The RBI opted to maintain status with respect to the monetary policy announced today. The repo rate was kept constant at 7.25% while the CRR was left unchanged at 4%. The SLR was also left u... Read more
ITC profits for the first quarter grew by 3.6% on a year-on-year basis, while revenues dropped by 7% showing tremendous pressure on the company volumes. Apart from slowdown in the cigarette... Read more
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the
money remains in investor's account."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
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