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Videos

FM Says No To 'Merciless' Loan Recovery; Instructs Banks 'No Harsh Steps'

Today, the matter of coercive loan recoveries was raised in parliament. As you know banks & financial institutions deploy all kinds of tricks to recover loans. Banks sometimes even hire burly bouncers as recovery agents, and this muscle for hire is used to threaten people to recover loans. Today, during the question hour the issue was addressed by Finance Minister Nirmala Sitharaman. She said banks have ben instructed to ensure no harsh measures are taken for loan recovery. Watch.

24 Jul 2023
Specials

Want a Printed Airline Boarding Pass? Be Ready to Shell Out $25

All the travel nickel-and-diming tests the patience and pocketbooks of exasperated travelers; ‘I want to have that piece of paper’

4 min read22 May 2023
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Videos

Term Insurance 3 things to know | My Money Matters

Term Insurance 3 things to know

12 Feb 2023
News

38-yr-old man arrested in Delhi for duping people with forged insurance papers

The man disclosed that he had been forging insurance documents since 2010 and has made around 8,000 of those on his laptop, had cheated people of around ₹65 lakhs till dateBeing handicapped, he was unable to find any source of income, hence pretended to be an insurance agent and cheat people

1 min read22 Jul 2020
Brand Post

CIAB picks ExdionPOD as a top Insurtech solution

ExdionPOD is an AI powered comprehensive platform designed to enhance the insurers’ overall efficiency when it comes to policy issuance.

2 min read17 Feb 2020
Technology

'Agent Smith' malware infected 15 million Android devices in India

The malware currently uses its broad access to the devices' resources to show fraudulent ads for financial gainThere has also been a noticeable number of infected devices in the UK, Australia and the US as well

1 min read11 Jul 2019
Insurance

Agents can’t pocket commissions on direct sales: Irdai

A direct sale or purchase doesn’t automatically ensure a commission-free purchase for the customerIrdai advises insurers not to book new or renew the business directly received from customer in the name of the insurance intermediaries

3 min read5 Feb 2019
Money

Is it okay for agent’s family to inherit commission stream?

While hereditary commissions protect agent's interest, the money comes out of your corpus

6 min read17 Oct 2018
Companies

TravelTriangle raises venture debt funding from InnoVen

Online travel startup TravelTriangle will use the funding for expansion and strengthening outbound-based operations, says co-founder Sankalp Agarwal

1 min read17 Oct 2018
Technology

LIC takes deep digital dive for claim processing

Almost all banks and insurance companies have embraced digital services to keep costs low and improve margins. This helps them cut paperwork and maintain data systematically

1 min read31 Aug 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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