Razorpay

MAY 23, 2023

Regular retail banks provide financial services to individuals but are not equipped to service businesses. Corporate banking provides businesses financial services like account holding, loans, capital, vendor management, and more. This creates the need for a branch of banking optimized for businesses: Corporate Banking.

Retail 52

Retail Corporation Banking Bank 52

Razorpay

JULY 11, 2023

What is a Current Account? A current account is a kind of deposit account for individuals and organizations that deal with a huge number of transactions. The scale of these transactions is too large for a regular savings account. Read more: What is a Current Account? What is RazorpayX?

Accountant 40

Accountant Banking Bank Business 40

MergersCorp M&A International

JANUARY 16, 2024

When it comes to mergers and acquisitions (M&A), meticulous corporate administration can make all the difference in ensuring the success and smooth execution of these complex financial transactions. Therefore, it offers a range of corporate administration services to alleviate these burdens and optimize the M&A process.

Corporation 52

Corporation Mergers and Acquisitions M&A Mergers 52

Wall Street Mojo

JANUARY 17, 2024

Statement of Cash Flows Definition A Statement of Cash Flow is an accounting document that tracks the incoming and outgoing cash and cash equivalents from a business. It helps identify the availability of liquid funds with the organization in a particular accounting period. read more.

Accountant 98

Accountant Finance Finance Profitability 98

Peak Frameworks

MAY 23, 2023

Bookkeepers are the backbone of an organization's financial health, diligently tracking every financial transaction to ensure accuracy and transparency. They play a pivotal role in not just recording but also making sense of the company's financial data. Recording financial transactions.

Financial Transaction 52

Financial Transaction Accountant Business Financial Statement 52

OfficeHours

JUNE 12, 2023

Through a private equity internship, you will be exposed to high-stakes, complex financial transactions and gain valuable experience in investment analysis, deal structuring, and portfolio management. This includes questions related to LBO modeling, multiples valuation, and basic accounting / financial statement analysis.

Private Equity 147

Private Equity Equities Investment Investment Banking 147

Razorpay

SEPTEMBER 22, 2023

The Unified Payments Interface (UPI) is a game-changer technology for digital payments, allowing users to make instant payments, check account balances, and manage multiple bank accounts in a single app. Users are required to enter their unique Mobile Personal Identification Number (MPIN) to validate the transaction.

IT 98

IT Accountant Bank Banking 98

Razorpay

JUNE 8, 2023

Apart from being a safe place to keep money, banks also provide savings accounts that give the account owner interest on their deposit so that the money is not sitting idle. Businesses store money in checking accounts or current accounts. These are special accounts designed for the financial needs of a business.

Banking 52

Banking Bank Accountant Financial Institution 52

Razorpay

FEBRUARY 13, 2024

In India, IMPS and UPI have emerged as widely used electronic funds transfer methods, revolutionising the way people conduct financial transactions. IMPS known for its speed and simplicity, facilitates seamless money transfers between bank accounts. However, it has a transaction limit of up to Rs. What is IMPS ?

Funds 52

Funds Accountant Bank Banking 52

Wall Street Mojo

JANUARY 16, 2024

A reconciliation statement refers to the banking summary prepared by the banks to list down the bank’s account balances and compare the same with their internal records. read more to have parity in the books of accounts of both legal entities. It keeps accounts up to date and helps simplify accounting errors and theft.

Accountant 52

Accountant Bank Banking Financial Modeling 52

Razorpay

NOVEMBER 19, 2024

NACH mandate cancellation is an important process that every account holder should understand. The e-NACH represents the digital version of NACH developed by the National Payments Corporation of India (NPCI). This authorisation allows the automatic debiting of specified amounts from the customer’s bank account on scheduled dates.

Accountant 40

Accountant Bank Banking Electronics 40

Peak Frameworks

SEPTEMBER 12, 2023

A classic case of both accounting fraud and corporate malfeasance, it led to the bankruptcy of the Enron Corporation and the dissolution of Arthur Andersen, one of the five largest audit and accounting partnerships in the world. Think of a finance manager redirecting company funds to their personal account.

Accountant 52

Accountant Finance Finance Investors 52

Peak Frameworks

SEPTEMBER 19, 2023

With numerous currencies and no standardized transaction method, international financial transactions were a logistical nightmare. It operates on the SWIFTNet platform, offering a secure and reliable communication channel for transactions. The two banks then sort out the actual fund transfer behind the scenes.

Banking 52

Banking Bank Finance Finance 52

Razorpay

JULY 27, 2023

Investment banking is a branch of banking that organizes and enables large, complex financial transactions for businesses, like mergers, IPOs or underwriting. Payroll, vendor payments, corporate credit cards, smart dashboards and so much more. What is Investment Banking? You get everything your business needs, all in one place!

Investment Banking 52

Investment Banking Banking Bank Investment 52

Razorpay

OCTOBER 31, 2023

Whether you’re an entrepreneur running a small e-commerce store or a multinational corporation engaging in large-scale global transactions, understanding the intricacies of international payments is essential. Bank Transfers: Funds can be transferred directly between bank accounts in different countries.

Bank 59

Bank Banking Financial Institution Business 59

Razorpay

AUGUST 7, 2024

5 Top Releases by NPCI in GFF 2023 Here are five standout innovations introduced by the National Payments Corporation of India (NPCI) at GFF 2023, each set to transform the digital payments landscape: Hello UPI: Imagine you’re in a busy marketplace and need to make a payment without fiddling with your phone. For amounts up to Rs.500,

Collaboration 52

Collaboration Bank Banking Finance 52

Focus Investment Banking

JANUARY 18, 2024

The role of a senior advisor at FOCUS Investing Banking is to provide strategic advice and guidance to clients on various financial transactions. After the sale, LeVasseur assumed the role of Director of Corporate Development for ABRA, and then Caliber Collision. Mike joined FOCUS as a senior advisor in 2020.

Sale 52

Sale Business M&A IT 52

Razorpay

SEPTEMBER 20, 2024

POS System vs Cash Register: Key Differences A cash register is a simple mechanical device that can only process transactions and print receipts, whereas a point of sale (POS) system is a computerized system with advanced features like financial transactions, inventory management, customer order management, reporting, and analytics.

Sale 40

Sale Management Business Retail 40

Razorpay

JANUARY 27, 2025

It revolves around the concept of pulling funds directly from a payer’s bank account, as authorised by the account holder. ACH debit is a type of electronic payment that allows a business or individual to withdraw funds directly from a payer’s bank account. Here’s a breakdown of how ACH debits work: 1.

IT 40

IT Accountant Financial Institution Electronics 40

Razorpay

JANUARY 21, 2025

Unified Payments Interface (UPI) and UPI Lite are digital payment systems designed to simplify transactions in India. While UPI allows you to send and receive money directly from your bank account, UPI Lite focuses on smaller transactions, enhancing speed and convenience. 1,000 per transaction; 4,000 per day. What is UPI?

Accountant 40

Accountant Bank Banking Transportation 40

Razorpay

DECEMBER 26, 2024

In a significant move towards making digital payments more inclusive, the National Payments Corporation of India (NPCI) launched UPI123 pay in March 2022. To use Pay 123, users first need to link their bank account with their feature phone and set a UPI PIN. Can I link multiple bank accounts on UPI 123PAY?

Accountant 40

Accountant Bank Banking Securities 40

Razorpay

NOVEMBER 10, 2024

The payment settlement is a process in any financial transaction where the issuing bank transfers funds from the cardholder’s account to the acquiring bank through a payment gateway. This is the final step in any financial transaction after authorisation and approval. What is Payment Settlement?

Bank 40

Bank Banking Funds Accountant 40

Razorpay

DECEMBER 27, 2024

Additionally, you need to establish a technical partnership with a sponsor bank, which will be responsible for processing UPI transactions. Once the basic requirements are in place, you can initiate registration through the National Payments Corporation of India (NPCI), which manages UPI.

Bank 40

Bank Banking Securities Financial Institution 40