Finance
India is a rising economic power. Individual incomes are increasing, stock markets are booming, foreign investors are coming, loans are easily available and there is optimism all around. Apart from traditional saving instruments such as banks and post offices, more and more people are now investing in capital market and mutual funds.
In view of this, we have come up with a comprehensive finance guide for India, which covers all the sectors of finance, such as banks, post offices, stock markets, mutual funds, loans, insurance and lot more.
India has a well developed banking system. Most of the banks in India were founded by Indian entrepreneurs and visionaries in the pre-independence era to provide financial assistance to traders, agriculturists and budding Indian industrialists. Indian banks have played a significant role in the development of Indian economy by inculcating the habit of saving in Indians and by lending finance to Indian industry.Indian banks can be broadly classified into nationalised banks/public sector banks, private banks and foreign banks.
Bombay Stock Exchange Limited is the oldest stock exchange in Asia. Popularly known as BSE it was established as "The Native Share & Stock Brokers Association" in 1875.
It is the first stock exchange in India to obtain permanent recognition in 1956 from the Government of India under the Securities Contracts (Regulation) Act, 1956.
One of the reasons for boom in Indian economy is that now a days loans are easily available and the rate of interests at which they are available are very reasonable. Banks are giving loan for and loan against any and every thing. Government too is encouraging people to take loans for certain purposes. For example, government is encouraging people to take housing loans by giving tax concessions.
In view of the deluge of loans that are available in the market today, we have come up with useful information about variety of loans that are available in India. These include:
Home Loans India
Auto Loans India
Business Loans India
Education Loans India
Marriage Loans India
Personal Loans India
Loans against home
Loans against auto
Loans against shares
Mutual Fund is an instrument of investing money. Nowadays, bank rates have fallen down and are generally below the inflation rate. Therefore, keeping large amounts of money in bank is not a wise option, as in real terms the value of money decreases over a period of time.
ons is to invest the money in stock market. But a common investor is not informed and competent e
One of the optinough to understand the intricacies of stock market. This is where mutual funds come to the rescue.
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