What is Model Risk Management, and why its important?

What is Model Risk Management, and why its important?

The financial community has long used models to assess, manage, and price various tasks. As the use of automation and technology increases, statistical techniques become sophisticated, and data sets grow, making mathematical, economic, and statistical tools more central to a financial institution’s operations. In many 

Can We Transfer a Fixed Deposit from a Bank to NBFC? 

Can We Transfer a Fixed Deposit from a Bank to NBFC? 

According to the latest reports, RBI has increased the REPO rate to 4.90% to tame the inflation in the country. This is excellent news for investors planning to invest in a Fixed Deposit (FD) with banks and NBFCs (Non-Banking Financial Companies). Many banks and NBFCs 

Process to Increase CIBIL Score to Be Eligible for Personal Loan

Process to Increase CIBIL Score to Be Eligible for Personal Loan

Many financial issues can be made simpler and less expensive with good credit. If you have good credit, you may be able to obtain the best interest rates and terms and be approved for a mortgage or vehicle loan. A strong credit rating can also 

What Is Investment Banking and What Should You Know?

What Is Investment Banking and What Should You Know?

Investment banking or Investment banks assist in selling securities, underwrite new equity, best investment plans and debt securities for companies, and facilitate acquisitions, mergers, reorganizations, and broker trades for institutional and private investors. Investment banks also underwrite new equity and debt securities for all organizations. 

Why Is Credit Score So Important?

Why Is Credit Score So Important?

Your credit score is a key indicator of your capacity to repay loans to lenders. A credit score is a three-digit numerical representation of your credit history. It is compiled in the Credit Information Report, or CIR, and is based on data gathered from lenders. 

The Best Way To Make Money In HONG KONG COCKTAILS!

The Best Way To Make Money In HONG KONG COCKTAILS!

The world is moving towards a more expensive and/or less accessible reality. With the costs of living, transportation options, and other necessities of life all increasing, it will only be a matter of time before there’s a currency crisis. The world has entered a new 

Why Prices of Health Insurance premiums Are Increasing Day by Day?

Why Prices of Health Insurance premiums Are Increasing Day by Day?

Health insurance plans are important for a number of reasons. First and foremost, they help protect people from the rising cost of health care expenses. It also supports people with the requirements of their specific health needs and provides peace of mind in knowing that they 

Check Your Eligibility for a Two Wheeler Loan

Check Your Eligibility for a Two Wheeler Loan

Two wheelers are frequently chosen because they are less expensive than other vehicles. They also have reduced maintenance costs. Car owners are also spending money on two wheelers because they are easier to operate through traffic. And it is convenient for short-distance commuting in cities.