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Source: Business Standard 3 min read Last Updated : Oct 01 2024 | 2:03 PM IST From 1 October 2024, a policyholder will get a higher refund if he exits his life insurance policy during the initial years.This is expected to provide greater flexibility and liquidity for life insurance customers who want to switch policies….
Source: Business Standard 3 min read Last Updated : Sep 24 2024 | 2:04 PM IST The National Consumer Disputes Redressal Commission (NCDRC) has upheld an order by the Telangana State Consumer Disputes Redressal Commission instructing the State Bank of India (SBI) to refund Rs 63.74 lakh to a customer. The lender was ordered…
Source: Business Standard Illustration: Ajay Mohanty 4 min read Last Updated : Sep 17 2024 | 10:15 AM IST The Reserve Bank of India (RBI) has imposed a Rs 1 crore penalty on HDFC Bank for violating guidelines related to the engagement of recovery agents. The bank’s recovery agents were found to have contacted customers…
