Complaints Against Credit Cards On The Rise In FY11: RBI
According to the annual report of the banking ombudsman released by the Reserve Bank of India (RBI) on Friday 24th
Read moreFinancial Planning
Banks Concern Good Credit Score for Lending Loans
Banks are getting more cautious about lending loans to the customers. It is observed that banks are picking customers in
Read moreBudget 2012: Reduction in Lock-In Period for Bank FDs Soon
The Finance Minister has agreed to consider the proposal for reduction of lock-in-period for banks’ fixed deposits to 3 years
Read moreIRDA Plans to Develop Electronic Re-Insurance Platform
With a view to improving transparency in re-insurance, IRDA on Tuesday 21st February, planned to introduce an electronic re-insurance platform
Read moreAadhaar Enabled E-Payment System Soon In India
On Thursday 23rd February, The Chairman of Unique Identity Authority of India, recommended setting up a network of 1 million
Read moreBuyer’s Guide – Medical Insurance
Many people in India don’t realise the need for buying medical insurance until and unless they meet with an accident
Read moreDirect Equity Investing vs. Investing in Equity Schemes
Many people prefer investing directly into equity markets by buying shares as against giving the money for mutual funds to
Read moreHow to Choose an Equity Mutual Fund Scheme?
After you decide your amount of money to be invested in equities, how do you decide which specific scheme is
Read moreBudget 2012: Reduction in Lock-In Period for Bank FDs Soon
The Finance Minister has agreed to consider the proposal for reduction of lock-in-period for banks’ fixed deposits to 3 years
Read moreForeign Bank Deposits Likely To Come Under Wealth Tax: Budget 2012
On 21st February, The Finance Ministry, decided to include foreign bank deposits under taxable assets in wealth tax, in the
Read moreBanks Cut Interest Rates on Education and Home Loans
The country’s largest lender, State Bank of India (SBI) has decided to cut interest rates on education loans by up
Read morePlanning to Purchase Insurance? – Do it Sensibly
In today’s world, insurance is an essential product everyone should purchase. It helps us take care of our financial needs
Read moreDebit Cards Used in Different Countries
Debit cards find usage in numerous financial transactions – be it purchasing goods or paying utility bills. The convenience of
Read moreWhite Label ATMs Soon In India: RBI
The Reserve Bank of India (RBI) on Tuesday 14th February, issued draft norms for permitting non-banking institutions to set up,
Read moreEPFO May Fix Minimum Guaranteed Pension at Rs.1000
Retirement Fund body EPFO (Employment Provident Fund Organization) is likely to fix the minimum pension at Rs.1,000 per month for
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