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Simple Interest vs Compound Interest? Definition, Formula, Pros, and Cons Explained

Understanding the difference between Simple and Compound interest is essential when making a financial decision. There are two ways to calculate interest when taking a loan or investing. Simple interest accumulates on the principal balance, whereas compound interest accumulates on the principal balance and the accumulated interest. Today’s blog will explain simple and compound interest […]

5 mins read

What is IEPF? Introduction, Reasons for Transfer, and Process of Claiming Explained

Shares are often bought, but many are never claimed or forgotten about. Money in these situations remains unclaimed for a long time. The Investor Education and Protection Fund (IEPF) was established by the Ministry of Corporate Affairs (MCA) to ensure that these unclaimed shares are transferred to and received by the appropriate individuals. The purpose […]

5 mins read

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