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Articles for Banking & Finance

IRDAI Bans Ads That Promote ULIPs As Investment Products. We Had Warned You Before

High commissions, a complex cost structure and bundling with life insurance makes ULIPs a product that one should avoid

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Wedding Loan Interest Rates Reach Up To 36% Annually In India: Jefferies Report

The report highlights the increasing dependency on formal lending sources over traditional familial loans when expenses exceed the budget

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National Insurance Awareness Day: 7 Recent Changes Made By IRDAI In Health Insurance You Should Know About

The recent changes introduced by the IRDAI have significantly improved the landscape of health insurance claims, benefiting policyholders in various way

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RBI Extends Currency Swap With SAARC Countries Till 2027

Under this new framework, the RBI will enter into bilateral swap agreements with the central banks of SAARC countries that wish to use the swap facility.

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With Healthier Balance Sheets, Banks Are Supporting Credit Growth: RBI Financial Stability Report

"The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic and financial stability," says RBI

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ICICI Prudential Mutual Fund Launches ICICI Prudential Energy Opportunities Fund NFO

Opens on 2 July 2024, and closes on 16 July 2024. The scheme is an open-ended equity scheme focusing on the energy theme, as energy remains a critical driver of industrial and economic growth, this theme is expected to perform well both globally and domestically. The energy theme encompasses a wide range of industries, including oil & gas, bio energy value chain, and lubricants, etc. The scheme has the flexibility to invest across energy value chains

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UPI Credit Line: All You Need To Know

UPI credit lines can provide you instant loans within the convenience of UPI. However, you need to exercise caution to avoid any scams

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Policybazaar Health Claims Index Reveals Claims Approval Rate Improved To 94%

More importantly, the approval rate comes along with delivering a top-notch experience, with 86 per cent reporting satisfaction with their claims experience.

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SBI Raises Rs 10,000 Cr Through Infrastructure Bonds At 7.36%

Investors ranging from provident funds, pension funds, insurance companies, mutual funds, and corporations participated in the bond issuance

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Quant MF Schemes NAV Falls Amidst Sebi Investigation

The markets regulator, Sebi, is investigating a suspected case of front-running involving Quant MF, which manages assets worth Rs 93,000 crore. This has raised concerns among numerous investors about the security of their investments.

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