TPT or third-party transfer is a process by which to transfer funds from your existing bank account to another, within your current bank or in a different bank. For example, if you wish to send money to your s
22. What is NAV in mutual funds? Ans. NAV (Net Asset Value) is the per-unit price of a mutual fund, calculated as the total value of the fund’s assets minus liabilities, divided by the number of outstanding units. 23. What is the total expense ratio? Ans. The total expense ratio...
A prepaid card is a payment card preloaded with a specific amount of money, enabling you to make purchases, withdraw cash, or pay bills. Similar to a gift or debit card and othertypes of payment methods, it allows you to use the funds for transactions until the balance is depleted. Exam...
The Fed’s dot plot is a chart that records each Fed official’s projection for the central bank’s key short-term interest rate. The dot plot is updated every three months and is meant to provide insight into the Fed’s future rate decisions, with the caveat that Fed officials can’...
Axis Bank Miles & More World Credit Card Now that we have understood the co-branded cards with examples, let’s know how they offer customised rewards and discounts. Does Co-branded Cards = Rewards? Rewards and benefits are the real heroes of co-branded credit cards. There is no co-brande...
Fund of funds is a Mutual Fund which utilises its pool of resources to invest in various other kinds of mutual funds available in the market. Read more about it at Kotak Securities.
In the ETR XY chart above, you can see Microsoft Power Automate in the upper right and a number of other firms such as UiPath Inc., which is positioning for agentic with agent management frameworks and strong process knowledge. Others on this chart are positioning for agentic AI as well and...
What is 'Entrepreneur' EntrepreneurWith the pursuit of self-fulfilment, the need for independence, the technology boom and changing mindsets, the World Bank's entrepreneurship Survey and Database records a booming growth in entrepreneurs. Several startups are getting built in different sectors, and ...
We use the number of analysts as a proxy for information asymmetry. The gap between AP and RP is defined by standardizing both variables using z-transformation and calculating their difference (Diff-AP-to-RP). However, we also account for the contextual differences in analyst coverage of ...
Key CEO quote on banks: “We have seen a number of banks pulling back from auto lending, which is kind of a hallmark of banks through difficult markets, and that’s created a bit of a pricing opportunity for us, as well as improvement in share – financing share for us.”– Marion ...