A Permanent Account Number (PAN) is essential for financial transactions in India, including opening bank accounts, investing in mutual funds, and filing taxes. Even minors can apply for a PAN card, ...

Today, the stock exchanges have shifted to digital trading where the shares are purchased through online trading platforms. Furthermore, these shares are held in a dematerialised format in a Demat ...

The RBI introduced binding exposure ceilings for Local Area Banks to prevent excessive borrower and sectoral concentration. The Directions strengthen balance-sheet resilience through clear caps and ...

Both NSDL and CDSL are depositories that maintain ownership records of financial securities. They are linked with investors through Depository Participants (DPs), also called stockbrokers. A DP is a ...

The bulk of the unlocking comes from National Securities Depository (NSDL), where 7.5 million shares equivalent to 4 per cent of its outstanding equity A total of 19.2 million shares across three ...

Application Writing is the process of drafting a formal request to someone in an authoritative position to seek permission, ask for something, or apply for a post. An application is written in the ...