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What is mis-selling in insurance, and why has IRDAI flagged it in its latest report? | Explained

BUSINESS

What is mis-selling in insurance, and why has IRDAI flagged it in its latest report? | Explained

The regulator noted that mis-selling frequently leads to higher premiums, dissatisfaction and ultimately non-renewal of policies, contributing to a rise in lapse cases across the industry.

Sovereign Gold Bond early exit today: RBI announces SGB 2020-21 Series-IX redemption price, check investors' return- FAQs answered

BUSINESS

Sovereign Gold Bond early exit today: RBI announces SGB 2020-21 Series-IX redemption price, check investors' return- FAQs answered

The bonds have a fixed term of eight years, but investors can exit after five years on interest payment dates if they wish. SGBs can also be traded on stock exchanges, transferred to others, or used as collateral for loans.

Golden gains day for SGB 2018–19 Series IV investors as RBI opens premature exit; check details

BUSINESS

Golden gains day for SGB 2018–19 Series IV investors as RBI opens premature exit; check details

It is worth noting that the redemption proceeds are paid in cash; no physical gold is delivered.

Gold investors ring in 2026 with massive gains: RBI announces SGB 2017–18 Series XIV redemption; check details

BUSINESS

Gold investors ring in 2026 with massive gains: RBI announces SGB 2017–18 Series XIV redemption; check details

Accordingly, SGB 2017–18 Series XIV, which was issued on January 1, 2018, reaches its maturity on January 1, 2026, making it one of the first SGB tranches to be redeemed in the New Year.

PAN–Aadhaar linking deadline ends today: Last chance to link, late fee details and steps

BUSINESS

PAN–Aadhaar linking deadline ends today: Last chance to link, late fee details and steps

The deadline for PAN–Aadhaar linking ends today, December 31, 2025, leaving taxpayers with just a few hours to complete the process.

New Year, New Rules: Key banking, salary and tax changes kicking in From January 1, 2026

BUSINESS

New Year, New Rules: Key banking, salary and tax changes kicking in From January 1, 2026

From faster credit score updates and stricter PAN-Aadhaar rules to pay commission changes, fuel price revisions and new tax forms, January 1, 2026 brings a host of regulatory shifts that will impact banking, salaries, farmers and household budgets. Here’s what’s changing and why it matters.

SGB 2017–18 Series XIII final exit today: Investors to earn nearly 5x return; Check price and details

BUSINESS

SGB 2017–18 Series XIII final exit today: Investors to earn nearly 5x return; Check price and details

With the final redemption price now at Rs 13,563, investors are looking at a capital appreciation of nearly 4.7 times over eight years.

Bank Holidays in January 2026: Banks to remain shut for up to 12 days in some cities; check full state-wise list

BUSINESS

Bank Holidays in January 2026: Banks to remain shut for up to 12 days in some cities; check full state-wise list

Most digital banking services — including UPI, mobile banking and internet banking — will continue to work as usual.

LIC Housing Finance cuts home loan rates: Check if your CIBIL score is good enough to get the lowest rate

BUSINESS

LIC Housing Finance cuts home loan rates: Check if your CIBIL score is good enough to get the lowest rate

The reduction follows the recent 25 bps repo rate cut by the RBI’s Monetary Policy Committee (MPC).

Aadhaar–PAN linking deadline nears: How to fix mismatched details before December 31

BUSINESS

Aadhaar–PAN linking deadline nears: How to fix mismatched details before December 31

The mandate was introduced by the Central Board of Direct Taxes (CBDT) which targets taxpayers whose PAN was issued based on an Aadhaar Enrolment ID filed before October 1, 2024.

SGB premature exit today: Investors set to gain 4x in 5 years as RBI announces SGB 2019–20 Series I redemption price

BUSINESS

SGB premature exit today: Investors set to gain 4x in 5 years as RBI announces SGB 2019–20 Series I redemption price

The RBI has fixed the redemption price at Rs 12,801 per unit, based on the simple average of 999-purity gold prices published by IBJA for December 8, 9 and 10.

SGB 2017–18 Series XI matures on Dec 11: Rs 1 lakh investment now worth over Rs 4.3 lakh as RBI sets redemption price

BUSINESS

SGB 2017–18 Series XI matures on Dec 11: Rs 1 lakh investment now worth over Rs 4.3 lakh as RBI sets redemption price

The tranche, originally issued on December 11, 2017, completes its eight-year tenure this week in line with the Government of India’s notification under the SGB Scheme.

SGB premature redemption today: Investors strike gold, check details of Sovereign Gold Bond 2019-20 Series VII

BUSINESS

SGB premature redemption today: Investors strike gold, check details of Sovereign Gold Bond 2019-20 Series VII

The bond, originally issued on December 10, 2019, can be exited early only on interest payment dates, as permitted under the Government of India’s 2019 notification on the SGB Scheme.

SGB alert: Massive 332% return! RBI sets final redemption price for SGB 2017-18 Series X maturing Dec 4; check price

BUSINESS

SGB alert: Massive 332% return! RBI sets final redemption price for SGB 2017-18 Series X maturing Dec 4; check price

Investors who subscribed to this tranche can expect the proceeds to be credited to their bank accounts on the redemption date, offering them returns aligned with the strong performance of gold prices over the eight-year period.

No more Aadhaar centre visits — mobile number updates will soon go fully digital

BUSINESS

No more Aadhaar centre visits — mobile number updates will soon go fully digital

In a post on X, UIDAI confirmed that it is introducing a new facility that will allow residents to update their registered mobile number remotely.

Deadline Alert: Finish these essential tasks before November 30 to avoid penalty

BUSINESS

Deadline Alert: Finish these essential tasks before November 30 to avoid penalty

Whether it’s submitting the annual life certificate or completing the NPS-to-UPS transfer, November 30 is a critical deadline for several mandatory requirements.

December bank holiday alert: Banks to close on 19 days next month — check state-wise RBI list

BUSINESS

December bank holiday alert: Banks to close on 19 days next month — check state-wise RBI list

December is set to be a busy month for bank holidays, with branches scheduled to remain closed on up to 19 days across states.

Sovereign Gold Bond: This tranche matures today, investors set to earn over 300% return-- check details

BUSINESS

Sovereign Gold Bond: This tranche matures today, investors set to earn over 300% return-- check details

Sovereign Gold Bond (SGB) 2017-18 Series IX had an issue price of Rs 2,964 per gram

Holiday List 2026 released: Government offices to remain shut on these dates across India; check full list

BUSINESS

Holiday List 2026 released: Government offices to remain shut on these dates across India; check full list

As 2025 draws to a close, the Centre has issued a circular announcing the list of holidays for next year, i.e. 2026 for all its offices across India.

NPS to UPS Switch: Govt urges NPS subscribers to opt for Unified Pension Scheme before Nov 30 deadline

BUSINESS

NPS to UPS Switch: Govt urges NPS subscribers to opt for Unified Pension Scheme before Nov 30 deadline

The Finance Ministry has urged all subscribers to submit their option by November 30, 2025, either online through the CRA system or via their Nodal Office, to avoid missing out on enhanced pension benefits and greater flexibility.

Income Tax Update: Finance Ministry opens Capital Gains Account Scheme to 19 private banks; check full list

BUSINESS

Income Tax Update: Finance Ministry opens Capital Gains Account Scheme to 19 private banks; check full list

However, the restriction on rural branches continues, meaning only branches in areas with a population above 10,000 (as per the 2011 Census) can offer the scheme.

Sovereign Gold Bond 2017-18 Series-VIII matures on November 20: RBI fixes Rs 12,300 redemption price; investors to get 317% return

BUSINESS

Sovereign Gold Bond 2017-18 Series-VIII matures on November 20: RBI fixes Rs 12,300 redemption price; investors to get 317% return

Investors who subscribed at the issue price of Rs 2,951 per gram (the original issue price for this tranche), will receive the maturity amount directly into their linked bank accounts.

PM Kisan 21st installment released: How to check if you have received Rs 2000 payment

BUSINESS

PM Kisan 21st installment released: How to check if you have received Rs 2000 payment

It is to be noted that more than Rs. 3.70 lakh crores have been disbursed so far to over 11 crore farmer families in the country through 20 instalments.

SGB 2020-21 Series II premature exit on Nov 19: RBI announces issue price, investors set to receive massive gains

BUSINESS

SGB 2020-21 Series II premature exit on Nov 19: RBI announces issue price, investors set to receive massive gains

SGB holders can opt for early redemption after the fifth year from the date of issue, but only on an interest payment date. The upcoming redemption window meets this criterion.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347