Category: BFSI

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A closure of door for banks for using their own FDRs as collateral

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In exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities, market regulator SEBI has come out with another set of instructions vide circular dated 15.07.2016(SEBI Circular on FDR’s – PDF) to strengthen its risk management mechanism. After implementation […]

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BITCOIN- A Digital Currency

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Bitcoin is a form of digital currency, created and held electronically. It is an electronic Cash System and a peer to peer digital system of payments and transactions take place between users directly, without an intermediary.  It can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or naira, which […]

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