Once your bank or institution provider is registered, the process of sharing the data becomes easy as the institution is connected with the system of AA by way of APIs

How Account Aggregators can help you get the best loan, insurance or investment deals

Sep 02, 2021

Account Aggregator is like an exchange platform between banks and institutions sharing the data. It consolidates all the financial data in one place and act as an information custodian for a customer

The judge passed this order, which would go a long way in coming to the aid of lots of accident victims

Make 'bumper-to-bumper' insurance mandatory from Sept 1, rules Madars HC

Aug 26, 2021

This must be in addition to covering the driver, passengers and owner of the vehicle, for a period of five years, Justice S Vaidyanathan said in a recent order

ABSLI DigiShield Plan premium rates slashed

Aditya Birla Sun Life Insurance reduces its term plan premium by 15%

Aug 24, 2021

ABSLI DigiShield is a term insurance plan which can be personalised to suit specific protection needs

Bajaj Finserv to set up MF arm

Bajaj Finserv gets in-principle nod to set up mutual funds arm

Aug 24, 2021

According to regulatory disclosures, there are a few more entities who have applied to SEBI for a mutual fund licence and their application is under process

RBI's Sovereign Gold Bonds (SGBs) are considered as the most preferred paper form of gold as it offers an interest along with price appreciation in the yellow metal

You may earn up to 2.50% interest on your idle lying gold jewellery, here's how

Aug 18, 2021

You can deposit the idle gold in an RBI designated bank and earn interest on the same. This facility is available under RBI's Gold Monetisation Scheme and is just like a bank fixed deposit

It took 12 years for NPS to reach the milestone of 30 lakh voluntary subscribers.

NPS' non-govt subscriber base touches 30 lakh; PFRDA aims to add 10 lakh more in FY22

Aug 17, 2021

Over 9,100 entities or employers have adopted NPS for its employees till now, PFRDA said, adding that it targets to add 10 lakh new non-government subscribers in FY22.

 Term of this scheme will be 7 years with 2 year-long lock-in period from the Final Closing

ASK Investment Managers rolls out digital fund; to raise Rs 1,000 cr

Aug 16, 2021

The ASK Emerging Opportunities Fund is a Category-III long-only AIF and has a flexi-cap portfolio with a midcap bias

Such transfer involves systematic risk, substantial time and cost, the regulator noted

Sebi decides on marking lien on demat accounts

Aug 14, 2021

Upon finalisation of the entitlement, only accepted quantity of shares will be debited from the demat account of the shareholders and the lien marked against unaccepted shares will be released, Sebi said in a circular

The average ticket-size of loans for weddings was Rs 4.13 lakh. Photo: Reuters

Wedding loans on the rise in 2nd wave of Covid-19, shows survey

Aug 11, 2021

Wedding loans constituted 33 per cent, highest amongst other purposes, during the second wave of the pandemic as compared to 22 per cent during the first wave, shows a study conducted by IndiaLends

The employer is liable to pay the amount of gratuity due within a period of 30 days from the date of retirement/resignation

Ask Money Today: How to calculate gratuity if an employee is sent on leave without pay?

Aug 13, 2021

As per the provisions of Payment of Gratuity Act, an employee, who has completed five years of continuous service, is entitled to gratuity working in an organisation employing 10 or more persons

The I-T department had extended the last date for filing ITR for last financial year to September 30, 2021, from July 31.

I-T Dept to refund excess interest, late fee collected while filing returns for FY21

Aug 11, 2021

The I-T Department said that ITR software was rectified on August 1 to remove the error due to incorrect computation of interest under section 234A and late fee under 234F.