Finance

What is a Cross Cheque? A cross cheque is a type of cheque that cannot be directly encashed over the bank counter. Instead, the amount is credited only into the bank account of the payee. You can identify a cross cheque by two parallel lines drawn on the top left corner of the cheque. Unlike […]

“Digital arrest” is a cyber scam where crooks pretend to be police, CBI/ED, TRAI, or bank officials on phone or video calls. They accuse you of a fake crime (like money laundering or SIM misuse), flash forged IDs or “warrants,” and threaten arrest, account freeze, or media exposure unless you follow their orders. The goal […]

Finance teams are moving from manual spreadsheets to AI-assisted systems. Think of AI as an always-on teammate: it reads heaps of documents, flags odd entries, drafts first-cut reports, and answers questions in plain English. The payoff is faster month-end, cleaner compliance, and more time for planning. These tools plug into what you already use: ERPs, […]

Maintaining a monthly budget is the one financial habit that will help you stay on track with your finances. Setting up a budget makes it easier for you to plan expenses, see where your money is going, and easily reach your financial and personal goals. If only an ordinary earner knew how much money he […]

What is an Interest Rate Swap? An interest rate swap (IRS) is a contract where two parties agree to exchange interest payments for a specified principal amount and duration. These derivatives are traded over the counter (OTC) and can be tailored to meet the needs of the parties involved. Key participants in interest rate swaps […]

Are you aware of the smart approach the Unique Identification Authority of India (UIDAI) developed in response to growing concerns around data security? We are discussing The Masked Aadhaar Card, one of the solutions developed by UIDAI in response to fraud and data theft. Let’s look into this in more detail:  What is Masked Aadhaar […]

When it comes to international trade, trust and security are everything. A Letter of Credit (LC) plays a crucial role in building that trust. Issued by a bank, it guarantees that the seller will receive payment as long as the agreed conditions are met—making global transactions smoother and safer. Read ahead to know more in […]

While financial goals give you direction and purpose to build a brighter future, a financial plan is the roadmap towards it. In fact, it is a strategy that defines the goals and steps you should follow to achieve them.  To create one, you need to carefully assess your financial situation, set specific goals and develop strategies […]

Using products like credit cards, instant loans, etc feel like a quick solution for all your money needs. And there are many advantages of using them smartly. But it is a double-edged sword, and if used recklessly, can affect your finances negatively by putting you into a debt trap.  What is a Debt Trap?  Debt […]

8 Finance Goals to secure a better future Goals give you a direction and purpose to move forward with everything you want to achieve. Even when it comes to money.  Financial goals can help you create a roadmap for a brighter financial future. But something that’s more important than setting personal finance goals is setting the […]

Investing your money is a powerful way to increase your wealth and secure financial stability. It is the process of allocating your money in assets with the expectation of gaining profits over a period of time. When it comes to investing in India, you have multiple options like stocks, bonds, mutual funds and SIPs. But […]

The way seatbelts protect you during accidents, an emergency fund protects you during unforeseen times like loss of job, medical emergencies, or unexpected expenses.  What is An Emergency Fund?   An emergency loan is money that you should put aside to cover at least 3-6 months of your monthly living expenses. It’s like a safety […]