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Finance
Posts related to Personal Finance, Fixed Deposits, Provident Funds, Pension Schemes, Mutual Funds, Smart Investment Plans and other related updates
IRDAI slaps Rs 1 Crore Fine on SBI Life Insurance (See Why?)
The insurance regulator, IRDAI, has fined SBI Life Insurance Rs 1 crore for violating rules related to outsourcing and insurance web aggregators.Additionally, IRDAI has...
Best credit cards for 2024 from leading banks: Top Picks Based on Reward Points
If you’re considering a new credit card, it’s wise to compare features such as reward points, eligibility, renewal fees, and additional perks like lounge...
Why Having Multiple Bank Accounts Can Cost You: Key Risks and Issues
Having multiple bank accounts might seem convenient, but it can lead to various financial and administrative issues.Here's why managing several accounts can be problematic:
1....
RBI Guidelines: Protect Yourself from Misconduct by Bank Recovery Agents
The Reserve Bank of India (RBI) has imposed a penalty of ₹1 crore on HDFC Bank due to the misuse of recovery agents and...
FATF’s Proposed Changes May Increase Costs for Banks and Credit Card
The Financial Action Task Force (FATF) is considering implementing new disclosure standards for cross-border online transactions, which could increase compliance costs for banks and...
Urgent Reminder: Last Chance to Pay Advance Tax Before Deadline
Taxpayers have 1 day left to make the second installment payment of advance tax for the financial year 2024-2025.The deadline is September 15, 2024.Failure...
IRDAI brings New Health Insurance Rules w.e.f Oct 1: Benefits for Policyholders
The Insurance Regulatory and Development Authority of India (IRDAI) has released a master circular to help policyholders better understand their rights.Many people have life...
ICICI Bank Revises Rules for Free Airport Lounge Access on Debit Cards Effective October 1
If you hold an ICICI Bank debit card and wish to enjoy complimentary airport lounge access during your air travels, it's important to be...
5 Superhit SBI Schemes to Grow Your Wealth in Just 400 Days
The State Bank of India (SBI) has introduced several attractive fixed deposit (FD) schemes to help customers increase their savings efficiently.Among these, the new...
Home Loan Tips for Those Over 40: 5 Strategies to Avoid Financial Strain
If you're planning to take a home loan at the age of 40 or above, it's crucial to follow certain strategies to ensure that...