As per the Uniform Commercial Code (UCC), commercial papers are of four kinds - Drafts Cheques Promissory Notes Certificate of Deposits... View Article
Commercial paper is a short-term, unsecured debt instrument with a duration of 1 to 270 days. It is unsecured because it is not usually backed by... View Article
The Uniform Commercial Code identifies four basic kinds of commercial papers, they are- Promissory notes- is a written pledge to pay money. An... View Article
Corporates, primary dealers (PDs) and the All-India Financial Institutions (FIs) are eligible to issue commercial papers. Further readings - ... View Article
The evolution in agricultural loan KCC stands for Kisan Credit Card. Know more about the Kisan Credit Card Scheme (KCC) on the given link.... View Article
The Indian banks introduced the Kisan Credit Card (KCC) scheme in August 1998 to provide term loans for agricultural needs of the farmers. The... View Article
The main purpose of Kisan Card is to mitigate any financial shortcoming experienced by farmers during crop cultivation, harvesting, and... View Article
The Kisan Credit Card scheme is a Government of India scheme which provides farmers with timely access to credit. It was launched in 1998 with... View Article
A Kisan Credit Card (KCC) is a credit delivery mechanism that is aimed at enabling farmers to have quick and timely access to affordable credit.... View Article
The following type of farmers fulfill the eligibility for Kisan Credit Card scheme - All farmers-individuals/Joint borrowers who are owner... View Article
The farmers applying for KCC must reside in the jurisdiction of the given bank. The applicants must be able to pool out a production credit... View Article
The ideal debt to equity ratio is 2:1. This means that at no given point of time should the debt be more than twice the equity because it becomes... View Article
A “bad” interest coverage ratio is any number less than one. It means that the business’s earnings are not sufficiently high enough to serve... View Article
Higher Ratio means solvent - The higher the interest coverage ratio of any firm, the more solvent it is. If an organization, under normal... View Article
A high interest coverage ratio indicates there are enough profits available to service the debt, but it may also mean the company is not using... View Article
The interest coverage ratio is calculated by dividing earnings before interest and taxes (EBIT) by the total amount of interest expense on all of... View Article
Lion-tailed macaques can be spotted in small and severely fragmented rainforests of the Western Ghats in Karnataka, Kerala and Tamil Nadu. Read... View Article
Ecotype is a group of organisms, normally a subdivision of a species, that is adapted to a specific environment. It is sometimes called... View Article
An interface between electric currents moving in metal conductors, used with a receiver or transmitter and radio waves propagating through space... View Article
Waves which travel through air from the transmitting antenna to the receiving antenna are known as the space waves. You can read about LIGO India... View Article