What is a Credit Card?

What is a Credit Card? A credit card is a plastic or metal card issued by financial institutions that allows cardholders to borrow funds to make purchases or withdraw cash up to a certain limit. Cardholders are required to pay back the borrowed amount, typically with interest, over time. Credit cards offer a line of … Read more

What is INSURANCE ?

What is Insurance? Insurance is a financial arrangement in which an individual or organization (policyholder) pays a premium to an insurance company (insurer) to cover specific risks. In case of an event covered by the policy, such as an accident, illness, or property damage, the insurer compensates the insured party, helping to mitigate financial loss. … Read more

Shareholders clamor before Diwali, company is giving Rs 22 per share dividend, 5:1 stock split

On Friday, India’s prominent non-banking finance company, Shriram Finance, announced its results for the second quarter of fiscal year 2025. The company reported a 18.3% rise in post-tax profit, reaching ₹2,071.26 crore for the quarter, compared to ₹1,750.84 crore in the same quarter last year. Additionally, net interest income (NII) grew by 16.37%, totaling ₹5,606.74 … Read more

IPO vs FPO

In the stock market, IPO (Initial Public Offering) and FPO (Follow-on Public Offering) are two primary ways companies raise capital by offering shares to the public. Here’s how they differ: 1. Definition 2. Purpose 3. Types of Shares Issued 4. Impact on Share Price 5. Risk and Investor Profile In essence, an IPO helps a … Read more

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