The FLA Return is an annual submission required by Indian organizations that have either received foreign direct investment (FDI) or have undertaken FDI overseas to the Reserve Bank of India (RBI). This report is designed to gather details on the foreign liabilities and assets that these entities report on their balance sheets. It falls under the Foreign Exchange […]

ICICI Current Account provides a variety of services to its customers. Keeping in consideration the different banking needs of the users, ICICI Bank provides a large number of current account variants to cater to the user’s financial needs. The customers can avail the facility of ‘Anywhere Banking’ which enables them to operate from any branch

The price of gold in India has been influenced by a variety of factors over the years, including global market trends, domestic demand, government policies, and economic conditions. Gold has been a popular investment and saving option for Indians due to its cultural significance, economic stability, and hedging properties against inflation. Factors Influencing Gold Prices

The interest coverage ratio (ICR) is a financial ratio that measures a company’s ability to handle its outstanding debt. The ratio is calculated by dividing a company’s earnings before interest and taxes (EBIT) by its interest expense. A low ICR indicates that the company’s debt is great and, therefore, so is the possibility of bankruptcy. A

Priority Sector Lending (PSL) is a way to provide higher priority to certain economic sectors in the country. Priority Sector Lending aims to provide institutional credit to such sectors and segments for whom it is challenging to avail credit. In other words, the Priority Sector means those sectors that the GoI and RBI consider important

Lorem ipsum dolor sit amet, consectetur adIn the business world, authentication refers to the process of verifying the identity of a person, system, or device to ensure that they are who they claim to be. This is critical to protect businesses from fraud, unauthorized access, and data breaches. Authentication is used in various contexts, such

The Differential Rate of Interest (DRI) Scheme is a special loan scheme introduced by the Reserve Bank of India (RBI) to provide financial assistance to weaker sections of society at highly subsidized interest rates. The scheme is aimed at alleviating poverty by helping economically disadvantaged individuals get access to low-cost credit for productive purposes. DRI

The primary market refers to the market where securities are created, while the secondary market is one in which they are traded among investors. The premise of how companies issue securities and how investors trade them resides within the primary and secondary markets. Primary Market: Meaning A primary market is a marketplace where corporations imbibe

As per the Companies Act of 2013, an OPC is an entity that can have only one person as its member. The members of a company are recognized as the shareholders of the company or subscribers to its Memorandum of Association (MoA). Therefore an OPC is a company with only one shareholder as its member.