PERSONAL FINANCE


G Venkatesh 20 July 2012
If you have been laid off, remember it is not the end of the world. Keep your spirits up, look after yourself better and be flexible, suggests G Venkatesh, after talking to several people who had lost their jobs Bobby Mathew, who was working for Gunnebo in Bengaluru, suddenly found...

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Moneylife Digital Team 19 July 2012
Axis Bank will accept 10% amount as margin for home loan from customers of Godrej Properties. The customers can pay rest 10% margin money during thier re-payment schedule Godrej Properties Ltd, the real estate development arm of the Godrej Group said it signed a memorandum of...

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SBI raised interest rates on NRE rupee term deposits for tenors three years and less than five years from 8.75% to 9, on deposits under Rs15 lakh category Mumbai: In its bid to meet the 25% deposit growth target, the country’s largest lender State Bank of India (SBI) has revised its...

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  The presence of insurance web aggregators is a boon to the Indian customers, as they now have access to premiums of insurance policies from multiple companies in one place Mumbai: MyInsuranceClub.com said it has got regulatory approval to compare premiums and features of insurance...

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SBI Life is seeking media support to publicise the one year old SBI Life Flexi Smart variable insurance plan. It seems to be a desperate attempt to entice those who put money in traditional products The PR agency of SBI Life has just sent us an email to help readers understand the one...

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MDT/PTI 16 July 2012
IRDA’s national strategy seeks to create a financially aware and empowered India   Insurance Regulatory and Development Authority (IRDA) has released draft National Strategy for Financial Education on its website irda.gov.in. According to a release from the insurance regulator,...

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MDT/PTI 16 July 2012
Apart from providing death cover under natural circumstances, the plan provides cover against accidental death, a waiver of premium in case of accidental disability and critical illness cover for 12 illnesses with 20% of the basic sum assured prior to the age of 70 years   Mumbai:...

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MDT/PTI 16 July 2012
The HDFC Bank MD and CEO said only a couple of banks have increased their pricing because they were not getting traction on the savings deposits front   Mumbai: Terming the impact of Reserve Bank of India (RBI)'s decision to deregulate savings accounts rates last year as...

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New Delhi: In order to boost the National Pension Scheme (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) has relaxed norms for registration of pension fund managers to ensure greater competition by removing cap on the number of Pension Fund Managers (PFMs), reports...

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Moneylife Digital Team 13 July 2012
Tata Power customers from Mumbai can now pay their bills from anywhere, anytime at their convenience using Itz Cash Card Tata Power said it is offering one more payment facility for its customers from Mumbai through Itz Cash Card.   Tata Power customers can now make their bill...

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While genuine customers are made to run around for opening new accounts, banks continue to encourage dubious accounts knowing fully well that they are used to launder black money A bunch of tech-savvy thieves has been exploiting a design flaw in the working of automated teller machines...

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Insurance is easy to buy but tough to claim, if you are an individual.  Raj Pradhan narrates a real-life story that takes you through the labyrinth of insurance company, broker, TPA and hospital to explain how to make a valid claim and how to avoid going out of pocket The point about...

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Moneylife Digital Team 12 July 2012
New products, regulations, features and options, interpreted from your perspective Aviva Health Secure: Online critical illness plan The Aviva Health Secure Plan provides the policyholder with a lump sum amount on diagnoses of any of the 12 critical illnesses covered by the policy....

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The Swarnajayanti Arogya Bima Yojna provides universal medical insurance to entire population from Goa Panaji: Goa government will rework the universal medical insurance scheme covering its population by raising the ceiling of the benefit to Rs2 lakh from Rs60,000, state Health Minister...

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The Employees Provident Fund Office is more than willing to help with online facilities Nothing can be more depressing than meeting young people who have lost their jobs due to the ongoing slowdown such as airline pilots and seafarers as well as people from the infotech industry. Many of...

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Filing of income tax returns online is very easy and free, especially for salaried people. There is no need to visit sites that charge some money for e-filing your I-T returns   Every year July not only brings heavy downpour but also makes every salaried taxpayer to tighten their belts...

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G Venkatesh 06 July 2012
Why are employee exits often acrimonious? G Venkatesh narrates several real-life stories to drive home the lessons learnt New recruits join an organisation with lot of energy and enthusiasm. But seldom do we have situations where there is an amicable parting of ways between an...

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Maharashtra Chamber of Housing Industry has called for more interest rate concessions for lower middle and economically weaker sections for buying home Mumbai: While welcoming extension of interest subsidy scheme for this year, real estate industry body Maharashtra Chamber of Housing...

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MDT/PTI 05 July 2012
Under the tie-up, people can send money through any agent location of UAE Exchange and Financial Services called Xpress Money to a registered mobile number in India   Mumbai: Private sector lender Axis Bank said it has entered into a tie-up with UAE Exchange and Financial Services to...

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MDT/PTI 05 July 2012
For salaried individuals the fee starts as low as Rs150, inclusive of taxes, which can be paid by the customer through SBI internet banking or debit card, SBI said   New Delhi: State Bank of India (SBI) launched a new service that will facilitate filing Income Tax returns online,...

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