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MONEY & BANKING
FIXED DEPOSITS:
Banks turn back to recurring deposits
Long-term resource base. Mumbai, Nov. 7 Even as top bankers are making noises about the need for increasing low-cost current and savings account (CASA) deposits, they are quietly getting their branches to step on the gas to garner long-term ...
LIFE INSURANCE:
Back on the traditional path
Max New York Life’s Secure Dreams. Competition is believed to be the mother of innovations in the business world. But, at times, corrections in equity market too bring about ...
REGULATORY BODIES & RULINGS:
IRDA working group on Annuity
The Insurance Regulatory and Development Authority (IRDA) has constituted a working group to examine the current status of annuity products and to come out with recommendations to strengthen the ...
LIFE INSURANCE:
Insurance first, investment later
LIC’s Jeevan Nischay. Insurance is supposed to serve the purpose of protection. But, of late, we have been witnessing a number of insurers pitching products as a combination of investment and ...
GENERAL INSURANCE:
Can investment portfolios pay health-care costs?
Health-care costs are a significant proportion of our lifestyle expenses. Yet, insurance companies do not typically cover costs incurred by individuals due to pre-existing illness. How can individuals hedge such ...
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