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KYC full form is Know Your Customer. It is a process that helps the financial institutions to verify the identities of their customers. It helps to ensure the customers are genuine and prevents illici ....
ESIC’s full form is Employees’ State Insurance Corporation. It is a statutory body under the Ministry of Labour and Employment, Government of India. It administers the famous Employees&rsq ....
A venture capital fund is an investment fund that pools money from various investors, like high-net-worth individuals (HNIs) or institutions, to invest in startups and companies at the nascent stage, ....
ICMAI full form is Institute of Cost Accountants of India. It was formerly known as the Institute of Cost & Works Accountants of India (ICWAI). ICMAI is responsible for regulating the Cost and Man ....
A payment gateway is a digital payment service that facilitates online payments by acting as a secure channel between a customer's bank and a merchant's account. To collect payments digitally, using a p ....
A Stock Broker Firm is a business engaged in providing stock brokerage services to individuals and business entities. It acts as an intermediary to facilitate buying and selling of securities on behal ....
As the name suggests, a Currency Exchange Business is a type of business that essentially provides currency exchange services. It is also known as a foreign exchange business and forex business. To st ....
APR full form is Annual Percentage Rate. It is a commonly used term in the financial world. It represents the total yearly cost of borrowing money via credit card or loan. Check out this article to kn ....
A Housing Finance Company is a type of Non-Banking Financial Company (NBFC). It is a specialized financial institution that mainly focuses on providing loans for housing needs. Housing-finance compani ....
NBFC stands for Non Banking Financial Company. It is a type of business entity that provides banking-related services without holding a traditional banking license. Instead, it holds an NBFC license i ....
