Starting and growing an entity in India is an exciting journey filled with exciting possibilities and obstacles. Choosing the right bank and best current account for startups in India is one of the major steps taken when starting up a…
A very integral part of international banking and finance is the concept of Nostro accounts. When it comes to global payments, it makes quite a difference. This comprehensive guide will explain what a Nostro account is, how it works, its…
Reserve Bank of India has made the Liberalised Remittance Scheme, generally called LRS, a facility to make foreign remittances much easier and more accessible to residents in India. In other words, this scheme assists residents in freely transferring money for…
Statutory Liquidity Ratio, in short, SLR is an indispensable tool in the monetary policy armory of central banks among others, especially in countries such as India, wherein it plays a very significant role concerning regulations within the banking sector. …
Every big or small business organization needs an effective and efficient way of processing payments in the present digital economy. Be it brick-and-mortar stores or e-commerce sites, your best merchant service can either make or break your enterprise. The right…
As commerce becomes increasingly digital today, card payments help businesses big and small serve their customers. However, for each transaction, the merchant has to bear a certain fee, better known as the Merchant Discount Rate or MDR. It thus…
In today's interdependent world, advantages vary for both individuals and companies. Though many people consider offshore banking to be for the ultra-rich, today it has become more available for a greater number of people. This aids in maintaining or growing…
One of the biggest barriers for an entrepreneur in India is to access requisite funding. Fortunately, a line of startup business loans can be availed, which could fire your entrepreneurial dream. In this blog, we look at some of the…
Regional banks are usually financial institutions that operate within certain geographic areas and offer various banking services, from loans and checking and savings accounts to mortgages for individuals and companies. Whereas national banks would operate large-scale across the country, regional…
Wealth management firms assist a lot of people and businesses increase, safeguard, and allocate their assets. The need for expert wealth management firms is rising daily as a result of the rapid expansion of the Indian economy and the need…
