FINANCIAL RESOLUTION AND DEPOSIT INSURANCE BILL
Family finance: Goyal should link investment to goals, increase insurance cover
Kolkata-based Sandip Goyal's goals include building an emergency corpus, buying a house, saving for the child’s education and wedding, and retirement.
Lok Sabha passes bill to raise chit fund amount by three times
According to the bill, it is proposed to raise the maximum chit amount from Rs...
View: What Bill Gates gets wrong about fossil fuels
Gates’s history makes him peculiarly ill-suited to understand how damaging debt divestmen...
How can I improve my credit score?
It is important to have a good credit score to avail the loans easily from banks. These days banks rely on credit score as one of the criteria to ascertain the interest rate that they will be charging from you, especially in case of home loans.
After forensic audit report, mutual funds plan to go after DHFL promoters
These institutional lenders want Wadhawans, the promoter group, to arrange funds in the light of the findings of the forensic audit conducted by a Big4 firm. The MFs will soon raise the issue in the three-member committee formed by the Reserve Bank of India (RBI) to help the administrator in recovering about Rs 84,000 crore that DHFL owes to the system.
Are independent health insurance covers for seniors unaffordable? Here's what experts say
Health insurance plans for senior citizens have become unaffordable after steep premium hikes. There have been cases of the premium being increased by 400% and those where the premium exceeded coverage limit. Here's what experts have to say on this.
Worried about economic slowdown? Here is your survival kit
The possibility of getting a pink slip is very high during slowdowns, especially if you are employed in one of those vulnerable sectors.
Non-bank lenders engage with DHFL creditors’ panel to find a resolution
Banks have yet to finalise a resolution plan for the mortgage lender.
DHFL crisis: Lenders hope MFs also join resolution plan soon
The company has been facing liquidity issues since last September and yet has paid back Rs 41,000 crore of its financial obligations through a combination of securitization of assets and repayment collections since.
Government mulls new framework to expedite DHFL resolution
Banks have reached an inter-creditor agreement (ICA) to restructure the Rs 1 lakh crore debt of DHFL, but they have not been able to reach an agreement with bondholders, stalling a resolution.
Finance Minister Nirmala Sitharaman introduces Bill in Lok Sabha to cut corporate tax
The Taxation Laws (Amendment) Bill, 2019 will replace the Taxation Laws (Amendment) Ordinance, 2019, promulgated on September 20, 2019, to cut the base corporate tax rate to 22 per cent from 30 per cent. Also, the International Financial Services Centres (IFSCs) Authority Bill, 2019, that provides for creation of a unified financial regulator for IFSCs was introduced.
You could lose a large part of your savings if your bank fails
India is among the countries that offer the lowest protection to depositors in cases of bank failure.
India among top nations with most conducive environment for financial inclusion: Report
India is also among the top countries that safeguard e-money via some sort of deposit insurance or protection. RBI has prepared a draft National Strategy for Financial Inclusion to deepen financial services' coverage in the country. The long-awaited strategy is expected to be finalised in 2019 and will cover a five-year period.
What happens to your deposits if RBI puts PMC Bank like restrictions on your bank?
Bank customers have been a worried lot ever since RBI put stringent controls on PMC Bank.
Lesser-known parameters that can push up insurance premiums or lead to cover denial
Understand the lesser-known parameters that can push up insurance premiums or lead to cover denial.
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