Curious about what a bank really is and how it works? Let’s define a bank and explore its importance in our daily lives. A bank is an organization that takes deposits, grants loans, and provides a range of banking services such as savings accounts and investment options. But what is the meaning of bank beyond …
What is a Bank? Definition, Types, Characteristics and Trends Read More »
Objectives of Taxation: Have you ever considered why we pay taxes and how they shape our economy? Taxation serves purposes beyond merely generating revenue for the government. Taxes are a powerful tool in shaping economic policies, impacting everything from production to income distribution. As Oliver Wendell Holmes Jr. said, “Taxation is the price we pay …
Merchant Bank: What makes a Merchant Bank essential for corporate growth? Merchant banks specialize in offering financial services like fundraising, financial advising, and loans, catering exclusively to large corporations and industries. Known for their expertise in international trade and complex financial transactions, they help businesses with mergers, acquisitions, underwriting, and advisory services. Merchant banking in …
Want to know how finance impacts your business and life? Finance is the management of money, investments, and financial decisions. It includes key activities like saving, borrowing, budgeting, and investing. Here, we’ll provide a simple finance definition and explain how does finance work. You’ll learn about the importance of finance in ensuring business stability and …
Principles of taxation guide fair and effective tax systems. Key principles include equity, certainty, convenience, and efficiency to ensure just revenue collection and economic balance.
Bank Overdraft: Ever thought about how you can keep making transactions even when your account balance is zero? That’s where a bank overdraft comes in. It’s a financial tool that allows you to withdraw more money than you have in your account, up to a set limit. The bank overdraft meaning is simple: it’s an …
Bank Overdraft: Meaning, Features, Types, and Advantages Read More »
PW Skills AI for Finance Masterclass: Curious about how AI is revolutionizing finance? Join PW Skills’ free masterclass on AI for Finance and explore how artificial intelligence in finance is transforming financial planning, analysis, and decision-making. Learn from Kunal Moon, an expert with 10+ years in the BFSI sector, as he guides you through AI’s …
AI for Finance: PW Skills Free MasterClass on 11th January, Apply Now! Read More »
Virtual Banking: Are you curious about how to handle your banking needs without visiting a physical branch? Virtual Banking makes it possible. This modern solution lets you manage your finances online, from opening a virtual bank account to making transactions at your fingertips. Virtual Banking means accessing banking services digitally, offering convenience and security. As …
What is Virtual Banking? How It Works & Benefits Read More »
Sources of Finance: Ever wondered where businesses get the money to grow, launch new products, or expand operations? The answer lies in sources of finance. Whether it’s for daily operations, investments, or long-term growth, businesses need financial backing to stay afloat. Sources of business finance provide the necessary capital, whether through funding sources like debt …
Banking Fraud: Have you ever been curious about how online banking frauds occur and how to protect yourself? With the rise of digital banking, the threat of banking fraud has increased significantly. In India, losses from cyber fraud reached over 1.7 billion Indian rupees in 2024, primarily due to credit card, debit card, and internet …
