Monthly Archives: February 2024
For any business, having robust cash flows and optimizing working capital is crucial for smooth operations and growth. However, several businesses struggle with low or negative balances in their current accounts at times, restricting their ability to meet financial obligations and invest for the future. Let’s delve deeper into understanding the key reasons behind the…
What is a current account for you? Ask this, and you will hear different stories. For a business owner, it’s a lifeline for daily transactions. A budding entrepreneur might see it as a distant concept linked to future ambitions. Even a freelancer may see it as a way to handle numerous payments. Each perspective highlights…
In the dynamic landscape of startup entrepreneurship, financial management plays a pivotal role in ensuring sustainable growth and success. One cornerstone of effective financial navigation for startups is the establishment and utilization of a current account. In this blog, we’ll explore the indispensable role a current account plays in helping startups manage their finances efficiently. …
In the world of banking, savings accounts and fixed deposits (FDs) are two common tools used by individuals to manage and grow their money. While both serve distinct purposes, there exists a hybrid option known as an FD-linked savings account that combines the benefits of both. Let’s dive deeper into what savings accounts and fixed…
Life is unpredictable, and unexpected expenses can arise at any moment. Whether it’s a medical emergency, car repairs, or sudden job loss, having a financial safety net in place is crucial for weathering life’s storms. One effective way to prepare for such unforeseen circumstances is by building an emergency fund, and a savings account can…