From budgeting missteps and impulse purchases to inadequate contingency planning and much more, nobody is immune to financial faux pas.
Source Financial Express | 29/07/2021
To provide relief to depositors in stressed banks like Punjab and Maharashtra Co-operative (PMC) Bank, Union Cabinet on Wednesday cleared the amendments in Deposit Insurance and Credit Guarantee Corporation Act, 1961, (DICGC Act). Depositors of banks under moratorium the will no longer have to wait for the Reserve Bank of India (RBI) to rescue the bank to access their funds.
Source NEWS 18 | 28/07/2021
Under the amendment, depositors of a bank under moratorium will no longer have to wait to access their money All commercial banks and even branches of foreign banks operating in India will come under the purview of this Act
Source mint | 28/07/2021
It is important to understand whether one should apply for a home loan with a co-applicant or as the sole applicant.
Source Financial Express | 26/07/2021
In view of the exorbitant hospital and medical bills that are being accrued be it due to COVID treatment or any other medical reason, people have started not only opting for health insurance but also choosing the best health protection available.
Source Financial Express | 24/07/2021
Even though an emergency fund of at least 3 months' expenses is a must to deal with a crisis, it might not be possible for everyone to hold up such savings. Under such circumstances, a quick loan comes out to be the only option.
Source Financial Express | 21/07/2021
The Life Insurance Corporation (LIC) of India has introduced a new health insurance plan called Arogya Rakshak, which is a non-linked, non-participating, regular premium, individual health insurance plan.
Source The Economics Times | 21/07/2021
Even in a low interest rate scenario, life insurance products offer benefits that no other financial product does including life cover, additional riders, guaranteed returns, safety net, and tax benefits.
Source Financial Express | 15/07/2021