what to do next. Even a few […]