Articles

While investing in a company, it is imperative that you take steps to gauge the financial health and position of the same.

One of the most crucial aspects of running a business is managing the working capital and adequately utilizing funds.

The financial system consists of two different markets, the primary market and the secondary market. Both of these provide different services to investors. While in the primary market, financial securities such as shares and bonds are issued for the first time, the secondary market is a place to trade and resell these securities.

The Reserve Bank of India (RBI) established the KYC norms in 2002. KYC is short for “Know Your Customer” and is a common procedure followed by financial institutions in India to verify and validate customers. 

The share market can be compared to a bustling marketplace, where buyers and sellers come together to trade ownership in companies. Just as vendors in a marketplace offer various goods and products for sale, companies offer shares of their ownership to investors in the share market.

Assets and liabilities are fundamental concepts in accounting and finance. They are both vital components that determine the financial stability of an individual or a company. In layman’s language, assets are anything a firm owns and has value, while liabilities are something the company owes to others.