Bitcoins Bitcoins are a form of “e-money” which is made of complex code created with the help of computer. Process of creating Bitcoin is called mining and it can be carried out by anyone with the help of a computer. Bitcoin is free from central bank intervention and is a promising form of electronic cash. […]

The Finance Minister’s take on NPAs It seems the year 2013 will be marked as the golden year in the era for the non performing assets. During the recent quarterly review meeting with the banking officials, Finance Minister P Chidambram clearly mentioned his intention that Rich promoters of sick companies will not be tolerated any […]

Falling Portfolio Value of Gold Following are the 10 facts which give a better understanding of falling portfolio value indicating the story of gold which is not yet over. 1) We don’t own enough yellow metal Well it might seem shocking to you looking at the numbers of import and price of gold. However the […]

BASEL II BASEL II is a new capital adequacy framework designed by the BASEL Committee of Banking Supervision. It is mandated for all the scheduled commercial banks in India by the apex bank, Reserve Bank of India (RBI) to safeguard the banks from going bankrupt and to help them maintain adequate liquidity. BASEL Capital Accord […]

The Reserve Bank of India in its recent monetary policy review has announced a rate cut by 25 basis points. The benchmark interest rate has been reduced from 7.75% to current 7.5%. A similar move that was seen in January by RBI was seen this time too, when the bank made the rate cut announcement. […]

Complex Financial Products World’s most successful investor billionaire Warren Buffet, in the year 2002 in his letters to shareholders said- “Highly complex financial instruments are time bombs and financial weapons of mass destruction that could harm not only their buyers and sellers, but the whole economic system” If we talk about the derivatives market we […]