This is an Endowment Assurance plan that provides for benefits on or from the selected maturity date to meet the Marriage/Educational expenses of the named child. Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by the policy holder, throughout the term of the policy or earlier death.
Individuals planning to invest their monies into the New Pension Scheme need to only track the Sensex of Bombay Stock Exchange or the Nifty Index of the National Stock Exchange to see how their investment is performing. This is the basic idea from a recent new report of a discussion with the PFRDA (Pension Fund… Read More »
After almost a year of looking negative, the auto loan market is witnessing a cracking upsurge in volumes fueled predominantly by the festive season and to a large extent by the upsurge in the spirits of the automakers themselves who have been consistently launching new car brands the last few months. Ford Cruze being the… Read More »
News reports have suggested that IndiaBulls Financial Services has received RBI approval to hold up to 74% in the proposed Life Insurance venture of the company. IndiaBulls has entered into a joint venture with French company Sogecap. Sogecap is the life insurance arm of French company Societe Generale.
The financial services arm of the Aditya Birla Group is reportedly putting into motion a plan to create a full -fledged subsidiary totally involved in the financial services business. As of now the financial services businesses of the group have to function alongside the other varied and non-related businesses like Apparel, Telecom and even agricultural… Read More »
Assume there are two companies A and B, operating in the same sector. If PE of A is 30 and PE of B is 22, then B is considered to be a better buy, as the market price has not gone up to reveal the earnings prospect of the company. But A is considered to… Read More »
Car loan and home loan offers are on with attractive interest schemes for this festive season! The home loan offers this season get even better with the dip in home loan rates expected to continue even past the magic “8 %” figure that was on offer to improve the lending scenario and breathe new life… Read More »
The Chairman of Central Bank of India has indicated that his bank expects to see its home loan portfolio to grow by over 25% in the current fiscal. At present home loans contribute around 8000 crore to the 92000 crore loan book that the bank holds. This works out to around 8.6% share for home… Read More »
A new trade finance service named “Doorstep Trade Service” has been launched by DHL Express India in tie up with Standard Chartered Bank and Williams Lea. DHL Express is a leading logistics and courier service provider, Williams Lea is a BPO specializing in Corporate Information Solutions.
News reports have indicated that the Insurance market is set to provide more choices with 7 new products coming from the stables of Future Generali India Life insurance Company.