SBI Cards must refund ₹15,000 with interest and compensation after a Delhi consumer commission found it failed to prove customer negligence or respond within required timelines following two unauthorised transactions. A Delhi consumer commission has held SBI Cards & Payment…
Tatkal NPS lets eligible BHIM users open pension accounts using bank-verified KYC details, with an initial contribution of ₹250 and six banks supporting the launch. NPCI BHIM Services Ltd. has made “Tatkal NPS” available on the BHIM Payments App, giving…
Impostors used forged arrest papers, allegations of drug trafficking and money laundering, and sustained video calls to pressure a 72-year-old Nampally woman into transferring Rs2.20 crore. Cyber criminals posing as Central Bureau of Investigation officials have allegedly cheated a 72-year-old…
Borrowers should verify the lender, compare the full cost and repayment terms, and scrutinise data permissions before taking a personal loan through an app. A personal loan app can make borrowing feel quick and convenient, but the speed of the…
Average salaries in India are projected to rise 9.1% in 2027, but tax, provident fund deductions and household costs could substantially reduce the increase workers actually feel. A 9.1% salary increase may sound generous, but the figure only tells part…
A 12-point framework calls for governments, banks, technology platforms and telecoms firms to co-ordinate across borders as online scams grow more sophisticated. The International Monetary Fund and World Bank Group have unveiled the Bangkok Blueprint, a policy framework designed to…
Policies worth more than ₹2 crore accounted for 34% of term insurance sales in FY26, but the right level of cover depends on income, debts, dependants and future goals , not a headline figure. A cover amount of ₹2 crore…
The revised framework groups partial advances into essential needs, housing and special circumstances, with separate limits for illness, education, marriage and property-related expenses. The Employees’ Provident Fund has long been designed as a retirement safety net, but the latest partial-withdrawal…
High interest rates and the minimum payment trap can make credit card debt more costly than a larger personal loan, prompting experts to recommend repaying the most expensive borrowing first. When debt begins to pile up, the size of the…
Investing the annual PPF limit early each financial year and extending the account beyond its initial 15-year term can turn disciplined contributions into a tax-free corpus of about ₹1.54 crore. A Public Provident Fund account can do far more than…
Personal guarantees, shared ownership and household finances can leave families exposed when a business owner dies, making the right life cover a key part of continuity planning. For many small-business owners, protecting a family’s finances is inseparable from protecting the…
India’s Life Insurance Corporation will add a deferred annuity, fixed-benefit health plan and cancer policy to its domestic range on 19 October. Life Insurance Corporation of India will add three new products to its domestic line-up on 19 October, widening…
