Women are kept outside the financial decisions in the family. Prevents them from asking for their share. Women remain insecure financially at all income levels.
Traditional insurance plans are toxic. They return less then 5% a year for 15 years. Break the product before 5 years and you lose all your money.
The cheating does not stop in the insurance industry. Gets deeper and wider. Insurance regulator is asleep at the wheel.
RBI releases the draft charter of consumer rights. Long road ahead to implementation.
Who is rich? Depends purely on where you stand. And then, how much is enough? Oh, that depends on who you are!
Banks brazenly sell toxic insurance products to me as I request and seek a PPF.
Not allowing foreign money in insurance is to cut off our own noses to spite our face. Why is FDI in mutual funds ok and not in insurance?
Learn to ask: what does it cost, before you buy a financial product. The seller will try and distract you with returns and tax breaks. Don't get conned.
Banks get ready to lobby away the payment banks. But RBI seems determined to break the banking cartel.
The Indian Banks Association has stalled reform that benefits the bank customers. Profits over people for the IBA.