What is the definition of MSMEs?
In the global economic landscape, Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role as engines of growth, innovation, and employment generation. These enterprises, characterized by their relatively...
What are hedge funds and what do they do?
Hedge funds are private investment partnerships that pool capital from accredited investors and employ various strategies to generate returns. Unlike traditional investment funds, hedge funds have greater flexibility in...
What does KYC stand for and why is it important?
In the fast-paced world of finance, there’s a fundamental principle that underpins nearly every transaction: Know Your Customer, commonly referred to as KYC. While it may sound like just...
What happened in the 1992 Scam?
Introduction: In the annals of India’s financial history, the year 1992 stands out as a watershed moment marked by upheaval and scandal. The stock market scam of 1992, also...
What is the Bank Rate and why does it matter?
At its core, the bank rate represents the interest rate at which central banks lend funds to commercial banks within a country’s financial system. It serves as a benchmark...