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Wealth management during crisis

Airtel Payments Bank partners with Bharti AXA General to offer coronavirus insurance policy

Bharti AXA Group Health Assure Policy covering COVID-19 comes with a fixed cover offering 100 per cent sum insured as a lump sum if the policyholder is diagnosed positive or gets quarantined in a govt hospital or military facility/establishment.

SBI EMI deferment does not require OTP sharing

According to the bank, in such a fraud, the SBI customer gets a call asking them to share their OTP to avail of the EMI moratorium.

Don't cut salaries or resort to layoffs: EPFO appeals to employers

New Delhi: Amid the ongoing lockdown imposed to contain the transmission of coronavirus, which has forced companies to halt operations temporarily o

Personal loans are now 28% of total bank credit

Growth in the personal loan segment has been driven by home loans, which also grew 17% year-on-year to Rs 13.3 lakh crore. This surge has increased the share of home loans in overall bank credit to 14.8%.

Balanced Advantage Funds cap losses amid market’s bear run

Balanced Advantage Funds cap losses amid market’s bear run

Analysts said the outlook for equities remain uncertain at least in the next one year. A mix of equity and debt could help reduce sharp swings in re

Insurers keep a social distance from risky Covid covers

Only four of the 29 firms permitted by the Insurance Regulatory and Development Authority of India are marketing such fixed benefit policies and that too on a limited scale, as the new virus’ impact on humans and expenses to treat are completely out of sync with most models that insurers have, said people familiar with the developments.

How Sensex, gold, 10-year G-sec performed during week ending March 31, 2020

Here's a weekly tracker of returns that will keep you updated on how the stock market index, gold prices and 10-year bond yields have performed. This will give investors an idea of how their investments performed over a long period.

EPFO to accept Aadhaar as birth proof online from subscribers

EPFO has instructed field offices to expedite disposal of online requests, enabling PF members in financial distress, to apply online for availing non refundable advance from their provident fund accumulations to tide over the COVID-19 pandemic.

Life insurance policyholders get 30 days more to pay premium

Insurance Regulatory and Developement Authority of India (Irdai) has already provided additional time for payment of renewal premium in case of health insurance policies and motor third party insurance.

Bank of Maharashtra cuts repo linked lending rate by 75 bps

Bank of Maharashtra cuts repo linked lending rate by 75 bps

Many banks have reduced their repo linked lending rates following the Reserve Bank of India's (RBI) recent decision to cut repo rate by 75 basis poi

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