Latest News from Rupeetalk.com http://www.rupeetalk.com Fri, 04 Dec 2009 10:00:03 IST Rupeetalk.com http://www.rupeetalk.com/images/rupeetalk-logo.gif http://www.rupeetalk.com Feed provided by Rupeetalk. http://rupeetalk.com/blog/disposable-income-increased-loan-eligibility-aam-admi/Fri, 12 Mar 2010 05:01:46 +0000Abhishekhttp://rupeetalk.com/blog/?p=901Finance Minister Pranab Mukherjee’s recent budget announcements have come as a relief to the taxpayer. Under the revised tax structure, incomes between Rs 1.6 lakh and Rs 5 lakh will attract 10 per cent tax, while on incomes between Rs 5 lakh and Rs 8 lakh, 20 per cent tax will be applicable. For incomes above Rs 8 lakh, a rate of 30 per cent will be levied. [...]http://rupeetalk.com/blog/budget-impact-for-home-buyers/Sat, 27 Feb 2010 10:16:03 +0000Abhishekhttp://rupeetalk.com/blog/budget-impact-for-home-buyers/Overall, a lackluster budget for the economy but no shocks! The middle class can celebrate a bit with the Income Tax slabs now helping them to fight the inflation. Believe me, the inflation rate will make sure that most of the tax savings will go towards meeting higher prices. Here are some predictions and suggestions for [...]http://rupeetalk.com/blog/weeks-left-refinance/Thu, 11 Feb 2010 06:35:16 +0000Abhishekhttp://rupeetalk.com/blog/?p=894With two home loan EMIs running, almost no news about home loans escapes ones eyes. With most banks announcing that they will withdraw the ‘teaser’ schemes, I finally decided to get one of the loans refinanced. Now my current lender, India’s largest private bank, was never good to me. I had a great deal from [...]http://rupeetalk.com/blog/fixed-maturity-plans-back-in-vogue/Wed, 27 Jan 2010 12:20:49 +0000Abhishekhttp://rupeetalk.com/blog/?p=840In the months following the introduction of stricter norms, it appeared that FMPs had lost their attractiveness. But they have staged a remarkable comeback. The Indian mutual fund industry, which until October 2008 was riding high on the bull run in equities, was halted in its track by the global liquidity crisis. Almost all mutual [...]http://rupeetalk.com/blog/implications-of-online-mf-trading-through-stock-exchanges/Mon, 25 Jan 2010 11:36:44 +0000Abhishekhttp://rupeetalk.com/blog/?p=817The Securities and Exchange Board of India (SEBI) has opened a new window of opportunities for the Indian mutual fund industry by allowing online trading of MF units through stock exchanges. This move is intended to offer both investors and mutual fund houses a cost-effective and convenient way to trade in mutual funds. But this [...]http://rupeetalk.com/blog/lic-jeevan-anand-plan-review/Thu, 07 Jan 2010 11:26:26 +0000Abhishekhttp://rupeetalk.com/blog/?p=806Endowment plans were the darling of insurance companies, before ULIPs came into the picture. Over the years they might have lost their top slot but are not out of demand; conservative investors still prefer them for their survival benefits, which are missing in term plans. ‘LIC Jeevan Anand’ is one such popular endowment assurance plan which also comes with whole life benefits. http://rupeetalk.com/blog/2009-stocks/Sat, 02 Jan 2010 06:46:51 +0000Abhishekhttp://rupeetalk.com/blog/?p=790Bonanza year 2009 ended on a happy note and would be remembered for many reasons. Indian stock markets recovered remarkably from their March 2009 lows and went on to register the best year-to-date (YTD) performance in the history of Indian stock market since 1991, with more than 80 per cent return in 2009 and above [...]http://rupeetalk.com/blog/2009-mutual-funds/Wed, 30 Dec 2009 12:07:45 +0000Abhishekhttp://rupeetalk.com/blog/?p=778Mutual funds are an ideal product for the retail investors who do not have the required knowledge or time to invest in stocks. They have become an effective means to create wealth by maximising returns and minimising risks. http://rupeetalk.com/blog/2009-ulip-funds/Tue, 29 Dec 2009 10:28:08 +0000Abhishekhttp://rupeetalk.com/blog/?p=771Year 2009 turned out to be a significant year for many reasons. The Indian investor ushered in the year with the country's economy still reeling under the effects of sub-prime crisis that engulfed global economies and led to the fall of giants like Lehman Brothers. At home front too the signs were not positive. Satyam fraud scandal shocked everyone, putting a question mark on the credibility of the country's tech services industry. But slowly and steadily, things changed for the better. The government along with the Reserve Bank of India helped with their monetary and fiscal policies. The faith in Satyam was somewhat restored by employing some tough measures, including a gradual leadership change. http://rupeetalk.com/blog/5-investment-myths-busted/Thu, 24 Dec 2009 10:42:16 +0000Abhishekhttp://rupeetalk.com/blog/?p=759 We sat around the room, bedecked in wedding finery, waiting for the black cat that had crossed the bride’s path to retrace its steps, post which we too would have to retrace ours. “Shalini,” I said to my wife, “are myths of this kind prevalent everywhere?” She replied, “Yes, of course, even in a profession [...] http://www.rupeetalk.com/Life-Insurance/news/bajaj-allianz-ipl-linked-scheme-out-for-a-duck.php 2010-02-10 07:01:41 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/bajaj-allianz-ipl-linked-scheme-out-for-a-duck.php Bajaj Allianz Life Insurance was planning to introduce an Ulip (unit-linked insurance plan) with returns linked to the performance of the IPL team. http://www.rupeetalk.com/Car-Loan/news/indusind-bank-sees-consumer-fin-loanbook-up-20-per-cent.php 2010-02-10 06:56:04 Rupeetalk http://www.rupeetalk.com/Car-Loan/news/indusind-bank-sees-consumer-fin-loanbook-up-20-per-cent.php Private sector lender IndusInd Bank expects its consumer finance loan book to rise 20% in 2009/10 and 25% in 2010/11 on robust growth in the vehicle finance segment. Their vehicle finance is picking up and IndusInd are seeing growth in auto, two-wheeler and three-wheeler segment. The bank also expects to maintain its target of 25-30% credit growth in FY10. http://www.rupeetalk.com/Home-Loan/news/nri-home-loans-on-the-upswing.php 2010-02-09 06:51:42 Rupeetalk http://www.rupeetalk.com/Home-Loan/news/nri-home-loans-on-the-upswing.php Most NRIs give a lot of thinking before investing in property in India and most of the time put off the plan due to effort, research and planning involved and in some instances if they do not have enough funds for the same. http://www.rupeetalk.com/Credit-Card/news/corporation-bank-mulls-launch-of-multi-utility-cards.php 2010-02-09 06:46:44 Rupeetalk http://www.rupeetalk.com/Credit-Card/news/corporation-bank-mulls-launch-of-multi-utility-cards.php State-run Corporation Bank is considering launching a multi-utility cash card, which can be used as a debit, credit and pre-paid card, in the current year. http://www.rupeetalk.com/Home-Loan/news/teaser-rates-must-apply-to-existing-loans.php 2010-02-07 22:44:46 Rupeetalk http://www.rupeetalk.com/Home-Loan/news/teaser-rates-must-apply-to-existing-loans.php RBI Deputy Governor KC Chakrabarty has once asked banks to charge a uniform rate of interest on home loans for both new as well as existing borrowers. http://www.rupeetalk.com/Demat-Account/news/birla-sun-life-mutual-fund-launches-new-scheme.php 2010-02-07 22:41:25 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/birla-sun-life-mutual-fund-launches-new-scheme.php Birla Sun Life Mutual Fund has launched a 27-month close-ended fund--BSL Capital Protection Oriented Fund Series 1 (CPOS). http://www.rupeetalk.com/Credit-Card/news/banks-offer-credit-card-defaulters-easy-loan-to-settle-dues.php 2010-02-05 06:16:39 Rupeetalk http://www.rupeetalk.com/Credit-Card/news/banks-offer-credit-card-defaulters-easy-loan-to-settle-dues.php If you have a large outstanding on your credit cards and are paying the usual high interest on the same, here is an opportunity to convert it from credit card loan to a lower interest bank loan on a long tenure. http://www.rupeetalk.com/Demat-Account/news/sebi-standardises-risk-warning-in-mf-advertisements.php 2010-02-05 06:10:55 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/sebi-standardises-risk-warning-in-mf-advertisements.php Market regulator, SEBI standardised the risk warning that mutual fund firms have to display in the audio-visual advertisements, with a view to help the investor to understand the message clearly. http://www.rupeetalk.com/Life-Insurance/news/kotak-life-targets-30-per-cent-growth-in-fresh-premium-in-q4.php 2010-02-03 22:49:06 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/kotak-life-targets-30-per-cent-growth-in-fresh-premium-in-q4.php Kotak Life Insurance is aiming at 30 per cent growth in fresh premium in the last quarter of this fiscal and to cross the Rs 7,000-crore mark in its assets under management. http://www.rupeetalk.com/Demat-Account/news/mutual-funds-pay-out-below-average-returns.php 2010-02-03 22:36:20 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/mutual-funds-pay-out-below-average-returns.php It may be raining dividends on the mutual fund (MF) street, but it’s not all cheers for investors. Many diversified equity and tax planning MFs that have doled out dividends in the past one month have actually delivered below average returns, analysis shows. http://www.rupeetalk.com/Home-Loan/news/banks-not-ready-to-withdraw-prepayment-penalty-on-forclosure.php 2010-02-02 23:07:08 Rupeetalk http://www.rupeetalk.com/Home-Loan/news/banks-not-ready-to-withdraw-prepayment-penalty-on-forclosure.php Banks have expressed concern over the competition commission\'s intervention on homeloan prepayment penalty issue as they fear that this would put pressure on their costs, increase risk and even lead to higher lending rates. http://www.rupeetalk.com/Fixed-Deposit/news/fixed-deposits-back-in-limelight.php 2010-02-02 22:58:14 Rupeetalk http://www.rupeetalk.com/Fixed-Deposit/news/fixed-deposits-back-in-limelight.php Uncertainties in the bond market are giving risk-averse clients the jitters. http://www.rupeetalk.com/Demat-Account/news/investments-in-mutual-funds-after-crr-hike.php 2010-02-01 02:59:31 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/investments-in-mutual-funds-after-crr-hike.php RBI has stepped in to rein in spiraling headline inflation and in this direction it has raised the Cash Reserve Ratio (CRR) by 75bps. This will happen in two stages. CRR is the amount of funds that banks have to keep with RBI http://www.rupeetalk.com/Home-Loan/news/your-home-car-loan-rates-won-t-rise-till-march.php 2010-02-01 02:57:06 Rupeetalk http://www.rupeetalk.com/Home-Loan/news/your-home-car-loan-rates-won-t-rise-till-march.php Commercial banks are unlikely to raise their prime lending rates — offered to the best customers — or deposits rates at least till the end of March but large companies borrowing short-term money at sub-PLR rates may have to cough up more. http://www.rupeetalk.com/Life-Insurance/news/life-insurance-policies-could-soon-become-paperless.php 2010-02-01 02:55:05 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/life-insurance-policies-could-soon-become-paperless.php Life insurance policy holders may not be required to keep paper records of their policies once the plan for digitalisation of the sector that is being worked on by the Life Insurance Council is approved by the regulator IRDA. http://www.rupeetalk.com/Life-Insurance/news/sbi-plans-to-raise-rs-40-000-50-000-crore-in-5-years.php 2010-02-01 02:36:15 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/sbi-plans-to-raise-rs-40-000-50-000-crore-in-5-years.php Country\'s largest lender State Bank of India (SBI) needs to raise about Rs.40,000-50,000 crore of capital for the next five years. http://www.rupeetalk.com/Demat-Account/news/20-dividend-on-sundaram-bnp-paribas-taxsaver-fund.php 2010-01-27 03:29:37 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/20-dividend-on-sundaram-bnp-paribas-taxsaver-fund.php Sundaram BNP Paribas Mutual Fund has declared 20 per cent dividend under its ELSS scheme, Sundaram BNP Paribas Taxsaver Fund. http://www.rupeetalk.com/Life-Insurance/news/irda-to-allow-demat-account-for-insurance.php 2010-01-27 03:17:17 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/irda-to-allow-demat-account-for-insurance.php Life Insurance Council, the industry body of life insurance companies in India, is working on a proposal that will help buyers of life insurance policies save their policies in a digital form, just like company shares. http://www.rupeetalk.com/Life-Insurance/news/irda-asks-insurers-for-info-on-commission-paid-to-banks.php 2010-01-24 22:32:24 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/irda-asks-insurers-for-info-on-commission-paid-to-banks.php Insurance Regulatory and Development Authority (Irda) has asked insurance companies to provide details of the commission they paid to banks for selling policies in the last three and a half years. http://www.rupeetalk.com/Life-Insurance/news/icici-pru-to-offer-services-via-post-offices.php 2010-01-24 22:27:45 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/icici-pru-to-offer-services-via-post-offices.php ICICI Prudential Life Insurance has signed a pact with India Post to offer its services in Tamil Nadu. http://www.rupeetalk.com/Credit-Card/news/pnb-hikes-credit-card-interest-rate-by-50-basis-points.php 2010-01-21 04:45:54 Rupeetalk http://www.rupeetalk.com/Credit-Card/news/pnb-hikes-credit-card-interest-rate-by-50-basis-points.php State-owned bank Punjab National Bank (PNB) has decided to increase to increase the interest rates on credit card transactions by 0.50 per cent per month effective from February 01, 2010. http://www.rupeetalk.com/Demat-Account/news/t-rowe-price-group-buys-26-in-uti-amc.php 2010-01-21 04:41:58 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/t-rowe-price-group-buys-26-in-uti-amc.php UTI Mutual Fund has roped in a foreign player T Rowe Price Group Inc, a global investment management organization with $366.2 billion in assets as of September 30, 2009, through its wholly-owned subsidiary T Rowe Price Global Investment Services Ltd (TRP) where the latter will acquire 26 per cent in UTI AMC. http://www.rupeetalk.com/Demat-Account/news/canara-robeco-mf-announces-70-dividend.php 2010-01-20 03:42:19 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/canara-robeco-mf-announces-70-dividend.php Canara Robeco Mutual Fund has declared a 70 per cent dividend under its scheme Canara Robeco Balanced Fund. The record date for distribution of dividend is fixed as January 22, 2010. http://www.rupeetalk.com/Demat-Account/news/post-offices-to-sell-uti-mf-schemes-again.php 2010-01-20 03:29:53 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/post-offices-to-sell-uti-mf-schemes-again.php India Post has resumed selling UTI mutual fund schemes in return of good commissions. UTI MF is offering the Post upfront commissions in the range of 0.75 per cent to 1 per cent for the sale. http://www.rupeetalk.com/Credit-Card/news/rbi-likely-to-allow-prepaid-cards-for-pos-withdrawals.php 2010-01-15 04:31:07 Rupeetalk http://www.rupeetalk.com/Credit-Card/news/rbi-likely-to-allow-prepaid-cards-for-pos-withdrawals.php Reserve Bank of India (RBI) may allow money withdrawals with the help of prepaid cards from the point of sale (PoS) terminals soon, making PoS more efficient. These prepaid cards will be open loop cards issued by banks. http://www.rupeetalk.com/Car-Insurance/news/icici-lombard-offers-add-on-covers-for-motor-insurance.php 2010-01-15 04:28:42 Rupeetalk http://www.rupeetalk.com/Car-Insurance/news/icici-lombard-offers-add-on-covers-for-motor-insurance.php ICICI Lombard General Insurance has offered two new add-on covers for its motor insurance products – zero depreciation and consumable items. http://www.rupeetalk.com/Life-Insurance/news/future-generali-launches-sanjeevani-plus.php 2010-01-15 04:26:06 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/future-generali-launches-sanjeevani-plus.php Future Generali India Life Insurance has launched Future Generali Sanjeevani Plus – a unit-linked whole life insurance and investment plan. Sanjeevani Plus covers the policyholder till the age of 99 years. http://www.rupeetalk.com/Life-Insurance/news/irda-mulls-capping-traditional-products.php 2010-01-14 02:37:27 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/irda-mulls-capping-traditional-products.php After putting caps on Ulip products which have already been effective since Jan 01, 2010, Insurance-regulator Insurance Regulatory Development Authority (IRDA) has been considering putting caps on traditional products too. http://www.rupeetalk.com/Demat-Account/news/franklin-templeton-mf-announces-dividend-in-its-tax-scheme.php 2010-01-14 02:35:59 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/franklin-templeton-mf-announces-dividend-in-its-tax-scheme.php Franklin Templeton Mutual Fund has declared dividend under its Equity-linked Savings Scheme (ELSS) Franklin India Tax Shield Fund. Franklin India Tax Shield Fund is an open-ended equity linked saving scheme with an aim to provide medium to long-term capital growth along with income tax benefits under Section 80 C. http://www.rupeetalk.com/Life-Insurance/news/bharti-axa-life-launches-child-plan-with-jumpstart-bonus.php 2010-01-12 04:24:28 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/bharti-axa-life-launches-child-plan-with-jumpstart-bonus.php Private life insurer Bharti AXA Life Insurance has launched an innovative child plan – \'Bright Stars PLUS\'. This is an enhanced version of its flagship \'Bright Stars\' plan and complies with the latest IRDA guidelines on ULIP charges. http://www.rupeetalk.com/Life-Insurance/news/13-lakh-life-insurance-agents-recruited-in-2008-09.php 2010-01-11 02:38:35 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/13-lakh-life-insurance-agents-recruited-in-2008-09.php Indian life insurance companies recruited around 13 lakh agents in 2008-09, the year of global crisis and recession. The number has increased by 3 lakh from 2007-08, when 10 lakh insurance agents got jobs. http://www.rupeetalk.com/Demat-Account/news/idfc-mf-launches-asset-allocation-fofs.php 2010-01-11 02:33:48 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/idfc-mf-launches-asset-allocation-fofs.php IDFC Mutual Fund has launched IDFC Asset Allocation Fund of Funds – an open-ended fund of funds scheme. A fund of funds (FoF) is the scheme that invests primarily in other schemes of the same mutual fund house or other mutual funds houses. http://www.rupeetalk.com/Life-Insurance/news/bajaj-allianz-launches-a-ulip-with-minimum-170-guaranteed-return.php 2010-01-11 02:30:56 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/bajaj-allianz-launches-a-ulip-with-minimum-170-guaranteed-return.php Bajaj Allianz Life Insurance has unveiled \'Shield Plus\' – a unit-linked plan (ULIP) with a minimum 170 per cent guaranteed return at maturity. Bajaj Allianz Shield Plus is a single-premium life insurance policy with a fixed term of 10 years and the minimum premium of Rs. 25,000. http://www.rupeetalk.com/Car-Loan/news/axis-bank-offers-car-loans-at-10-105-per-cent.php 2010-01-08 02:31:48 Rupeetalk http://www.rupeetalk.com/Car-Loan/news/axis-bank-offers-car-loans-at-10-105-per-cent.php India\'s third-largest private lender Axis Bank has reduced its car loan rates by 0.5-0.75 per cent. The rates will be 10-10.5 per cent for new loans with a term of 3-5 years. This move did not come as a surprise considering ICICI Bank cut its car loan rates by 0.25-0.5 per cent the previous day. http://www.rupeetalk.com/Demat-Account/news/pan-required-for-physical-share-transfer.php 2010-01-08 02:30:26 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/pan-required-for-physical-share-transfer.php The Securities and Exchange Board of India (SEBI) has made Permanent Account Number (PAN) mandatory for transfer of shares in the name of heir in case of the death of shareholder who was the sole owner of shares. \"It is hereby clarified that it shall be mandatory to furnish a copy of PAN (on) transmission of shares to the legal heir(s), where the deceased shareholder was the sole holder of shares,\" a Sebi circular said. http://www.rupeetalk.com/Car-Loan/news/icici-bank-cuts-car-loan-rates-by-1-per-cent.php 2010-01-07 02:41:24 Rupeetalk http://www.rupeetalk.com/Car-Loan/news/icici-bank-cuts-car-loan-rates-by-1-per-cent.php Leading private lender ICICI Bank is said to have cut car loan rates to 9.75-10.5 per cent from 10.5-11.5 per cent. On the other hand, the bank has increased dealers’ commission to 2.25-3 per cent. If dealers pass on a part of these commissions to customers, the interest rate will further drop to 9 per cent for customers. http://www.rupeetalk.com/Demat-Account/news/icicidirect-offers-online-mf-platform-for-ifas.php 2010-01-07 02:39:26 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/icicidirect-offers-online-mf-platform-for-ifas.php ICICIdirect.com, the online brokerage division of ICICI Securities Ltd., has launched online platform for Independent Financial Advisors (IFAs). This facility will be available to the IFAs who are AMFI certified and have a minimum of one year’s experience. They need to pay the nominal application and security fees to become a member. http://www.rupeetalk.com/Life-Insurance/news/reliance-life-insurance-launches-two-new-plans.php 2010-01-06 03:09:00 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/reliance-life-insurance-launches-two-new-plans.php Reliance Life Insurance has begun its new year with the launch of two new products - Reliance Jan Samriddhi Plan (RJSP) and Reliance Traditional Super Investassure Plan (RTSIP). Jan Samriddhi is a low-cost saving-cum-life protection plan for the rural population. It comes with a monthly premium of as low as Rs. 50. http://www.rupeetalk.com/Home-Loan/news/axis-bank-offers-home-loans-at-825-fixed-rate.php 2010-01-06 03:05:39 Rupeetalk http://www.rupeetalk.com/Home-Loan/news/axis-bank-offers-home-loans-at-825-fixed-rate.php Private sector lender Axis Bank has rolled out Power Advantage Home Loan – a special home loan scheme at 8.25 per cent fixed rate, two months after its 8 per cent home loan scheme hit the market. Under the scheme, the special fixed rate will be available for the first two years for all loan amounts, and from the third year onwards it will be converted into a floating rate of interest which will be based on the mortgage reference rate (MRR). http://www.rupeetalk.com/Life-Insurance/news/max-new-york-life-launches-4-new-ulip-products.php 2010-01-06 00:00:25 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/max-new-york-life-launches-4-new-ulip-products.php Max New York Life Insurance, a private life insurance company, has launched four new unit-linked products (ULIPs) in accordance with the IRDA guidelines. The new products are Max New York Life Fortune Builder, Max New York Life Unit Builder Plus, Smart Invest Pension Super and Smart Xpress. http://www.rupeetalk.com/Credit-Card/news/axis-bank-launches-card-protection-plan.php 2010-01-05 23:54:45 Rupeetalk http://www.rupeetalk.com/Credit-Card/news/axis-bank-launches-card-protection-plan.php Axis Bank has launched a card protection plan for its customers that will protect them against card loss, theft and other such events. For this plan, the bank has tied up with CPP Assistance Services Pvt. Ltd (CPP) – a world player in assistance services market. http://www.rupeetalk.com/Car-Insurance/news/car-insurance-may-come-with-accident-cover.php 2010-01-05 23:48:09 Rupeetalk http://www.rupeetalk.com/Car-Insurance/news/car-insurance-may-come-with-accident-cover.php The road transport ministry has found a unique way to fund its scheme for accident victims on national highways. It is planning to charge up to Rs. 15 on every vehicle insurance premium so as to provide cashless hospital facility to accident victims. http://www.rupeetalk.com/Demat-Account/news/uti-mf-now-has-1-cr-investor-accounts.php 2010-01-04 02:51:04 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/uti-mf-now-has-1-cr-investor-accounts.php UTI MF, ICICI Prudential, HDFC, investor accounts http://www.rupeetalk.com/Demat-Account/news/mf-assets-drop-355-in-dec-to-rs-778-lakh-cr.php 2010-01-04 02:49:27 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/mf-assets-drop-355-in-dec-to-rs-778-lakh-cr.php AUM, AMFI, HDFC MF, UTI MF, LIC MF, Kotak Mahindra MF http://www.rupeetalk.com/Health-Insurance/news/corporation-bank-to-enter-non-life-insurance-biz.php 2010-01-04 02:46:39 Rupeetalk http://www.rupeetalk.com/Health-Insurance/news/corporation-bank-to-enter-non-life-insurance-biz.php Corporation bank, LIC, IRDA, New India Assurance Company http://www.rupeetalk.com/Life-Insurance/news/investors-to-gain-more-on-ulips-from-jan-1.php 2009-12-31 01:10:48 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/investors-to-gain-more-on-ulips-from-jan-1.php Investors can expect more returns from their ULIP schemes from Jan. 1, the date on which the Insurance Regulatory & Development Authority\'s (IRDA) cap on charges will come into effect. As per the new IRDA guidelines, the maximum charges on ULIPs will be limited to 3 per cent for policies with maturity up to 10 years and 2.25 per cent for policies with maturity of over 10 years. http://www.rupeetalk.com/Life-Insurance/news/aviva-launches-9-ulips-introduces-thematic-funds.php 2009-12-31 01:03:26 Rupeetalk http://www.rupeetalk.com/Life-Insurance/news/aviva-launches-9-ulips-introduces-thematic-funds.php Private insurer Aviva Life Insurance has rolled out nine unit-linked plans (ULIPs). These include products like child, pension and savings that come with 14 new fund options. Moreover, they are designed so as to comply with the recent IRDA guidelines on cap charges and have enhanced features and higher internal rate of returns (IRRs). These ULIP products will follow a standard charge structure: the total charge will be up to 3 per cent for ULIPs up to 10 years of term and 2.25 per cent for ULIPs over 10 years of term. http://www.rupeetalk.com/Demat-Account/news/united-bank-files-for-ipo.php 2009-12-31 00:58:31 Rupeetalk http://www.rupeetalk.com/Demat-Account/news/united-bank-files-for-ipo.php United Bank of India (UBI) has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offer (IPO). UBI is expected to launch the IPO by the last week of January or the first week of February 2010. The issue size will be Rs. 50 crore. http://www.rupeetalk.com/Home-Loan/news/no-interest-rate-hike-in-next-6-months-sbi.php 2009-12-30 03:07:41 Rupeetalk http://www.rupeetalk.com/Home-Loan/news/no-interest-rate-hike-in-next-6-months-sbi.php SBI, State Bank of Saurashtra, State Bank of Hyderabad, State Bank of Patiala http://www.rupeetalk.com/General/news/bank-retails-loan-base-shrinks.php 2009-12-30 03:05:26 Rupeetalk http://www.rupeetalk.com/General/news/bank-retails-loan-base-shrinks.php retail loans, credit cards, RBI bulletin, real estate, education loans