Praveen Varghese Thomas has Published 2094 Articles

Types of Checking Accounts

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 15:55:31

68 Views

A better way to build a future is by saving well today. But this won’t happen if you keep your hard cash lying idle in your lockers instead of somewhere else, say, a bank, where you can earn some additional money in the form of interest. To harness this situation, ... Read More

Types of E- Wallet

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 15:52:22

118 Views

Introduction The payment system in the banking world has seen a huge transformation over the past few years. The rise in technological advancements gave rise to new financial applications, enabling the processing much smoother and convenient. These digital tools reduced the need for carrying cash to any external locations. ... Read More

Types of Risks in Insurance

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 15:47:16

75 Views

Introduction The level of risk differs for everyone as it depends on various activities conducted by the business or person. So, whether you are an individual or organization, you have to learn about the risks linked to your regular dealings. Since risk is something that’s uncertain, knowing how to encounter ... Read More

What are NFTs?

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 15:44:11

30 Views

Introduction There are numerous talented and artistic minds with crafty skills out there in this world. Woefully, most go unnoticed due to lack of proper talent supporting and monetization platforms. As they say, where there’s a will, there’s a way - the internet has created just that. It helped creators ... Read More

What is a Commercial Loan?

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 15:39:44

31 Views

Introduction Every business need funds for expansion purposes like opening a new facility, or buying high-end machineries, or anything for that matter. The favourable yet a legit source to get funds is from a bank or a financial institution. Fig 1: Commercial Loan This kind of credit lending is ... Read More

Cash Conversion Cycle

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 15:37:36

28 Views

Introduction Proper cash flow is very important for any organization to run its business operations smoothly and efficiently. Big multinational corporations face cash flow problems more often because of multiple reasons like inefficient sales, low profitability, investment in diverse businesses, high debts, etc. No company wants to witness negative ... Read More

MUDRA Loans

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 14:24:03

30 Views

Introduction Small-scale industries contribute a fair share to the country’s GDP. Any investment made in this sector not only augments wealth but also improves employment in the economy. Now, for small industries to go to the next level, they need extra capital in their accounts. These types of ... Read More

Mobile Banking

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 14:21:19

108 Views

Introduction The advent of innovative technologies and the incessant growth of smartphone users has given rise to new opportunities in the banking sector. The traditional banking, initially a popular system, slowly withered from peoples’ sight and got replaced by mobile banking. This new approach enables customers to make ... Read More

Gold Leasing

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 14:17:54

70 Views

Introduction India is considered as one of the largest consumer of gold in the world. As per World Gold Council, India sits at 11th position for having substantial gold reserves. Whether it’s a wedding or a function or any festival, Indians go for gold shopping as a way to ... Read More

Kisan Vikas Patra

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 12-Dec-2023 14:14:57

32 Views

Introduction The most successful investor and financial legend Warren Buffett once said “don’t save what’s left after spending and spend what’s left after saving”. So, to build a secured future, one needs to start saving better. This can happen only when you diversify your funds into different investment and financial ... Read More

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