As per RBI’s Financial Stability Report December 2024, Gross NPA ratio of India’s banks falls to a 12-year low of 2.6%. NPA expands to non-performing assets (NPA). Reserve Bank of India defines Non Performing Assets in India as any advance or loan that is overdue for more than 90 days. “An asset becomes non-performing when it ceases […]

Barcodes are graphical representations of data that are optically machine-readable. In India, the use of barcodes has become ubiquitous across various industries. From retail to manufacturing, barcodes streamline processes, enhance accuracy, and contribute to the overall efficiency of supply chain management. What is Barcode? Barcodes are vertical lines representation that can be scanned electronically to

All SBI customers are asked to create a 4-digit debit card PIN or Green PIN after opening a savings or current account. SBI Debit Card PIN generation is required to activate your SBI debit card and enable a secure debit card transaction. Methods for SBI Debit Card PIN Generation SBI ATM PIN generation through ATM

Bata India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. Incorporated as Bata Shoe Company Private Limited in 1931, the company was set up initially as a small operation in Konnagar (near Calcutta) in 1932. In January 1934, the foundation stone for the

Business Accounting is the process of recording, evaluating, and displaying financial transactions and data. A company’s performance can keep it on track, and we can also record everything from start to finish. If done manually, it is a very complex and time-consuming task. Accounting software such as QuickBooks and Tally is widely used in Indian

The AISHE report has been published by the Ministry of Education since 2011. Aim: To portray the status of higher education in the country. The survey covers all the institutions in the country engaged in imparting higher education. Data is being collected on several parameters, such as teachers, student enrollment, programmes, examination results, education finance, and infrastructure. Indicators of educational development such as

Related party transactions, as defined by the Companies Act 2013, involve business dealings between a company and its affiliated entities or individuals. These transactions can raise worries about conflicts of interest and have significant financial implications for the company. The term related-party transaction refers to a deal or arrangement made between two parties who are joined by

In India, fixed deposit is one of the most popular investment options that help individuals to generate a fixed stream of income without exposing the capital to market fluctuations. The fact that interest accrued on fixed deposits comes under the purview of the Income Tax Act of India 1961 makes it liable for taxation. The

According to the Real Estate Regulation and Development Act, 2016, an Occupancy Certificate is defined as “the certificate, or such other certificate by whatever name called, issued by the competent authority permitting occupation of any building, as provided under local laws, which has provision for civic infrastructures such as water, sanitation and electricity.” An OC is

The State Bank of India (SBI), considered as a banking and financial powerhouse offers a wide range of netbanking services, such as funds transferring, opening bank and FD accounts, availing loans and credit cards, etc. Additionally, it offers various other services that include passbook printing, checking account balance, demand draft preparation, cheque-book applications and much