It is estimating that this would help monetise assets worth Rs 10,000 crore.
About 50 per cent of the accounts that availed of the EMI moratorium amid the pandemic, which made things worse in an already slowing economy, are expected to be restructured, and of these accounts that would undergo restructuring, one-third, or Rs 6-9 trillion, could turn into NPAs.
Do you save more money if you use bank portals for online shopping?
The tax filing season is here, and mutual funds have launched tax-saving products.
Don't let knotty financial issues weaken your marital bond. Heavy liabilities of one partner have the potential to sour a new relationship. So, develop a plan for how you will deal with these.
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
Keki Mistry, vice chairman and CEO, HDFC tells Joydeep Ghosh and Chirag Madia that unlike some other players it never went for excesses and never took unreasonable risks.
Staying healthy can reduce your next premium. Through wellness programmes, policyholders can get discounts ranging from 8 per cent to 30 per cent.
'A subscriber will know exactly how much of his money is in debt and how much in equity.'
Use whole life term policies for legacy planning. By doing so, your annual outgo will come down and returns will improve, suggest Chirag Madia and Tinesh Bhasin.
You will be much better off buying the required plans directly from life and general insurers, experts tell Chirag Madia
The good news is investors can make 5 to 6 switches during a year among funds depending on the insurance companies without incurring any costs.
If an employee bond is used to ensure that the employee never leaves, then it is illegal.