Insurance

Has your motor insurance cover lapsed? Here’s all you need to know about renewing it

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The spectre of heavy penalties under the amended Motor Vehicles Act has resulted in a windfall of sorts for insurance companies—a surge in demand for motor covers. Several insurers have reported a […]

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Insurance

IRDAI issues new norms to curb life insurance misselling, makes illustrations mandatory

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In a strong effort to increase transparency and curb mis-selling of life insurance policies, IRDAI has directed insurers to: mandatorily issue benefit illustrations based on two different assumed rates of return as per a prescribed format; […]

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Business

Wipro to develop online business platform with Brazil’s financial services body

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Wipro has said it would develop an online platform, noomis, for the financial services industry in Brazil. The Bengaluru-based software services provider has tied up with Febraban, an industry body representing the […]

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Loan

Bharat Gas gets five-year loan from Bank of Baroda for ₹3,100 crore

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Mumbai: Bharat Gas Resources Ltd (BGR) a wholly-owned subsidiary of Bharat Petroleum Corporation Ltd (BPCL), has signed a five-year loan agreement with Bank of Baroda for ₹3100 crore, according to two officials aware of the […]

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Insurance

Why global insurance company Chubb is keen to build a stronger connect with Indian tech startups

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Fintech has become a vibrant part of the growing Indian startup ecosystem, and insurance startups are now in the spotlight. These insurtech companies have favourable winds blowing towards them with strong digital […]

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Loan

SBI eyes  1  October launch of revamped home loan product linked to repo

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MUMBAI : State Bank of India (SBI) has put on hold its existing repo-linked home loan product and will launch a new one on 1 October, said a person familiar with the development, […]

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Loan

Money & Relationships: Pros and cons of taking joint home loan with your spouse

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Have you and your spouse decided to buy a house with the help of a joint home loan? Exciting as the prospect of purchasing a house seems to a married couple, they need […]

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Insurance

Indian Railways offers insurance at less than 50 paise per train passenger. How it works

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What can you buy for 50 paise? Well, financial products such as travel insurance. Indian Railways Catering and Tourism Corporation (IRCTC) offers you an insurance cover of up to ₹10 lakh at a […]

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