In your interest.
Online Personal Finance Magazine
No beating about the bush.
Over the past two years of its existence, MoneyLIFE has strongly flagged the issue of brokers asking investors to sign a Power of Attorney (PoA) giving them access to the investors’ depository participant (DP) account. Active investors do sign such a PoA as a matter of convenience and to avoid constantly signing DP instruction slips to meet the T+2 settlement norms. But that is a conscious...
This name conjures the image of a ‘propah’ British bank but, in India, it has followed a strategy of aggressively pushing subprime personal loans and credit cards through pesky but persistent agents. That may be a good business strategy, but Barclays had a lot to learn about doing business in India. An RBI executive director succumbed to an agent’s pester power and filled up a credit card...
The second MoneyLIFE workshop in Mumbai (5 April 2008) on ‘Making a Will’ and ‘Reverse Mortgage’ was, indeed, enlightening and engrossing for the full-house audience. Thank you, MoneyLIFE. There was another item, unrelated to the event, but inserted in the handout folder. It was a sticker for the No Honking campaign by the Mumbai Police. Since MoneyLIFE’s readership comprises a wide section of...