Introduction: We live in a country where one or the other day we come across news of dacoity, robbery, trespass, etc. So the matter of concern here is that how can our money remain safe and can get our money back whenever we require that. In the old era, there Read more…
Introduction: Pradhan Mantri Jan Dhan Yojana (PMJDY) is one of the greatest financial related Yojana announce by the Prime Minister on 15th August 2014. This Yojna was announced to help needy individuals. Reasons for Introducing this Scheme Pradhan Mantri Jan Dhan Yojana is a national mission to provide banking services Read more…
Introduction: Human tendency of speed, which is taking money faster than repaying for it. From childhood until now, I have gone through various institutions such as schools & colleges (finance department), banks, gyms, etc usually are speedy in receiving money. But when there is duty associated with them in giving Read more…
Introduction: Wilful default means when there is deliberate on-payment of the loan dues despite having adequate cash flow and sound net worth. Reserve bank of India (RBI) defines wilful default if any of the following events occurs[1]: (a) The unit has defaulted in meeting its payment/repayment obligations to the lender Read more…