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Everything you need to know about UPI reference number
Each UPI transaction is assigned a unique 12-digit code called the UPI reference number, or UTR (Unique Transaction Reference) number. This is crucial for confirming and tracking transactions executed through the Unified Payments Interface (UPI) system. A distinct reference number…
Everything you need to know about Prompt Corrective Action framework
Prompt Corrective Action (PCA) is a monitoring method employed by the Reserve Bank of India (RBI) to check and stabilize the health of the country’s banking system. PCA is usually implemented by the RBI when a bank’s performance slips below…
Fixed deposits: FD interest rates and everything you need to know
Financial institutions such as banks, NBFCs, and corporates offer fixed deposits (FDs). They are popular financial products through which people can deposit an amount for a fixed period at a stipulated interest rate. A bank FD offers a higher interest…
How to invest in SIP: A comprehensive guide
An SIP, or systematic investment plan, is a structured way of investing in mutual funds. When you make SIP investments over some time, the small amounts that you put in help you build up a corpus. You can also choose…
FDI vs. FPI: Understanding the key differences
Global capital flows are broadly classified into FDI (foreign direct investment) and FPI (foreign portfolio investment). FPI refers to investments made by foreign investors in stock markets in overseas markets. On the other hand, foreign direct investment means investment made…
RBI rate hike: How will a change in repo rate impact you?
Repo rate stands for Repurchase Option Rate. In India, the Reserve Bank of India (RBI) lends money to commercial banks at this interest rate. Essentially, the central bank uses the repo rate as an instrument to manage the economy and…
Best railway stocks in India for 2025
Indian Railways is one of the world’s largest and fast-growing networks. This makes investing in rail stocks an interesting proposition. However, before investing, you need to have a clear idea about the industry’s prospects. Taking a close look at some…
What is pre-open market session in the stock market?
Are you new to stock market trading? Have you ever heard of pre-open market session or pre-open market timing? Not to worry, you are at the right place. The pre-open market session happens in Indian stock exchanges, NSE and BSE.…
What is the stock market, and how does it work?
Stock market serves as a meeting place for buyers and sellers of shares. The Indian stock market plays a vital role in the country’s economic system as it creates opportunities for large sections of the population to participate in wealth…
Understanding why SIP investment is the best way to invest
In the last five years, the number of people investing in stocks has grown exponentially. Direct investing is risky, so most people who trade in the stock market do so through mutual funds. Another trendy and effective way for buyers…
