Amid rising concerns over uninsured vehicles, India’s Supreme Court calls for a crackdown on compliance through innovative use of technology, highlighting the importance of understanding different types of motor insurance policies. For drivers in India, the difference between third-party, first-party…
With a first salary, new workers face crucial choices about savings. Experts highlight the importance of establishing an emergency fund and starting early with simple investments like fixed deposits, recurring deposits, or SIPs to secure financial stability and long-term growth.…
India’s regulators and companies respond to RBI’s move to categorize large NBFCs under stricter supervision, while RailTel and others secure significant infrastructure and defence orders amid corporate developments. Indian regulators and listed companies set the tone for Thursday’s trading after…
HDFC Bank and ICICI Bank have increased interest rates on foreign currency non-resident bank deposits to up to 6.25%, taking advantage of a Reserve Bank of India support measure designed to attract foreign investments and lower hedging costs. HDFC Bank…
A Kerala consumer panel has highlighted issues of misleading marketing practices and unauthorised deductions by insurance agents, prompting a reinvigorated call for transparency and protection for vulnerable consumers. A Kerala consumer commission has once again underlined how aggressively marketed financial…
Investors with Rs 5 lakh looking for predictable income can choose between the doubling potential of Kisan Vikas Patra and the tax-saving benefits of the National Savings Certificate, with recent updates highlighting differences in returns, tenure, and suitability. Kisan Vikas…
The Reserve Bank of India has introduced new regulations limiting the use of technology for remotely restricting borrowers’ mobile phones during loan recovery, aiming to curb aggressive practices while safeguarding borrower rights. India’s central bank has moved to draw a…
Growing criticism over the sale of JTBC bonds fuels discussion in South Korea on whether investor safeguards should focus on issuance or distribution, amid ongoing probes and historical policy debates. Questions over the sale of JTBC bonds have triggered a…
As millions of UK workers accumulate multiple pension pots due to job mobility and automatic enrolment, experts highlight both benefits and risks of consolidation, prompting a nuanced approach tailored to individual circumstances. As retirement saving becomes more fragmented, many workers…
The Reserve Bank of India has revised its scale-based regulation criteria for non-banking finance companies, including Tata Sons, amid increased regulatory scrutiny and changes to asset-based thresholds. The Reserve Bank of India has put 17 non-banking finance companies in its…
India is contemplating a policy shift that could introduce fees on its popular UPI and RuPay payment systems, amid ongoing trade negotiations with the United States and concerns over a perceived digital payments trade barrier. As India and the United…
While often viewed as a bureaucratic hurdle, Know Your Customer rules serve a vital role in safeguarding the financial system. New approaches and increased flexibility aim to make KYC more effective and less burdensome for clients. Know Your Customer rules…
