The financial sector provides six major functions that are important at the firm level and at the level of the economy as a whole. 1. Providing payment services. Carrying enough cash with you to pay for purchased goods and services is inconvenient, inefficient and risky. Financial institutions provide an efficient alternative. The most obvious examples … Read more
Here are some quick frequently asked questions for the first time mutual fund investor. How much should I invest? First identify your goals; This will help you decide the amount to invest to achieve each goal. Should I invest in equity or debt schemes? It mainly depends on your investment objective, investment tenure and risk … Read more
Nowadays, you can get loans from banks and private lenders. However, when you apply for the loan, you need to follow some important points which can help you compare short term loans. Given below are 8 factors that should be considered while comparing loans. loan type First of all, you need to consider what type … Read more