Preeti Kapoor

  Post Office Saving Schemes

  SWIFT CODE SWIFT stands for Society of Worldwide Interbank Financial Telecommunication. For international business, SWIFT codes are a common part of conducting transactions SWIFT code is a business Identification Code assigned to banks by SWIFT, as an easy cross-border payment solution. Swift code is an alpha-numeric code comprising bank code, country code, location code and branch code. Used by banks and financial institutions to identify themselves globally. Mainly used to process international remittances or money transfers. For transferring money within India you need an IFSC code, not a SWIFT code. You need the beneficiary name, bank details, and account number along with a SWIFT code to make a transfer internationally.

  BANK OF BARODA Bank of Baroda reported a steady operating performance. A healthy growth rate. Business growth was strong with loans growing 6% Q-o-Q. Asset quality improved sharply with GNPA and NNPA ratios falling NIM fell 5 bps q-o-q to 3.08%. FIIs holding increased from 7.37 to 9.14 in Q4 and  DIIs holding increased from 14.65 to 15.08. Risk reward looks attractive and valuation is inexpensive. The potential upside of 28% 

 Promoters  A company promoter is a person or a group of persons who come together to set up a business. A person who is engaged in the incorporation of the company. A promoter is the one who forms a company with a given object and sets it going by taking the necessary steps. In India, the promoters are governed by the Companies Act, 2013. Parameters to evaluate a promoter's involvement in small companies- Shareholding - Promoter holding signifies the percentage of shares that are held by the promoters of a company.  If promoters are investing, it shows that he is confident about the company. He behaves in the best interest of the company. INCREASING STAKE BY PROMOTERS IS POSITIVE Remuneration - The salary drawn by the promoter of the company is the key parameter to be looked upon. It becomes important to identify the companies where promoters are gifting themselves sky-high salaries. Dividend  - Dividend reinvesting is a great idea. It means promoters are involved in long-term v

 Battery Swapping Policy Electric Vehicles have witnessed healthy growth as c onsumers are getting affordable eco-friendly transportation along with government incentives. The Indian EV market is still not fully grown. But it is expected to grow at a CAGR of 90% from 2021 to 2030. The market is fast expanding and is predicted to grow in value. 'Niti Aayog' plans to introduce a battery swapping policy, to overcome the lack of public charging infrastructure. Batteries account for approximately 40% of the total cost of an EV. Battery recycling can be seen as the only viable option.  As recycling can reduce the environmental impact as well as the overall cost of batteries. 'GRAVITA INDIA' is one such company that is actively involved in sustainable battery recycling. EV drivers may opt for battery swapping to replace exhausted batery blocks with freshly charged ones at swap stations, under 'Battery Swapping Policy' . This is faster than charging the vehicles. Batt

LIC IPO LIC IPO would be the biggest ever in the history of the Indian stock market. Once listed LIC market valuation would be comparable to top companies like RIL and TCS. The LIC IPO was originally planned to be launched in March. But the Russia-Ukraine crisis has derailed the plans as markets are volatile. The government has time till 20 May to launch LIC IPO. If the government misses the 12 May window, LIC would have to file fresh papers with SEBI. The officials said it would wait for the market to stabilize so that retail investors get confidence to invest in the stock market According to the norm up to 5% of an issue size is reserved for employees. 10% is reserved for policyholders.

 Indian Investors can trade in US stocks Investors in India will be able to trade in US stocks through the NSE International Exchange NSE IFSC).  It is a wholly-owned subsidiary of the National Stock exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks. It is in the form of depository receipts (DRs) For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan, Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Resident investors will have to open a demat account at the IFSC and the stock receipt will be considered foreign assets for filing income tax returns. Short-term capital gains will be taxed at the slab rate.  Long-term capital gain will be taxed at 20 percent with indexation.