but watch those dot plots). Also world No.4 economy Japan on Weds (no change expected), then world No.2 China on Thurs (maybe a rate cut? Maybe reserve requirements eased instead?) plus UK's Bank of England (rabbit in headlights
By establishing a foreign bank branch in India, ABC Bank can cater to the needs of Indian customers, access a growing market, and build relationships with local businesses. Additionally, the branch provides a platform for ABC Bank to expand its operations and establish itself as a prominent play...
In India, the MAB requirement for a current account can range from as low as Rs. 5,000 to as high as Rs. 1 lakh or more depending on the bank and the type of account. Some banks may offer a zero-balance current account for certain categories of customers such as startups or small...
Despite containing diverse and dynamic economic activities, a lack of investment in these heritage assets and the benefits they can generate has contributed to sometimes irreversible processes of heritage decay, abandonment, or destruction. Such processes have led to major losses of cultural, physical,...
The central bank tries to maintain adequate liquidity in the banking system. When it feels there is high liquidity, it tries to suck the excess liquidity by selling bonds and vice-versa. E.g., the Reserve Bank of India conducted two open market operations (OMO) purchase auctions of Rs 10...
The bank wants you to verify your business’s profitability, and asks for a copy of your traditional income statement. Not sure what that is? You’re in the right place. Here’s what you need to know about traditional income statements, how to calculate them, and how to use them in ...
In India, the current account deficit was 1.5% of the GDP for the 2021-22 financial year. This was a big improvement compared to its recorded third quarter. The major improvement came from the number of Indians living in other countries as well as software exports. As well, interest payouts...
TheWeighted Average Cost of Capital (WACC)is one of the key inputs in discounted cash flow (DCF) analysis, and is frequently the topic of technical investment banking interviews. The WACC is the rate at which a company’s future cash flows need to be discounted to arrive at a present val...
The GOLD PRICErose Wednesday after the giant GLD gold ETF expanded for a 3rd day running ahead of today's March interest-rate policy statement from US central bank the Federal Reserve. Trading at $2163, £1703 and €1995 per Troy ounce, gold bullion prices neared 1-week highs in Dollar...
What would be the advantages and disadvantages of FDI (Foreign Direct Investment) in Saudi Arabia? Explain taking the example of the petroleum sector. Foreign direct investment: Foreign direct investment (FDI) occurs when a corporation...