Month: June 2020

PENNY STOCKS

Penny stocks are common shares of a small public company that attracts minimal pricing. Companies with lower market capitalization usually offer penny stocks. These are also known as micro-cap stocks, nano-cap stocks, or small-cap stocks. Different countries identify different valuation of penny stocks. In India, penny stocks are usually priced lower than Rs. 10. In …

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Non- Banking Financial Companies (NBFCs)

Non Banking Financial Companies (NBFCs) are institutions or entities that do not possess a banking license but still offer banking services. A Non Banking Financial company is registered under the Companies Act 1956. It is involved in the business of advances and loans, acquisition of shares/bonds. Debentures/stocks/securities issued by a government or local authority. It …

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