Average claim for infectious diseases rose to Rs 64,135 in 2022 from Rs 24,569 in 2018, which is an increase of over 160% and a compound annual growth rate (CAGR) of 26% (see graphic), data from Policybazaar showed. The amount is higher in metros like Mumbai, where average claim for infectious diseases rose to nearly Rs 80,000 from about Rs 30,000.
Striking a balance between ownership rights and anti-pollution measures, the Delhi high court Tuesday ordered the release of "end of life" vehicles seized for scrapping under two conditions while imposing several riders.
Customers will be able to scan merchant UPI QR codes using the app and make the payment through digital currency.
New loan rules: Banks and finance companies in India may have to increase some home loan EMIs and restrict borrowers' loan eligibility due to new Reserve Bank of India's new regulations. Banks that do not currently offer fixed-rate loans may increase rates to offset risk. The rules take effect from 31 December 2023.
An 83-year-old widow, who was not liable to file her IT return, has obtained a favourable order from the income-tax appellate tribunal (ITAT), Delhi bench. The tax tribunal set aside the penalty imposed on her for not filing her tax return.
In Maharashtra, banks will work only for remaining three days as banks witnessed two back to back holidays on August 15, and 16.
In its truest sense, financial independence is all about reaching a stage where you have enough money to take care of your life goals. From buying adequate life and medical insurance covers to building a retirement corpus to diversifying your portfolio, here are the steps you take to be financially independent.
The Government is organising Har Ghar Tiranga campaign between 13 to 15 August. The citizens can also purchase the national flag through the ePostOffice facility of the department.
Several major public and private sector banks have reduced interest rates since May 2023. Axis Bank, Punjab National Bank (PNB), Union Bank of India, and IndusInd Bank are among the banks that have cut interest rates on their fixed deposits in the last four months. Will banks start reducing interest rates on FDs now? All eyes will be RBI Monetary Policy Committee meeting being held between August 8-10. Know how upcoming MPC decision is likely to impact the interest rates on fixed deposits going forward and what FD investors should do to get maximum return.
AU Small Finance Bank (SFB) claims to be India's first bank to offer 24/7 video banking facility for 365 days. On top of that this feature is being offered for free for all types of customers of AU SFB. Read here to know what transactions can and cannot be done using this feature.
During the said period, net banking & mobile banking app services will be unavailable. However, you may continue banking via ChatBanking on WhatsApp
You should avoid providing debit card or credit card information on websites that you are sent a link to by SMS because this could be a phishing scam to steal your card information.