What is a Statutory Liquidity Ratio or SLR?Statutory Liquidity Ratio (SLR) is the essential reserves requirement expected from banks before giving customers credits. It is a minimum percentage that commercial banks have to adhere to in terms of cash, gold, or security. The Reserve Bank of India (RBI) does
IntroductionIf you are a salaried employee, you must have come across the term "salary arrears" in your career. But, what exactly does payment in arrears mean? It's a bit of accounting jargon that everyone should know but is often misunderstood. Let's break it down and look at what the term
Wondering what is liquidity ratio? Simply put, it is a metric that helps understand a company’s ability to pay off short-term debt. It is helpful to estimate whether a company’s current assets can cover its liabilities. It is largely used by banks and other financial institutions to determine
Wondering what is TDS on salary? To understand this, you need to know how it is computed, when it is deducted, and how you can reduce your tax liability.
If you are a working professional, you may have earned promotions and saved a lot of money over the years too. Now, it is time to start thinking of investing all the extra cash. And while you mull over your options, include this important aspect of investing while conducting your
Quite often, you may have heard people say, “Oh, I have liquidity problems right now. I cannot really buy this house.” If you are wondering what they mean by this, let us help you understand. Read on! What is liquidity?Simply put, liquidity is the ease with which an asset
Wouldn’t it be wonderful to just relax and sip some juice at the beach and make money while you are at it? Seems too good to be true, doesn’t it? Well, hundreds of thousands of people do it every day. Curious to know more? Read on! What is
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