Small Finance Banks – What Is It and Why They Are So Popular

Small finance banks, also known as micro finance banks, are an entirely separate class of bank from the big finance banks. They are often considered a ‘mini’ bank in that they offer basic banking services like money transfers, interest rates, etc. While you are looking for small finance bank services, it is important to understand …

Working Capital Management

Working capital management is an easy understandable concept, since it pertains to the expense of living, which is measured in a very personal way and therefore can be easily understood on an individual basis. It is the most basic way to manage a business. Working capital has been a common metric for the effectiveness, liquidity …

What is Money Laundering?

Money laundering is a practice that involves any financial transaction that involves the transfer of funds that was meant to be used for illegal activities. This practice is known as “laundering”. Money laundering has been illegal in many countries including the United States, Canada, and the European Union. Money laundering is the process of hiding …

What Is Finance Simple Words?

What is finance easy words? Finance is defined by Webster’s Dictionary as the art of creating and managing funds. There are many ways that you can use finance in your life. Financial management simply means making decisions on the money that you have at hand. The three main elements of finance are equity (capital), interest, …

Oil Prices Decline After China Economic Data Disappointed

It seems that when the Chinese economic data disappoints, oil prices fall. As the following report from a Bloomberg article says, “Oil Prices Drop As China Economic Data Gains Momentum.” The decline in oil prices is a surprise to most of the observers especially those who rely on the information coming from China and other …