A partnership arrangement between a bank and an insurance company where the bank distributes insurance products to its customers through its branch network and digital platforms. Allows insurance companies to reach a wider customer base while giving banks an additional revenue stream through commissions.
A legal right held by a bank over a customer's asset — typically a fixed deposit — as security against a loan or credit facility. If the borrower defaults
A prolonged period of falling stock prices
An income tax return filed after the original due date but before 31 December of the assessment year. A belated return attracts a late fee of ₹1
A measure of a stock or fund's volatility relative to the broader market. A beta of 1 means the asset moves in line with the market. Above 1 means it is more volatile; below 1 means it is less volatile. A beta of 1.5 implies the stock moves 1.5x in the direction of the market.
Certain categories of input tax credit that are specifically disallowed under Section 17(5) of the CGST Act
Additional shares issued by a company to existing shareholders free of cost
The net value of a company's assets minus its liabilities as recorded in the balance sheet
A prolonged period of rising stock prices
A corporate action where a company repurchases its own shares from the open market or from shareholders at a premium to the prevailing market price. Reduces the number of outstanding shares