New Recurring Payment Norms: How will it impact your auto-debits?
Have you recently received any message or an email notification from your bank regarding the new recurring payment rule mandated by the Reserve Bank of India (RBI)? Whatever may be your answer to this question, you are probably not sure what the ...
How to Fulfil Your Fund Requirements with the Help of a Gold Loan?
Gold is the most precious of all metals. In India, gold is considered as a symbol of Lakshmi, the goddess of wealth and prosperity. Hence, gold has a significant value in Indian religious ceremonies and weddings. Moreover, in the last couple of ...
Should the Idea of a ‘Bad Bank’ Encourage You to Invest in Banking & Financial Services Funds?
The Indian banking system is undergoing a big transformation lately. The talks of a bad bank have raised hopes that India might finally come out of the vicious circle of Non-Performing Assets (NPAs). Moreover, the government's objective to make ...
All You Need to Know About Claim Settlement Process of Health Insurance
People usually tend to ignore the claim settlement process while purchasing a health insurance policy. They fail to understand that claim settlement is one of the most important aspects of a health insurance policy. The process of health insurance ...
All You Need to Know About the Newly Launched MF Central Platform
Mutual fund Registrar and Transfer Agents (RTAs), KFintech and CAMS, have collectively launched MFCentral - a common industry-wide mutual fund platform. The platform aims to deliver an integrated, harmonized, and elevated experience to investors ...
Buy Now, Pay Later v/s Credit Cards: Which is better?
Although it has been four decades since the time credit cards were launched in India, they have become the most preferred payment method only in the last decade. As our tendency to purchase on an interest-free period has increased over time, more ...
Flexi Fixed Deposit | Features and Benefits | How does It Work?
The various financial institutions, like banks and Non-Banking Financial Companies (NBFCs), compete with each other to attract new customers in deposits, loans, and third-party products segments. The tough competition in the financial institutions ...
4 Ways to Calculate Coverage of Your Term Life Insurance
Life is full of uncertainty, and you never know what tomorrow will bring for you. If you are the sole breadwinner of the family, at the back of your mind, you have thought about your family's financial security in your absence. Securing your family ...
SEBI Modifies Skin-in-the-game Rule. Are Mutual Fund Houses Happy?
SEBI's skin-in-the-game rule that aims to align the interest of the 'Key employees' of the mutual fund house with the unitholders of its schemes will come into effect from October 01, 2021. As per the rule, Key Employees of the asset management ...
Is Loan Against Property a Good Idea? Here’s What You Need to Know…
When faced with a financial emergency, most people usually think of either redeeming their investments or availing of a loan. While redeeming your investments can save you money on interest payments, it interrupts your long-term financial goals. ...