Tata AIA Life launches new plan 'Secure 7'
Tata AIA Life launched a new plan that provides income protection with the added advantage of guaranteed returns, reports PTI.
MAS Team | 07 February 2014
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PSU banks must follow broker model to sell insurance: Government
The government is unlikely to show flexibility on its directive that banks must disband the corporate agency model for insurance products and adopt...
MAS Team | 07 February 2014
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HDFC Mutual Fund launches HDFC RGESS-Series 2
HDFC Mutual Fund said it has launched HDFC Rajiv Gandhi Equity Savings Scheme–Series 2 (HDFC RGESS-2), a three year close-ended equity scheme
MAS Team | 07 February 2014
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HDFC Bank introduces 'missed call banking'
HDFC Bank has introduced a new service called missed call banking
MAS Team | 05 February 2014
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Introduce common demat account for financial investments: P Chidambaram
Finance Minister P Chidambaram asked regulators to expeditiously introduce a common demat account for financial assets, a move that is expected to...
MAS Team | 05 February 2014
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Need for effective risk-management mechanism for e-banking: Assocham
Industry body Assocham asked authorities to consider putting in place a more effective risk management mechanism to counter the potential risks posed...
MAS Team | 04 February 2014
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EPFO settles 10 lakh PF claims in January this year
The Employees' Provident Fund Organisation (EPFO) has settled 10,15,235 claims during January
MAS Team | 04 February 2014
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Vodafone launches M-Pesa in Punjab
Mobile operator Vodafone India announced to roll out mobile money transfer facility 'M-Pesa' in collaboration with ICICI Bank in Punjab as part its...
MAS Team | 03 February 2014
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EPFO to consider raising retirement age to 60 years in 5th Feb meeting
EPFO's apex decision making body the Central Board of Trustee (CBT) will consider a proposal to raise the retirement age of organised sector workers...
MAS Team | 03 February 2014
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Andhra Bank sets up live, interactive TV facility for customers
Andhra Bank set up a live, interactive television facility for its customers, probably the first of its kind at Hyderabad, reported The Hindu...
MAS Team | 03 February 2014
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RuPay Card base to touch 25 mn by March: NCPI
The National Payment Corporation (NPCI) plans to almost double the number of RuPay Cards, the homegrown rival to Visa and MasterCard, to 25 million...
MAS Team | 03 February 2014
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Reliance Life Insurance launches new healthcare plan
Reliance Life insurance has launched 'Reliance Life Care for You Advantage Plan', a family floater that covers hospitalization, surgeries and...
MAS Team | 28 March 2013
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Xpress Money plans free insurance and remittance card from April
Global money transfer Xpress Money has planned to launch free insurance to its remitting customers in the Middle East, in addition to issuing a...
MAS Team | 28 March 2013
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Gold loan companies lower rates
All gold loan companies are working towards attracting customers with either lowering their interest rates or bringing in new schemes that reduce...
MAS Team | 28 March 2013
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Muthoot Finance introduces NPS for employees
Muthoot Finance has announced an NPS initiate for employees of the entire group. In addition, the company, as a Point of Presence (PoP) for NPS, will...
MAS Team | 28 March 2013
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Life insurers to have standard form for policyholders: IRDA
In order to introduce fairness, uniformity and transparency into insurance policies sold by insurance companies, the Insurance Development Regulatory...
MAS Team | 05 February 2013
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Cards Face Maximum Complaints
According to the annual report of the Banking Ombudsman for 2011-12, released earlier this year, grievances relating to cards outnumbered other...
MAS Team | 04 February 2013
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PPF, Saving Schemes Reduce Interest Rates
Returns from PPF and small savings are bound to reduce as government has reduced interest rates marginally. According to the finance ministry...
MAS Team | 04 February 2013
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Customer complaints against banks down 3% in 2012-13
The number of consumer complaints against banks has come down by about 3% in 2012-13, while SBI topped the list with 20,030 grievances against it of...
MAS Team | 04 February 2013
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Kotak Mahindra Bank and Indian Bank hike interest rates
After the 28 January 2014 rate hike by the Reserve Bank (RBI), private sector lender Kotak Mahindra Bank took the lead over its larger peers by...
MAS Team | 04 February 2013
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