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Financial Terms

FDI

This type of investment can be beneficial for both the investing country and the receiving country. FDI can bring new technology, create jobs, and stimulate economic growth.

Foreign Direct Investment (FDI) refers to the investment made by a company or individual from one country into the business ventures of another country. It is a form of cross-border investment that has the potential to bring about positive changes for both the investing and receiving countries. By injecting new technology, generating employment opportunities, and stimulating economic growth, FDI can be a powerful tool for promoting global trade and development.

Authority Bond

These bonds are considered low-risk investments because they are backed by the issuing authority's ability to generate revenue or tax income. They typically have longer maturi...

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Mutual Fund Service System (MFSS)

The National Stock Exchange (NSE) offers a convenient online system known as Mutual Fund Service System (MFSS). This system is utilized by members to submit redemption or su...

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H-Shares

H-Shares refer to shares of companies from mainland China that have been listed on the Hong Kong Stock Exchange. This is part of the Chinese government's efforts to open up ...

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Nostro Account

This account allows the bank to make international transactions and facilitates foreign exchange operations. A Nostro Account, also referred to as a correspondent account, i...

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