SGB
Sovereign Gold Bond. Government securities denominated in grams of gold, issued by RBI. Offer an alternative to holding physical gold with 2.5% annual interest.
Related Terms
80C Deduction
Section 80C of the Income Tax Act allows deductions up to Rs 1.5 lakh per year for investments in EL...
BSE
Bombay Stock Exchange. India's oldest stock exchange, established in 1875, located in Mumbai. Its be...
Brokerage
The commission or fee charged by a broker for executing buy or sell orders. Discount brokers in Indi...
CRR
Cash Reserve Ratio. The percentage of deposits that banks must keep with the RBI as liquid cash. Cha...
Circuit Breaker
A mechanism that temporarily halts trading on a stock or the entire market when prices move beyond s...
Corpus
The total accumulated amount of money in an investment portfolio or fund. In FIRE planning, the targ...