FOREX

  • US Dollar 1 Buying 109.00 Selling 109.60
  • Great Brt. Pound 1 Buying 145.01 Selling 146.82
  • Euro 1 Buying 126.99 Selling 128.58
  • Australian Dollar 1 Buying 82.164 Selling 83.191
  • Canadian Dollar 1 Buying 84.424 Selling 85.479
  • Japanese Yen 10 Buying 9.8965 Selling 10.020
  • Singapore Dollar 1 Buying 80.567 Selling 81.574
  • Swiss Franc 1 Buying 108.61 Selling 109.97
  • Chinese Yuan * 1 Buying 16.736 Selling 16.945
  • Indian Rupees 1 Buying 1.6000 Selling 1.6015
  • Qatari Riyal 1 Buying 29.364 Selling 29.731
  • Saudi Arabian Riyal 1 Buying 28.531 Selling 28.888
  • Thai Baht 1 Buying 3.3840 Selling 3.4263
  • Malaysian Ringgit 1 Buying 26.847 Selling 27.182
  • UnitedArabEmirates 1 Buying 29.117 Selling 29.481
  • South Korean Won 100 Buying 10.096 Selling 10.222
  • Danish Kroners 1 Buying 16.867 Selling 17.078
  • Hong Kong Dollars 1 Buying 13.714 Selling 13.886
  • Swedish Kroner 1 Buying 12.307 Selling 12.460
  • Kuwati Dinar 1 Buying 353.57 Selling 357.99
  • Bahrain Dinar 1 Buying 282.09 Selling 285.61

As per May 24, 2018 | 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.