The FRDI Bill establishes a Resolution Corporation which will monitor the financial firms such as banks, insurance companies, stock exchanges, and depositories and pre-empt their failure, and resolve or liquidate them in case of failure.
If in the event of a claim it is found that the asset has not been insured for its full value, the amount of loss payable is proportionately reduced.
Digital currency with the right regulatory environment could also help promote financial inclusion
The earlier and younger you buy a health insurance, the lower you pay for it.
Previous trends show this magnanimity shown by state-run banks may prod private competitors to hop on the bandwagon.
Alufluoride, which like its industry peers was struggling with weak pricing environment for the last few years, has witnessed a good traction in its earnings. Its healthy balance sheet, along with a niche production process positively positions it for an investment assessment.
You should compare pure term plans, decide on a low premium, long term plan, and then buy add-ons to have a suitable comprehensive policy.
With stock markets touching new highs globally and the US Fed increasing interest rates we can see much more doomsday prediction going forward.
One significant global phenomenon at this point of time is that the US is exiting from the ultra-easy monetary policy initiated in the wake of the global financial crisis of 2008.
With increasing interest and attractiveness of the Indian economy, both inbound and outbound cross-border M&A in India is expected to increase significantly in the coming few quarters.
In the airline sector, Air India is by far the most eligible bachelor. Restricting it to only suitors from India will not fetch the government the right valuation.
If you plan and invest your money smartly, then you can easily arrange the required funds to buy your first home.
Post the recent policy announcement, various reports have quoted bankers saying the credit offtake has started picking up. Banks’ credit growth is nowhere close to their prime and still are not running on all engines
Be firm to your banker and convey your incapacity to visit the branch for closure and agree to all authorisation they may need.
Analysts expects that oil prices to move in a price band of USD 45 to USD 60 for the calendar year 2018.
Much to the surprise of the analysts, the RBI chose to raise the H2 FY2018 Consumer Price Index (CPI) path slightly by 10 bps to 4.3%-4.7%, to accommodate upside risks from crude prices, delayed impact of state Housing Rent Allowance (HRA) implementation and a sustained uptick in core inflation.
Governor Urjit Patel said that the RBI’s stance will likely be neutral for a quarter or two. The question is will the RBI have to take a call on hiking rates or changing stance much earlier?
The good part about the policy is that it has laid a long-term roadmap and has focused on clearing the hurdles in the way. At the same time, it has worked on providing jobs to the economy and promotes entrepreneurship by standing behind the exporter to explore new markets.
The stars are favourably aligned for Air India’s divestment. The only issue that will need to be handled is the labour issue.
Even as markets are precariously close to an important technical level what is also important is the timing when the level is being tested. The all-important state of Gujarat is going to the polls; any negative surprise will result in little respect for the level.
Industry must contemplate and introduce innovative products that addresses the core needs of the customers to take care of their present as well as future healthcare financing needs.
Conviction of leaders at different levels play an important role in carving out the emotional side of culture.
Did you know there are certain tax saving investments that helps us save for our future, while also reducing current taxes?
If the MPC didn’t find space to cut rates on October 7, it is unlikely to find reasons to slash rates on December 6.
Vidhi Specialty seems well placed to increase market share as it embarks upon capacity expansion in 2018.