What is a Current Account? A current account is a kind of deposit account for individuals and organizations that deal…
Accounting is the process of recording, compiling, examining and reporting all financial transactions of an organization. Accounting helps organizations and…
Online Banking, also known as internet banking is the process of availing banking services such as online bill payments, deposits,…
What is an Exchange Rate? An exchange rate is the rate at which one currency is exchanged for another currency.…
A neobank is a kind of digital bank without any branches. Rather than being physically present at a specific location, neobanking is entirely online.
Vendor Management has always been a major pain point for any business that has to deal with multiple suppliers. Maintaining…
What is Cost Accounting Cost accounting is a form of managerial accounting that analyses how much money is being used…
Businesses have financial needs, too. They need to store money, avail loans and manage finances just like individuals. Regular retail banks…
Bank reconciliation refers to the process by which the bank account balance of a business entity is reconciled with the…
Private banks have become more popular since the early 1990s when the Indian government implemented the liberalization, privatization, and globalization…