This article provides notes on over and under insurance. Notes on Over Insurance: In case of over insurance a situation arises where insurance cover has been taken for the value which exceeds the actual cash value of the insured risks. It can be also known as the replacement value. In case of over insurance the insurer companies have to be [...]
This article throws light upon the six important financial markets that operate in India. The financial markets are: 1. Capital Market 2. Stock or Equity Market 3. Commodity Market 4. Derivatives Market 5. Foreign Exchange Market 6. Debt Market. 1. Capital Market: The Capital Market is an integral part of financial system of any country. In case of money market [...]
After reading this article you will learn about:- 1. Meaning of Asset Liability Management (ALM) 2. Tools of ALM 3. Factors. Meaning of Asset Liability Management (ALM): Asset Liability Management in practical terms amounts to management of total balance sheet items, its size and quality. It involves conscious decisions with regard to asset liability structure in order to maximize interest [...]