PERSONAL FINANCE


Moneylife Digital Team 04 August 2022
The Pension Fund Regulatory and Development Authority (PFRDA) has decided to stop accepting payment of subscriptions/contributions by using credit cards as a mode of payment in the National Pension System (NPS) Tier-II account. The regulator has instructed all points of presence (PoPs) to...

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Sponsored Post 04 August 2022
With how easy it is to check your credit score online, maintaining a healthy profile is much easier. In just a few clicks, you can know your CIBIL score information without harming your score. However, certain financial undertakings do impact your score negatively. For instance, defaulting on...

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If there is one problem that is common to the whole world, it is that the number of listeners is dwindling. Most of us rush to comment, voice an opinion and criticise. Few have the patience to wait and listen. And this applies particularly to newcomers in corporate organisations.    A...

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Moneylife Digital Team 28 July 2022
Newly set up Financial Services Institutions Bureau (FSIB) has recommended the names of Neerja Kapur and Girija Subramanian as chairman-cum-managing directors (CMDs) of The New India Assurance Co Ltd (NIACL) and Agriculture Insurance Company of India Ltd (AICIL).    FSIB, the...

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Moneylife Digital Team 27 July 2022
The amount of unclaimed deposits is on the rise despite repeated public awareness campaigns undertaken by the Reserve Bank of India (RBI) and the banks.   RBI is now encouraging people who have not claimed their deposits to reach out to the respective banks for such deposits....

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I am sure you have heard of Mr AK. He is famous, or should I say, infamous. He left a huge packet of bad debts with banks in India and absconded to the UK, where he continues to live in his normal billionaire style, while fending off extradition attempts by the government of...

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Over 58,000 employees in the public sector general insurance companies will go on a two-day strike on 27-28 July to highlight their woes of wage revision and lack of Central government support to the industry, top leaders said here on Thursday.   The employees and officers belong to...

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Moneylife Digital Team 16 July 2022
LIC Arogya Rakshak is a benefit-based non-linked and non-participating health insurance plan launched by the Life Insurance Corporation of India (LIC) in July 2021. It is an improved version of LIC Jeevan Arogya Plan which has been withdrawn. LIC Arogya Rakshak is not a comprehensive medical...

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Many people want to be leaders; very few want to be, and continue to be, followers. But there is a great need to have a few leaders and to have many good followers. There are many books written, and training sessions held, on leadership. A training session on followership is a...

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Moneylife Digital Team 08 July 2022
The age between 18 years and 40 years is considered the most productive in anyone's life. It is in this phase of life that the solid foundation of success is laid. While individuals are busy working their way up on the ladder of success, it is also important to protect the health and...

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Sponsored Post 06 July 2022
The path of an entrepreneur is complex. One of the many decisions an entrepreneur must make is how to fund their business. Managing finances is a huge responsibility, especially with a surge in interest rates. Whether you are beginning a new business or expanding an existing one, having...

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As I keep reading the reports on K in every newspaper, wondering which political party in India he will now help, I also keep thinking about how luck helps many of us, good luck and, sometimes, bad. It is one of those things.    In the rough and tumble of corporate life, many things...

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Moneylife Digital Team 02 July 2022
Although health insurance options for senior citizens have increased over the past few years, there is always a trade-off between premium affordability and benefits. Navigating through the maze of health insurance products for senior citizens is not easy. You can trip up on several...

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Sponsored Post 28 June 2022
Home loan planning does not just end at finding the right home loan lender who can meet all your financing needs adequately – it also means that you do all that you can to improve your chances of getting a home loan deal that is competitive and compliments your financial standing and needs....

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A few months after taking charge of credit for Pakistan, I was told to tour Pakistan in order to get a first-hand feel of the country.   This was in the mid-1990s when relations between India and Pakistan were not quite cordial but not openly hostile either. Being an Indian, I was...

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The absence of full-time Chairman and Managing Director for the listed New India Assurance Company and full-time Directors for all the public sector non-life insurers, failure of IRDAI in curbing the unethical market practices of private players, are some of the issues affecting the...

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The ability to be discreet, to build trust in yourself and, through you, in the organisation; to keep your word and, therefore, to build credibility - can make big demands on a manager. Is it possible always, to be honest? Is there sufficient room for grey areas—through which one can...

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India's insurance regulator is in reform mode with a series of industry-friendly measures, hoping that it would result in more people buying insurance protection.   Happy with the winds of change, the sector wants more relaxation.   The Insurance Regulatory and Development...

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As the battered ed-tech platforms enter the physical tuition centre space, knives are out and the traditional coaching institutes have threatened their teachers leaving the institutes.   As schools and colleges reopen, leading ed-tech platforms like Unacademy, BYJU's, Vedantu and the...

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Moneylife Digital Team 13 June 2022
Taking any type of loan involves a huge financial responsibility. This is especially true in case of home loans and loans for education abroad which involve taking on a huge debt. SBI Life - RiNn Raksha is a group credit life insurance plan offered by SBI Life Insurance Company Limited (SBI...

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