The Reserve Bank of India has asked banks to put in place a system
for providing online alerts for all card transactions irrespective of
Expert speak on stock markets, mutual funds, home loans Before buying oil stocks investors should check global demand,
inventory levels, geo-political issues, crude prices and gross refining
margins of the companies, says Kotak Securities' Dipen Shah.
826 mn telephone subscribers in India as of Feb 2011 826 million was the number of telephone subscribers in India at the end
of February 2011, a growth 2.5% over the previous month's figure of
806.13 million in January 2011.
Companies lure mutual fund investors with 'free' offers If you thought rebating of commission, or mutual fund agents sharing
part of the commission with clients, has come to an end after the entry
load ban, you were wrong.
Recent rulings in banking, insurance sector to affect you RBI has asked non-banking financial companies to strictly adhere to KYC
norms and monitor transactions of their customers to ensure they are not
being used as money mules.
RBI asks banks to track down inactive account holders The central bank has decided to take this step
as commercial banks have around 10 million inoperative accounts with
unclaimed deposit of around Rs 1,700 crore.
Sachin Tendulkar highest insured cricketer in IPL-4 No records are beyond the reach of Little Master Sachin Tendulkar, who
became the most highly insured cricketer in the fourth edition of the
Indian Premier League.
Irda hikes third party motor insurance premium by 10-65% Irda has
hiked third party motor insurance premium by 10-65% across private
and commercial vehicles with effect from April 25. The review oof rates will now be done annually.
Another rate hike likely as March inflation shoots up to 8.98% Contradicting all the projection of the central bank and government,
headline inflation in March shot up to 8.98% as against February 8.31%.
Insurance policy can now be bought over phone The insurance regulator Irda's new guidelines
on telemarketing allow you to purchase life insurance policies without
filling any form or signing any document.