De Jargoned News

Money

Q&A: Insurers are likely to decline life cover or increase premium for diabetes patients

Insurers may be open to give life cover to diabetes patients if sum assured and term are low as the risk will be less then

2 min read14 May 2018
Money

3 questions you must ask your financial adviser or distributor before hiring

There are close to 50,000 mutual fund distributors in the country and 918 Sebi-registered RIAs. How do you choose the right distributor or investment adviser?

2 min read14 May 2018
Money

De-jargoned: Active and auto choice in NPS 

There are four investment funds that it currently offers. And you can choose from two investment strategiesactive choice and auto choice

2 min read6 Mar 2018
Money

De-jargoned: Market correction

Technically speaking, a correction is defined as a 10% fall in price of an index or a stock from its 52-week high

2 min read26 Feb 2018
Money

De-jargoned: Letter of undertaking

LoUs are used by a bank's customer to avail short-term credit in a foreign country. These transactions are not retail in nature and are mostly used by businesses for import of goods

2 min read22 Feb 2018
Money

De-jargoned: Ombudsman for NBFCs

RBI has decided to introduce an ombudsman scheme for NBFCs to provide customers of NBFCs with a cost-free and expeditious grievance redress mechanism

1 min read11 Feb 2018
Money

The advantages of password managers

Password manager allows you to store all your passwords and use them with a master password

2 min read24 Jan 2018
Money

Partial withdrawal of contributions from the National Pension System

Only those NPS subscribers who have completed 3 years in the system would be eligible to apply for partial withdrawals

2 min read17 Jan 2018
Money

Impact of TRI indices on mutual funds

Mutual funds houses are moving from a price-return index (PRI) system to a total return index (TRI) system. As a result, you may see your mutual fund investments a little differently now

2 min read16 Jan 2018
Money

How a cash recycler machine differs from an automated teller machine

Unlike an ATMfrom which you can only withdraw cashcash recyclers allow you to deposit cash as well

2 min read9 Nov 2017
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