The Insurance Regulatory and Development Authority (Irda) is working on new guidelines for selling insurance products through banks, or bancassurance.

Irda mulling new norms for bancassurance

Business Standard

With high volatility in the stock market, investors are looking for other options like debt and gold. However, when it comes to gold, most investors find it a difficult proposition because of the storage cost and wealth tax it entails.

Say goodbye to storage cost, wealth tax on gold

SBI pares deposit rates by 25-50 bps; IDBI Bank reduces BPLR by 50 bps.

Two big banks cut rates

With terrorism reinsurance rates escalating by seven to eight times, the Board of Control for Cricket in India (BCCI) may have to shell out a higher premium to cover risks. State-owned Oriental Insurance, the insurer of the Indian Premier League (IPL) event, has already written to BCCI about the rise in reinsurance rates and is awaiting a response.

BCCI may have to shell out higher premium to cover IPL

Insurance Regulatory and Development Authority (Irda) is in the process of establishing a data warehouse that will contain detailed information on health and motor insurance.

Irda plans to set up data warehouse

After almost 15 months of bad news, stock markets across the world have recovered to some extent in the last one month. And both traders and investors are beginning to feel that things aren&rsquo;t so bad after all.

Get rid of the clutter

It is important that children start their financial education at the earliest.

Teach your children well

State Bank of India, the country&rsquo;s largest lender, today decided to freeze interest rates on certain term loans and working capital for small and medium enterprises (SMEs) at 8 per cent.

SBI freezes rates at 8% for small, medium firms

Though gold ETFs are traded on stock exchanges, they are taxed at a higher rate.

Bright, but not so beautiful

I fall in the highest tax bracket and feel that debt funds are better for me than fixed deposits. I want to invest in debt funds for the long-term through SIPs, and will be happy with 9-10 per cent returns.

Invest lumpsum in debt

Bank&rsquo;s chairman says high-cost funds, lower credit demand putting pressure on NIM.

SBI mulls further cut in lending rate

As much as Rs 22,000 crore worth of fixed maturity plan (FMP) schemes are going to mature in the month of April and May. Out of this, FMPs worth Rs 12,000 crore have already matured to date.

Mutual funds brace for Rs 22,000-cr redemption in fixed maturity plans

The Insurance Regulatory and Development Authority (Irda) Committee, which was evaluating the performance of third-party administrators (TPAs) in the health services sector, is likely to submit its recommendations within the next 15 days.

Irda likely to submit report on TPAs in 15 days

Any financial planner would advise you to &ldquo;invest in equities for the long term&rdquo;. But the basic question that arises is &ndash; how long is long term? Is it three years, five years, 10 years or, as legendary investor Warren Buffet says, &ldquo;Our favourite holding period is forever&rdquo;.

Key to building wealth: Book profit regularly in stock market

Public sector insurance companies have managed to raise their market share further during the April renewals.

Public insurers up mkt share in April renewals

Applying for a loan? Check if you&rsquo;ve paid your telephone bill or insurance premium first. Soon, your loan proposals will not depend only on your credit card and debt payment record with banks but also on whether you&rsquo;ve paid your phone bill, insurance premium and stock broker dues on time.

Loan approvals may be linked to phone bills, insurance premium payments

Students with educational loans could be feeling jittery because of the Uncertain job market.

Recession pressure on repayments

In its present format, this policy doesn&rsquo;t inspire much.

Unemployment insurance

Most retail investors have a love-hate relationship with the stock markets. At present, surely many more would be hating equities as they see little hope of their investments giving good returns in the near term.

Go off the beaten track

I have two active SIPs in DSPBR T I G E R and Tata Infrastructure. I have been advised by a lot of people to stop these SIPs as the infrastructure sector is not doing too well.

Avoid thematic funds

I am 42 years old. I have started investing since 2005. Though my investments in mutual funds gave a good returns for the first two years, I didn&rsquo;t book profit. I thought staying invested will help me yield better returns in the long term. Now I wonder if it was a mistake. Despite the fall, I am still investing every month through a systematic investment plan (SIP). I invest Rs 10,000 in DSPBR T I G E R and Kotak Opportunities, Rs 8,000 in SBI Taxgain and Rs 5,000 in HDFC Taxsaver.

Profit-booking in SIPs

Personal Finance: Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

Personal Finance: Investing, Planning, Retirement, Loans, & Insurance | Business Standard

Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

Page 941 - Personal Finance