FOREX

  • US Dollar 1 Buying 109.30 Selling 109.90
  • Great Britain Pound 1 Buying 144.34 Selling 146.14
  • Euro 1 Buying 123.36 Selling 124.90
  • Australian Dollar 1 Buying 77.329 Selling 78.296
  • Canadian Dollar 1 Buying 81.555 Selling 82.574
  • Japanese Yen 10 Buying 9.7659 Selling 9.8880
  • Singapore Dollar 1 Buying 80.332 Selling 81.336
  • Swiss Franc 1 Buying 108.15 Selling 109.50
  • Chinese Yuan * 1 Buying 15.989 Selling 16.189
  • Indian Rupees 1 Buying 1.6000 Selling 1.6015
  • Qatari Riyal 1 Buying 29.445 Selling 29.813
  • Saudi Arabian Riyal 1 Buying 28.609 Selling 28.967
  • Thai Baht 1 Buying 3.4458 Selling 3.4888
  • Malaysian Ringgit 1 Buying 26.356 Selling 26.685
  • UnitedArabEmirates 1 Buying 29.197 Selling 29.562
  • South Korean Won 100 Buying 9.6666 Selling 9.7874
  • Danish Kroners 1 Buying 16.369 Selling 16.574
  • Hong Kong Dollars 1 Buying 13.748 Selling 13.919
  • Swedish Kroner 1 Buying 11.716 Selling 11.862
  • Kuwati Dinar 1 Buying 352.99 Selling 357.40
  • Bahrain Dinar 1 Buying 283.19 Selling 286.72

As per Mar 19, 2019 | 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.