FOREX

  • US Dollar 1 Buying 106.40 Selling 107.00
  • Great Brt. Pound 1 Buying 129.93 Selling 131.55
  • Euro 1 Buying 116.23 Selling 117.68
  • Australian Dollar 1 Buying 81.27 Selling 82.28
  • Canadian Dollar 1 Buying 80.78 Selling 81.79
  • Japanese Yen 10 Buying 10.18 Selling 10.31
  • Singapore Dollar 1 Buying 76.17 Selling 77.12
  • Swiss Franc 1 Buying 106.46 Selling 107.79
  • Chinese Yuan * 1 Buying 15.51 Selling 15.70
  • Indian Rupees 1 Buying 1.60 Selling 1.60
  • Qatari Riyal 1 Buying 28.67 Selling 29.02
  • Saudi Arabian Riyal 1 Buying 27.84 Selling 28.19
  • Thai Baht 1 Buying 3.04 Selling 3.08
  • Malaysian Ringgit 1 Buying 24.96 Selling 25.27
  • UnitedArabEmirates 1 Buying 28.42 Selling 28.78
  • South Korean Won 100 Buying 9.47 Selling 9.59
  • Danish Kroners 1 Buying 15.48 Selling 15.67
  • Hong Kong Dollars 1 Buying 13.54 Selling 13.71
  • Swedish Kroner 1 Buying 11.91 Selling 12.06
  • Kuwati Dinar 1 Buying 344.56 Selling 348.87
  • Bahrain Dinar 1 Buying 275.66 Selling 279.11

As per Oct 19, 2016 | View All »

Loan Against Shares

The capital of a Private or Public Limited Companies are divided into shares. Shares can be categorised mainly into two types – Ordinary and Preference Shares.  Ordinary share generally carry no fixed rate of dividend unless deferred ordinary shares are issued, but receive a dividend dependent on the amount of net profit earned by the company. Preference shares generally carry a fixed rate of dividend which however is payable before payment of the dividend on the ordinary shares. The holding of shares are  presented by share documents, which is issued under the official seal of the company, showing ownership of share(s) in that Company. Bank may provide loan against lien/preclude of these share certificates of various companies approved by Head Office from time to time listed in the Stock Exchange.