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Archived Articles about Hardware or Software
Core Banking By: Santhosh Kumar
A core banking system is the software used to support a bank's most common transactions.
Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices.(read entire article)(posted on: 2016-07-05)
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E Commerce By: Santhosh Kumar
E-commerce stands for electronic commerce. Following the trends you are sure of, not lagging behind your competitors and making a headway in the world of technology. With the ever changing trends in the technology world, following and gathering the required tips and trying to implement them, takes your e-commerce to the heights desired by you.(read entire article)(posted on: 2016-07-05)
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What Is Chit Fund? By: Santhosh Kumar
A Chit fund is a kind of savings scheme practiced in India. A chit fund company is a company that manages, conducts, or supervises such a chit fund, as defined in Section of the Chit Funds Act, 1982. According to Section 2(b) of the Chit Fund Act, 1982(read entire article)(posted on: 2016-07-05)
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How Chit Fund It Works? By: Santhosh Kumar
Chit funds operate in different ways, and this may lead to many fraudulent tactics practised by private firms. The basic necessity of conducting a 'Chitty' is a group of needy people called subscribers.(read entire article)(posted on: 2016-07-05)
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Chit Fund Acts By: Santhosh Kumar
Chit funds in India are governed by various state or central laws. Organised chit fund schemes are required to register with the Registrar or Firms, Societies and Chits.(read entire article)(posted on: 2016-07-05)
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General Chit Fund Features By: Santhosh Kumar
The word 'Chit', suggests the origin of Chit Funds. 'Chit' means a written note on a small piece of paper.(read entire article)(posted on: 2016-07-05)
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Chit Fund Working Model By: Santhosh Kumar
n India, if the value of the chit run by a chit fund operator exceeds Rs. 100 and is not registered, it is considered to be an illegal chit fund. Every institutionalized and registered chit fund is safe and sound and offer greatest support to its customers. Before understanding the working model of chit fund, let us know few terminologies which are specifically used in the working of such schemes.(read entire article)(posted on: 2016-07-05)
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Cost And Return On Chits By: Santhosh Kumar
Our examination of the cost and returns on Chits has revealed that the economics of Chits lie in viewing them as savings-cum-borrowing instruments.(read entire article)(posted on: 2016-07-05)
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History Of Chit Funds By: Santhosh Kumar
Chit Funds are indigenous financial institutions unique to South India and predating commercial banks. They have stood the test of time, as evidenced by the growth in the number of chit fund companies in the South.(read entire article)(posted on: 2016-07-05)
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What Are The Sureties To Be Submitted? By: Santhosh Kumar
A member can give sureties depending on the future liability of the chit.(read entire article)(posted on: 2016-07-05)
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