Citizens' Issues
Mobile Trading App from HDFC securities

HDFC Securities Ltd has launched trading applications for mobile phones. The service will open up trading opportunities to people on the move and to those who don’t have access to trading portals. The apps will facilitate clients to trade, transact and receive market information anytime, anywhere. The mobile trading apps are available on Android, BlackBerry, Microsoft Window-based phones and...

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SIP Insure: A regulatory miss?

A few months ago, mutual fund companies came up with an innovation: offering insurance plans with mutual funds. Birla Sun Life Mutual Fund and Reliance Mutual Fund had launched a scheme each of this kind. Problems have surfaced now. A mutual fund investor, investing in Reliance Tax Saver Fund (which also provides life cover) via the SIP (systematic investment plan) route, wanting to change the...

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Axis Bank launches ‘Insta Car Loans’

Axis Bank, with BankBazaar.com, has launched ‘Insta Car Loans’, an auto-finance facility that approves instant car loans at 50 designated car dealerships and at designated Axis Bank branches.

The facility offers customers instant in-principle approval for car loans, based on credit checks in real time. The feature also provides car dealers instant approval for their customers without any...

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