UTI has declared that, to pass on the benefit of probable recovery from NPAs and illiquid shares under MIP 96(IV) and DIP 91, the books of both of these schemes would be kept open for two years from the date of maturity of the schemes. The value recovered will be distributed over and above the terminal value already paid to the unit holders of the schemes after deducting the applicable costs.
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The cost of growing
Growth is only good when it pays its own way
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The right question
After 24 years, readers' worries have changed, but the real challenge is still knowing which questions to ask
Buying gold on Dhanteras is not investing
Honour the ritual, but count Dhanteras jewellery as spending. Gold you hold as insurance needs a form you can sell cheaply, and a necklace is not that form.
What changed inside India's insurance regulator?
A consultation paper from IRDAI that reads more like an investigation than a policy proposal is a surprise for anyone who follows this industry
Policyholders win 63% of complaints against insurers
IRDA data shows policyholders win at every stage, from the Bima Bharosa portal to the ombudsman to the courts. That says a lot about insurer behaviour.
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