How to realign your retirement portfolio [ad_1] Sandeep is a 65-year-old retired senior executive who lives on the pension from the government. He supports his wife, but has no other financial commitments. His pension is adequate to meet the household requirements but not enough to cope should a large sum of money be required suddenly. A few months ago, his ...

How to file a complaint against RBI regulated entity under the Integrated Ombudsman Scheme [ad_1] Any person who has a grievance or complaint against a Reserve Bank of India (RBI) regulated entity, such as a bank, non-banking fi nancial company (NBFC), or payment system participant, can lodge their complaint through a centralised complaint redressal system under the Integrated Ombudsman Scheme, ...

Buy a used luxury car at half the price: Benefits, watch-outs [ad_1] Recently, Mercedes Benz hit headlines in India when its Sales and Marketing Head, Santosh Iyer, mentioned how sales of luxury cars are low in the country because people prefer to save their money and invest in SIPs. There was a deluge of memes and comments on his statement, ...

How investors should approach risk management [ad_1] Should you approach risk management in investing as you would a puzzle or a mystery? In a jigsaw puzzle, all the pieces have a defined place and will fit only in that place and nowhere else. But in a mystery you are dealing with the known, the unknown and the unknown ‘unknowns’. These ...

DSP Tax saver mutual fund review: Needs to catch up with index [ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTS DATE OF LAUNCH 18 JAN 2007 CATEGORY EQUITY TYPE ELSS AUM* Rs.10,428 crore BENCHMARK ...

Shriram Finance turns India’s largest retail NBFC after merger: Group Shriram Transport Finance Company (STFC), India’s largest financier of commercial vehicles, and Shriram City Union Finance, the largest two-wheeler financer, have been merged to form Shriram Finance. Shriram Finance will be India’s largest retail-focused non-banking financial company, said the Shriram Group on Monday. Shriram Finance will be a diversified player ...

MF portfolio doctor: Seth needs to hike investment to reach retirement target [ad_1] Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. ...

Will RBI devise rules to regulate public sector banks amid rising scams This has obviously made things lopsided when it comes to governance of Indian banks. For instance the Reserve Bank of India (RBI) can issue guidelines to private banks or foreign banks, but not to the PSBs. This anomalous duality may well be under review now with a ...

As an only daughter, can I stake a claim to my father’s ancestral property? [ad_1] Q.My father has some ancestral property, which he says he will pass on only to my two older brothers. As an only daughter, can I stake a claim to this property? — V.N. Khosla. If the ancestral property has been split among legal heirs and ...

SBI’s personal banking advances excluding home loans cross Rs 5 trn mark SBI on Monday announced that its personal banking advances excluding high value home loans have crossed the Rs 5 lakh-crore mark. The largest lender in the country took a year to book the last Rs 1 lakh crore of advances, as against over 15 months ...