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General

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URN and Aadhar Updates

What is URN? URN stands for Update Request Number which is a unique code allotted to you while you apply for changes or updates in your Aadhar details. The URN code is irrespective of the mode of the request which…

General

Supreme Court decision on EPF

Earlier this month, the Supreme Court changed the rules for the Employee Provident Fund (EPF). The court said that the Employers cannot separate the special allocation while accounting for Provident Fund (PF) contribution. In such a situation, it is very…

General

Downloading e-Aadhaar and Password

An Aadhar number is a unique code comprising of 12-digits, the system is developed for the targeted delivery of services from the Government of India. A person’s Aadhaar includes personal details, demographics, and biometrics. The Unique Identification Authority of India…

General, Investments

General Elections and the Market

Impact of General Elections on the Market General Elections in India are due to take place between April 11th and May 19th, 2019 to constitute the 17th Lok Sabha. If history is an accurate guide, then this is an appropriate…

General, Investments

Simply Save Feature

What is Simply Save? Simply Save is a great way to save your unused cash. With Simply Save you can make a saving of as little as Rs. 100 and get better returns than other Savings Accounts. Simply Save lets…

General

Indian Financial System Code (IFSC)

Indian Financial System Code (IFSC) The IFSC is an 11-character alpha-numeric code given by the Reserve Bank of India (RBI) to all the banks and their branches. The first four letters of the alphanumeric represent the bank, the next digit…

General

What is an IPO?

What is an IPO? An Initial Public Offering (IPO) is the first offering of company stocks a private company makes to both institutional investors as well as retail investors. Post-IPO a company is no longer considered a private company and…

General

UIDAI: Developers of India’s Targeted Delivery System

The Unique Identification Authority of India (UIDAI) was established under the provisions of the Aadhaar Act, 2016. Aadhaar is a system for the targeted delivery of financial and other subsidies, benefits and services. Prior to its establishment as a statutory…

General

DEMAT Account

What is a Demat Account? A Demat Account or a Dematerialized Account is an account created to hold stocks in a dematerialized form. The process of converting physical shares to an electronic form is called dematerialization. Electronic settlements of all…

General

SBI Online

State Bank of India (SBI) was established in 1955 after the Reserve Bank of India, under the provisions of the State Bank of India Act, 1955, acquired a majority stake in the Imperial Bank of India. The Imperial Bank of…

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