What is HTM/ held to maturity?

The entire investment portfolio of the banks (including SLR securities and non-SLR securities) are  classified under three categories viz. ‘Held to Maturity’, ‘Available for Sale’ and ‘Held for Trading’. Held-to-maturity securities are debt security investments which the holder has the intention and ability to hold them until specific date of maturity. The investments classified under…

What is a Foreign Currency Convertible Bond?

A foreign currency convertible bond (FCCB) is a special kind of convertible bond issued in a currency different than the issuer’s domestic currency. Multinational companies and governments routinely issue bonds denominated in various currencies to benefit from lower borrowing costs, and also match their currency inflows and outflows. FCCB gives investors an opportunity to convert…

How to buy various types of insurance policies?

(This post explains on various types of insurance policies available in the market like LIfe Insurance policies, Health insurance policies, Property Insurance policies including plant and machinery, boiler, shipping insurance, stock of goods etc. and conditions and clauses to be verified by the buyers  before buying them). For many average insurance policy buyers verifying conditions and…