Page 694 - Personal Finance

Interoperable cash deposit machines may soon be reality: RBI

Bank customers may soon be able to deposit cash in their accounts from any bank's cash deposit machines

Car owners may see faster claim settlement

With Irdai proposing to increase the limit for appointing external surveyors to Rs 50,000, things should get simpler for smaller claims

New India launches long-term comprehensive two-wheeler policy

Customers can opt for two- or three-year policy tenures, product has zero-depreciation cover on payment of additional premium

Indiabulls MF plans scheme focused on 'Make in India' drive

Open-ended equity scheme will invest in mfg and renewable energy, which are expected to benefit from Centre's Make in India initiative

New limits for external surveyors may speed up claim settlemets

But insurers must ensure that in-house surveyors are qualified

Pension regulator might raise NPS equity investment cap for pvt sector

When it comes to home loans NBFCs fare better than banks

While leading banks and housing finance companies offer the same rates, the latter are allowed to include registration, stamp duty

PFRDA to take view on Bajpai panel report in next 3 weeks

The committee has recommended diversifying investment portfolio of NPS scheme into private equity and venture capital funds

A low-risk way to invest in equities

Dividend transfer plans of mutual funds can help conservative investors take exposure to equities

Kotak Mahindra Bank cuts base rate by 15 bps to 9.85%

The bank follows other private and public sector banks that had already slashed their base rates

Proposed real estate regulator bill will bring transparency, reduce delays

More compliance could mean higher prices in the medium term but buyers will face fewer problems

For marriages not made in heaven

When seeking alimony, a woman should opt for lump sum payment rather than monthly as it is more tax-efficient

SBI matches HDFC; Cuts home loan rate by another 10 bps for new buyers

New rate 9.9%; for existing customers, it is 10%

Rollover of MFs beyond 36 months not capital gains: CBDT

The capital gains will, however, arise at the time of redemption of the units or opting out of the scheme, as the case may be

Case study

Taxation: Kuldip Kumar

Good connectivity, infra make for an attractive investment destination

The game of sweaters and air-cooled shirts

Investors bet big on conventional energy

While looking at these stocks, you should bear in mind cyclical nature of fuel supply-demand matrix

Choose listed companies over new offerings

With a majority of stocks in the past decade quoting below their issue price after listing, the secondary market might be a better bet for investors