NACH

What does it mean? NACH stands for National Automated Clearing House. It is a centralised electronic payment or transaction processing system by the NPCI (National Payments Corporation of India) for banks, governments, and financial institutions to easily manage cumbersome interbank payments, utility bills, SIPs, premiums, donations, credit card bills, dividends or any other recurring payments. […]

National Stock Exchange (NSE)

What is NSE? The National Stock Exchange (NSE) is the country’s largest financial market exchange, located in Mumbai, Maharashtra. It offers investors a platform for trading, settlement and clearing services and was the first stock exchange in India to offer electronic trading facilities. Points to remember The index measuring the performance of stocks traded on […]

Net Profit Margin

What does it mean? The Net profit margin is simply a measure of profitability after sales. It is the amount of revenue left after deducting the expenses spent on sales. It goes by the formula (Net profits ÷ Net sales) x 100 = Net profit margin.  This is made mostly for reporting purposes for standard […]