Punjab National Bank has suspended all staff at its Aichher branch and begun reimbursing customers after alleged unauthorised withdrawals potentially affecting more than 350 account holders. Investigators have widened the probe into alleged irregularities at Punjab National Bank’s P-1 branch…
SBI General Insurance is urging new vehicle owners to examine cover limits, deductibles, add-ons and claims procedures before setting out on festive journeys. As the festive season brings a surge in vehicle deliveries and road travel, SBI General Insurance is…
Banks in India could be required to compensate victims of digital arrest scams and other online fraud when failures in due diligence help criminals steal funds, while the Reserve Bank of India has been ordered to develop common safeguards. India’s…
Missing paperwork, billing discrepancies and policy exclusions can lead to hospitalisation claims being refused, but policyholders may still seek a review if they act promptly. If a health insurer turns down a hospitalisation claim, the immediate instinct may be to…
Family support, rising living costs and unnoticed everyday spending can quickly erode a ₹50,000 monthly salary. Financial advisers explain how to build a buffer, tackle costly debt and start investing. For three young professionals earning around ₹50,000 a month, the…
As customers allege that nearly Rs 35 crore went missing from accounts at a Greater Noida branch, experts urge victims to block access, complain in writing and report digital frauds immediately. The alleged fraud at a Punjab National Bank branch…
Rising hospital costs are pushing Indian families towards ₹10 lakh health policies, but exclusions, co-payments and sub-limits can sharply reduce the protection they provide. Health insurance plans with a sum insured of ₹10 lakh are increasingly being viewed as a…
A 26-year-old woman says her parents’ house and gold masked a lack of retirement savings after they spent heavily on her wedding and lent money to a relative. A 26-year-old woman in India has drawn widespread attention after saying she…
Police are investigating alleged unauthorised withdrawals from savings and fixed deposit accounts at a Punjab National Bank branch, where several employees including the manager have been suspended. At least ₹35 crore is alleged to have vanished from customer savings accounts…
Investors approaching a major financial deadline may need to trade potential extra returns for stability, balancing inflation-beating growth with protection from a late market slump. When a financial goal is more than five years away but still less than a…
Indian parents settling with adult children in the US face a complex reset involving worldwide taxation, foreign-account reporting, healthcare, cross-border transfers and wills in two countries. When retired parents move from India to the United States to live with adult…
Buyers earning ₹80,000 a month should assess existing EMIs, household costs, savings and ownership expenses before deciding how much car they can afford. A buyer on an ₹80,000 monthly take-home salary should start with the whole household budget, not the…
