In 2014-15, financial savings accounted for over 57 per cent of total assets in India, with physical assets making up the balance.
We have all made money mistakes. 4 people talk about their financial follies and what they would tell themselves if they could turn the clock back.
The next time someone from your bank suggests an investment, take a close look at the fine print. There’s a 60% chance the product won’t suit you.
A recent survey shows that one out of three customers is not happy with his/her bank. Many even want to switch to another bank.
Customers need to educate themselves about the code of commitment to bank customers and insist on its implementation, says Mahajan
Despite high awareness levels regarding travel insurance amongst younger travellers, most shy away from buying the cover during their trips abroad.
Zostel, which hosted over 20,000 backpackers last year, received Rs 5 crore funding from Malaysia-based angel investor Presha Paragash in May 2014.
Such policies offer cover against damage to property due to acts of political violence and terror. Companies are also insured for losses due to business.
IRDA has pulled up life insurers for not highlighting the projected rate of return in their traditional product benefit illustrations.
In an increasingly hostile world, it makes sense to seek insurance cover that takes into account possibility of terror strikes and their fallout.
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