Category: Finance
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Insurance Malpractices LIC Withdraws 34 Policies
What happens next is that you are sold a Policy on which the Agent gets a hefty commission. Though the commissions are said to be uniform some policies do attract a better commission than the others because of the high risks to the insured and better returns to the insurer. Many simply sign on the…
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Secret Files Expose Offshore Funds ICIJ Story.
International Consortium of Investigative Journalists (ICIJ) was founded in 1997. Its mission is to expose the polluting industries, transnational crime networks, rogue states, and the actions of powerful figures in business and government. For details Link is provided at the end of the post. Most of us know that ill-gotten wealth by all and sundry,…
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Banks May Seize Your Small Savings
Most of us are aware of the Financial Crisis, when the Government seized amounts from the Bank account of small investors to manage its financial crisis, which triggered of a run on Banks . by people rushing to ATMs to withdraw their cash. To defuse the situation the EU ,along with the creditors mainly Germany,…
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Home EMI Default,Taking Corrective Action
Buying a Home through Home Loans is the norm of the Day. Days are past when being a Debtor was considered a Sin and attracted social ostracism. Now if you do not have a Credit card or Loan EMI, you do not belong to the uppity group. Now that you have availed of Home Loan,…