16 Key Pros and Cons of Hire Purchase in Business
The rate of acceptance on hire purchase agreements is higher than other forms of unsecured borrowing because the lenders have collateral security.
604 guides
Knowledge Hub
Free, plain-English guides on entrepreneurship, marketing, accounting, economics, finance and management, with Indian examples and current data.
7 Main Types of Post Shipment Finance in Exports
Post shipment finance is provided for bridging the gap between the shipment of goods and the realization of export proceeds.
What is Pre-Shipment Finance in Exports? Meaning and Types
Pre-shipment finance (packing credit) explained: what it is, how Indian banks provide it to exporters, and its main types.
12 Forms and Functions of International Banking
International banking services provides retail, commercial, corporate, and trade finance services to clients around the world through branches, agencies, representative offices, subsidiaries, and affiliates.
10 Services Offered by International Banking to Their Customers
10 services offered by international banks: trade finance, foreign exchange, correspondent banking, cash management, remittances, IBAN and SWIFT.
What is Universal Banking – With Pros and Cons
Universal banking explained: one bank offering commercial, investment and insurance services, with its advantages, disadvantages and risks.
Travellers Cheque: 8 Key Features with Pros and Cons
Travellers cheques explained: 8 key features, advantages and disadvantages, and why prepaid forex cards and cards have largely replaced them today.
13 Different Services Rendered by Merchant Bankers
Merchant banks are the financial institutions providing specialist services which generally include the acceptance of bills of exchange, corporate finance, portfolio management, and other banking services.
Derivatives: Meaning, Functions, Types, Pros and Cons
Derivatives are instruments whose value is derived from one or more underlying financial asset. The underlying instrument could be financial security, a securities index, or some combination of securities, indexes, and commodities.
8 Key Importance of Physical Distribution (Explained)
Physical distribution is a part of marketing that is not visible to most consumers. It only gets their attention when something goes wrong. But performing at the time, it keeps consumers happy.