According to stats, US banks spend $80 billion annually on compliance and risk management. This figure is estimated to reach $119 billion by 2020. Despite these figures, companies annually pay more than $160 billion in fines for non-compliance with internal established by associations, which include banks or external established byContinue Reading

Liquid Funds

Liquid funds are open-ended debt mutual fund schemes that invest in short-term securities such as treasury bills, certificates of deposit, commercial papers, and fixed deposits for companies. Such funds invest in securities in the money market with a residual maturity of less than or equal to 91 days. It helpsContinue Reading