ATM or an Automated Teller Machine is an electronic machine installed at various places to help people perform financial or banking transactions themselves, without visiting the bank or without the assistance of a bank representative. Anyone with a credit card or a debit card can access cash at the ATM. Few ATMs allow only cash […]
Insider
As per SEBI (The Securities and Exchange Board of India), an Insider means a any person who, is or was connected with the company and is reasonably expected to have access to unpublished price sensitive information in respect of securities of a company, or has received or has had access to such unpublished price sensitive […]
Insider Trading
Insider trading (or insider dealing) is the trading of shares or securities of a listed company (public company) by someone who has non-public, material and unpublished price sensitive information that can affect the stock price. In India, it is a malpractice that exists in the market. The use of unpublished price sensitive information can impact […]
Shrinkflation
Shrinkflation simply means “Less Quantity in Same Price”. It is a hidden form of inflation. It is a practice of reducing the size of the product (or package downsizing or package shrinking) while maintaining the same price as it was earlier. One of the main reasons of adopting this practice is that the consumers generally […]
KYC (Know Your Customer or Know Your Client)
Know Your Customer: Standards or guidelines used by investment companies or financial services companies to verify the identity, risk profile and financial position of their customers/ clients. It is a legal requirement as per Anti-Money Laundering Laws and can prevent financial fraud by tracking suspicious activities of customer/ client. In India, KYC guidelines are set […]