What is a Sub-broker Agreement?

When starting any partnership, a legal agreement is crucial. For a broking house and a sub-broker, a sub-broker agreement is especially important. But what exactly is a sub-broker agreement, and what clauses does it typically include? Let’s explore this in detail. What is a Sub-broker Agreement? A sub-broker agreement is a legal contract that outlines…

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Financial Inclusion

What is Financial Inclusion?

Financial inclusion is more than just a buzzword; it’s a vital aspect of economic development and social equity. But what exactly does it mean? In simple terms, financial inclusion refers to ensuring that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit,…

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TATA Groups Stocks

BackBack Tata Motors share price tanks 9% after Q4 results 2024. Opportunity to buy?

Today in the stock market, Tata Motors faced significant selling pressure following the announcement of its Q4 results for 2024 last Friday. The company’s shares opened lower at ₹1,005 each on the National Stock Exchange (NSE), quickly plummeting to an intraday low of ₹947.20 per share shortly after the market opened. This sudden drop amounted…

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Canara Bank

Canara Bank share price target: Will this PSU banking stock rally more after Q4 results?

Canara Bank’s performance for the March quarter met market expectations, with its net interest margin (NIM) showing a slight expansion despite a rise in the cost of funds. This was attributed to the bank’s strategic approach of gradually restructuring its exposure to older, low-yielding corporate assets. By either renewing these assets at current market rates…

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IPO

Aadhar Housing Finance’s IPO begins today: GMP, subscription status, review, and other information. Apply or not?

The Aadhar Housing Finance IPO, backed by Blackstone, commenced its subscription today, May 8, with closure slated for May 10. Priced between ₹300 to ₹315 per share, the IPO aims to raise capital for expansion and strategic initiatives. Notably, it garnered ₹898 crore from anchor investors on May 7, showcasing strong initial interest. Investors can…

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