Venture Capital Definition A venture capital can be defined as a temporary equity or quasi-equity investment in a growth-oriented small or medium business managed by a highly motivated
The bill of exchange can be classified on the basis of Place, Purpose, Documents, Parties, and; Time. Classification of Bills of Exchange 1. On the basis of place,
SEBI Guidelines for Firm Allotment When a firm issues certain percentage of shares to the public, the remaining shares are allotted to different categories of investors. Such an
Financial service is one of the component of the financial system, Lets look at the meaning and its importance. Meaning of financial services Financial service is part of
Bills of exchange is used primarily in International trade, and is a written order by one person to pay another a specific sum on a specific date sometime
Besides agency services, commercial banks perform many general utility services also. Banks render these services not only to their customers but also to the general public. The following
The traditional functions of Reserve Bank of India includes Issue of Currency, Banker to Govt, Bankers Bank, Credit control Measures, lender of lost resort, exchange control, clearing house
Introduction Chit fund concerns are covered under Chit Fund Act. Chit funds are those business concerns which accept from its customers a fixed amount every month for a
In 1970, a comprehensive Act was passed called Banking Companies (Transfer of Undertakings and Acquisition) Act. By this, the taking over of major Scheduled banks became absolute. Another
Origin of CRISIL The need for starting credit rating agencies was felt during the 1980s in India as a number of non banking financial companies were accepting deposits
