What Is MICR CODE (Magnetic Ink Character…
The magnetic ink bar codes printed on the bottom of the bank’s cheque leaves are known as Magnetic Ink Character Recognition code (MICR), popularly known as MICR code. The technology used in printing the…
The Garbage Truck Story
One day, I hopped into a taxi and took off for the airport. We were driving in the right lane when suddenly, a black car, jumped out of a parking space right in front…
How SEBI’s New Regulations are going to…
Entry loads for all mutual fund schemes were abolished in August 2009 by SEBI. This resulted in lot of Mutual Fund Distributors/Independent Financial Advisers quitting the MF distribution business. After realizing that mutual fund…
Understanding Caps
The Betaal perched over Vikramaditya demanding he be explained the meaning of the Large Cap, Mid Cap and Small Cap. “Explain or else I will smash your head”, said the Betaal. Vikramaditya then spoke…
Why SIP is a Must
Ravi worked in the same organisation for a decade. He wanted stability in his life. He wanted to be in control of himself…
Expensive always isn’t Bad
THE ROAD TO SHIMLA ON A TYPICAL WEEKEND IS JAMMED BY CARS BUMPER TO BUMPER. THE COST OF HOTELS SHOOTS UP. MALL ROAD…
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