Investors are advised to strictly adhere to the equity exposures mandated by their broad asset allocation decisions
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In a financial world replete with fine prints and disclaimers, PMVVY surely scores in terms of simplicity: the retired (60-plus) annuitant commits a lump sum of money at the beginning of the plan, and starts receiving an “end of period” annual, bi-annual, quarterly or monthly income for the next 10 years.
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Significantly, the southern states had higher credit outstanding in 1989-90 fiscal, with an outstanding of Rs 29,600 crore, while the western states had a lower Rs 29,000 crore then.
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Stung by the revelation, the lawyer who had sought information under the transparency law has now moved the Competition Commission of India (CCI) alleging "cartelisation" and "anti-competitive practices" by the banks in respect of the locker service.
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MoneyTap has introduced a new product in the FinTech sector that can resolve the problem of borrowing money by introducing India’s first credit line application. Kunal Verma, Co-founder, MoneyTap shares his views about the application and its advantages of borrowing money on the go.
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Life Insurance, really, is a selfless act towards ones dependants. From a goal planning standpoint, purchasing a dedicated term plan to protect that goal is akin to "ensuring that your goal is met, even if you're not around"
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Out of the total remuneration of Rs 10.05 crore in the last financial year, gross salary accounted for little over Rs 9.5 crore.
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The private sector general insurer is targeting a three-fold increase in business in terms of policies to 3 lakh from the current mark of around 1 lakh within the next couple of years.
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