The Indian Government issues the Reserve Bank of India’s Floating Rate Savings Bonds. The subscription for Floating Rate Savings Bonds 2020 was made available on 01 July 2020. As an investor, you can buy RBI’s Floating Rate Savings Bonds 2020 from private or public sector lenders. However, the interest rate on these bonds is subject…
Author: KredX Editorial Team
The Emerging Role Of Fintech In Building A Digital Economy
India witnessed nearly 3,500 crore digital payments between 2019-20. In fact, the country now seems to have an opportunity to emerge as a digital payments market valued at USD 1 trillion. As a result, the government is putting in consistent efforts to give the much-needed push to India’s fintech market – the world’s fastest-growing technology-backed…
Manage Your Seasonal Demand With Revenue Based Financing
Festive seasons bring greater sales and revenue for almost every consumer-focused business (D2C, B2C, or service providers), regardless of Micro, Small or Medium Enterprises. This, in turn, also leads to the growth of other SMBs, supplying raw materials and services to such businesses. However, it is also when most entrepreneurs struggle to easily avail funds…
How Have Gold Prices Moved In India In The Last 10 Years?
Gold boasts a cultural significance and is often a widely popular choice for investors to hedge against inflation. However, the price of gold fluctuates backed by several factors. Despite fluctuations, the gold price has surged by nearly 900% in the last 10 years. If you take the average annual gold price during this period, 2011…
RBI Brings Hassle-Free Trading In Government Bonds For Retail Investors
On 30 July 2021, Friday, the Reserve Bank of India announced that trading in government bonds will become a more simplified process for retail investors. Soon, they’ll be able to open a Retail Direct Gilt (RDG) account with the Central Bank to buy and sell the securities directly. Furthermore, retail investors can put in bids…
Revenue-Based Financing – The Best Way To Achieve Business Growth
Growth and expansion are indispensable goals of every business owner. Without timely expansion, a business cannot achieve its full potential in terms of production capacity, market share, and earnings. While every entrepreneur acknowledges the importance of growth and expansion, not many are able to implement it on time due to several reasons. Lack of a…
How To Streamline Your Invoice Processing?
Managing accounts payable is an essential part of maintaining a company’s financial health. The mission here is not to merely pay the bills but incorporate a system that ensures accuracy and increases the legitimacy of a business. Invoice processing, for instance, is integral in the proper functioning of the accounts payable department. It ensures smooth…
Take A Look At How To Open a Gilt Account With RBI To Purchase Government Bonds
In July 2021, the RBI introduced a dedicated domain for investors interested in purchasing government bonds. For this, the Central Bank will offer access to its RDG or Retail Direct Gilt account. Read on to find out how you can open a gilt account with RBI. Steps To Open A Gilt Account With RBI Retail…
How Can Effective Vaccination Help Boost The Indian Economy?
COVID-19 has single-handedly brought the global economy to its knees. As economies were beginning to recover from the shock and impact of the 1st wave, the 2nd wave broke out in India. Amidst such a chaotic situation, it is normal for businesses to feel helpless. Many experts are of the opinion that in terms of…