Latest Updates

As per the latest reports, the Insurance Regulatory and Development Authority of India (IRDAI) has been engaging with the insurance industry stakeholders to set out a reform agenda. This is titled as IRDAI Vision 2047, which is made to increase...

The Insurance Regulatory and Development Authority of India (IRDAI) Micro Insurance committee suggested a Combi MI product. Yegnapriya Bharath, Chief General Manager (Non-Life), said, “ This product will help the insurers give flexible offers to...

The Reserve Bank of India (RBI) has introduced fresh rules regarding debit and credit cards for banks and NBFCs to meet. Failing to comply with these norms would lead to penalities for banks and non-banking finance companies (NBFCs). Now, NBFCs can...

The Insurance Regulatory and Development Authority of India (IRDAI) has introduced new guidelines for surety insurance. These guidelines shall apply from April 1st, 2022. It is a three-party policy wherein the insurance company guarantees the bond...

Motor Insurance protects you from the financial burden that may arise due to an accident, natural calamities, theft, etc. As per the government’s revised rate, private car insurance will attract rates of INR 2,094, which was 2,072 in the year...

Insurance Regulatory and Development Authority of India (IRDAI) has provided a framework for a new product by which small suppliers and work contractors can get surety of payment without pledging any collateral. So, instead of reaching a bank, you...

The State Bank of India is one of the top-notch banks of India. It has millions of retail customers having their savings account with the bank and they are enjoying various facilities from the bank. But the State Bank of India has introduced new...

The Budget 2021 has brought certain provisions that have mandated that non-filers of income tax for the past two fiscal years would have to face a higher tax deduction at source if the tax deduction was ₹50000 or more in each previous...

The Finance Minister of India Nirmala Sitharaman has announced certain amendments in the Income Tax Rule of EPF and LTC in the 2021 Budget. These amendments will be in effect from the 1st of April 2021. It has impacted the salaried employees of our...

Fintech major Wishfin has acquired Ladders, a fintech startup founded by Prakhar Aggarwal. Following the acquisition, Ladders Team comprising Prakhar Aggarwal will join Wishfin. Ladders has been successful in creating a multi-stage user experience...