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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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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Today's Stock Market

Reason Behind Today’s Stock Market Decline After RBI’s Statement

Today’s Stock Market: The Indian stock market saw intense selling pressure on Thursday following the Reserve Bank of India’s (RBI) announcement to maintain key rates unchanged following the monetary policy meeting.During trading on Thursday, the Nifty 50 index dropped by 1%, reached an intraday low of 21,709, and gained close to 225 points.The BSE Sensex…

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RBI Banned Paytm

RBI Takes Action Against Paytm | Cause And Effects On Your Money

The Reserve Bank of India (RBI) severely damaged Paytm Payments Bank’s business on Wednesday, January 31, by forbidding the company from providing any of its essential services, such as wallets and accounts, starting in March. Though the action severely restricts the company’s operations, it is not officially a cancellation of Paytm Payments Bank’s license. The…

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