IF a good-looking, well-dressed gentleman knocks on your door asking for help, would you turn him down?
Author: Tarun Bansal Savingwala
Tips to ensure your agent doesn’t cheat you
GONE are the days when financial products meant only fixed deposits and small savings schemes. Now, there are an array of investments for your benefit
Pranab assures LIC investors on safety of money
Union Finance Minister Pranab Mukherjee on Saturday assured the investors of Life Insurance Corporation of India that they would not lose any money on account of the recent unearthing of the housing loan racket involving some top officials of the LIC Housing Finance Ltd.
Max New York Life enters ‘The Guinness Book of World Records’
Max New York Life Insurance, one of India’s leading life insurance companies, announced that it has earned its place in the Guinness Book of World Records. The recognition was bestowed upon the company for creating the ‘World’s largest umbrella’.
Quick tips on choosing the right bank for your savings
No matter how small or big you are earning, it is important to set aside a certain amount of your earnings for the needed savings. Whether you earn more or you earn less, you should do your best to save for unexpected expenses. But have you figured out where you shall put your savings? Have you chosen a certain bank where you shall open any savings account you want to have?
Don’t press panic button, your money is safe: Pranab
Finance Minister Pranab Mukherjee on Tuesday sounded the alarm bell for emerging market economies witnessing large foreign capital inflows to take note of the threat to their financial stability.
IRDA norms for new life schemes
Insurance regulator IRDA on Tuesday said that all universal life products, a new kind of insurance which entered India recently and gives greater flexibility to customers, will not have any unit-linked component in them.
CBI arrests LIC Hsg CEO, PSB officials
CBI’s EOW chief P Kandaswamy said the agency has busted a housing loan scandal racket and arrested CEO of LIC Housing, General Managers of Bank of India and Central Bank of India (New Delhi) and CGM of Punjab National Bank. Several other bank officials have also been arrested on bribery charges.
Free insurance scheme get solid response
The scheme, which covers all Indian workers in the kingdom earning below BD150, is valid until October 31 next year. However, officials now plan to extend the period for the scheme, which covers deaths or injuries.
Clean chit to LIC of India – Transfer of profits case : IRDA
The insurance watchdog earlier said it would launch investigation in to the books of LIC pertaining 2009-10. J Harinarayan IRDA chairman said there is no violation committed by the LIC and it was just an actuarial shortage as to the current actuarial estimates.