New Delhi [India], February 10: A nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man. The annual premium was ₹2 lakh. The maturity date of the policy was the year 2124. This was not a hypothetical case or an isolated error, it happened. The Reserve Bank of India has since taken…
Read More “A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO” »
New Delhi [India], February 07: SHARES CLAIM DOST, a specialised financial facilitation service, is helping investors across India recover, dematerialise and reclaim long-forgotten investments, with a strong focus on IEPF claim refund services. As India’s capital markets have moved fully into the digital era, many investors and families still hold old physical share certificates or…
The Union Budget 2026 has seen mixed reactions from various sources. As a finance entrepreneur Girish Lakhotiya explains what you should know about the annual exercise. Simply put, the Union Budget is the government’s annual plan. It explains how money will be raised – through taxes and borrowings and how it will be spent for…
Read More “Union Budget 2026: A Quiet Shift from Numbers to Nation-Building” »
New Delhi [India], January 16: Dividend-led investing has emerged as a disciplined equity strategy for investors seeking stability alongside long-term growth. Companies that consistently distribute dividends often demonstrate strong governance, resilient cash flows, and prudent capital allocation. In volatile market environments, such attributes can add a layer of balance to equity portfolios. For investors seeking…
Mumbai (Maharashtra) [India], January 8: IDFC First Bank has quietly but decisively pulled back on savings account generosity. From January 9, depositors will earn less across several balance slabs, with cuts running as deep as 200 basis points. IDFC First Bank has revised its savings account interest rates, trimming returns across multiple balance slabs and…
Read More “IDFC First Bank Slashes Savings Account Rates, Caps Peak Returns at 6.5%” »
Mumbai (Maharashtra) [India], January 3: A two-wheeler often keeps daily life on track, so theft or a major accident can quickly become a financial shock. Insured Declared Value, or IDV, is the figure that anchors the vehicle’s insured worth in the policy. In bike insurance, IDV is agreed for the policy term, and it influences…
Read More “IDV in Bike Insurance: Why Insured Declared Value Matters for Your Two-Wheeler” »
Kheda (Gujarat) [India], December 15: The Reserve Bank of India (RBI) has officially approved the renaming of Kaira District Cooperative Bank to Kheda District Central Cooperative Bank Limited, effective 27 June 2025. This landmark approval has granted the bank’s management committee and cooperative leaders their 37-year-long demand, thus marking an administrative, cultural, and emotional milestone…
Mumbai (Maharashtra) [India], December 4: Vehicle insurance premiums are expected to rise as insurers face higher reinsurance costs. Reinsurance assists insurance firms in managing major and unforeseen claims by distributing the risk with international partners. As the charges are raised by these international partners, the insurers tend to transfer the increment to the customers. As…
Read More “Car Insurance Premiums Likely to Rise on Reinsurance Costs: A Brief Account” »
Mumbai (Maharashtra) [India], November 20: PPFAS Mutual Fund will host its 12th Unitholders’ Meet on 22 November 2025 at 4 PM in Mumbai. This annual meet provides an exclusive platform for investors and distributors to interact with the Fund Management team, gain insights into the Fund’s performance, and understand the investment philosophy of PPFAS Mutual Fund….
Read More “PPFAS Mutual Fund to host 12th Unitholders’ Meet on 22nd November 2025” »
New Delhi [India], November 18: In just over a decade, blockchain technology has grown from a radical concept to one of the most disruptive forces reshaping the global financial industry. What began with Bitcoin as a decentralised alternative to traditional banking has now evolved into a multi-trillion-dollar industry, powering cryptocurrencies, decentralised finance (DeFi), NFTs, and…
Read More “Beyond Tokens: NOD Blockchain’s Journey to Build the World’s First Crypto Bank” »
