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World Bank approves $1 billion aid to India to fight Covid-19

World Bank approves $1 billion aid to India to fight Covid-19

This is the largest ever health sector support from the Bank to India.


Finance ministry extends motor, health insurance validity till April 21

Finance ministry extends motor, health insurance validity till April 21

BENGALURU: In a major relief for 23 crore individual vehicle owners and 40 crore citizens, who benefit from a private or state health insurance scheme, the ministry of finance has amended the law and extended validity of insurance papers till April 21, 2020.


Savers head to safer assets on shaky markets

Savers head to safer assets on shaky markets

Experts believe that the mutual fund industry is already seeing redemption pressures.


Should you pay your EMI or avail moratorium? Find out

Should you pay your EMI or avail moratorium? Find out

The loan deferment is a welcome move for the borrowers who are facing any cash flow mismatch on account of the recent outbreak of Covid-19.


PPF, other small savings schemes see big interest rate cuts

PPF, other small savings schemes see big interest rate cuts

Govt cuts small savings interest rates for April-June by 70-140 bps The Public Provident Fund will now fetch 7.1% returns, after an 80 bps cut in its interest rate


PPF rate slashed to 7.1%, lowest in 43 years; small savings rates cut up to 1.4%

PPF rate slashed to 7.1%, lowest in 43 years; small savings rates cut up to 1.4%

The new interest rates for small savings schemes will remain in effect for the first quarter of financial year 2020-21, that is from April 1, 2020 to June 30, 2020


Coronavirus pandemic | LIC contributes Rs 105 crore to PM CARES Fund

Coronavirus pandemic | LIC contributes Rs 105 crore to PM CARES Fund

The PM-CARES Fund was set up on March 28 to raise money to deal with any COVID-19 like emergency situation and provide relief to the affected.


Covid-19 Information to Policyholders

Covid-19 Information to Policyholders

Dear Policyholders, we are committed to your safety and wellbeing. The whole nation is fighting Corona Virus COVID-19. Under these challenging circumstances, team LIC assures you that we are doing our best to ensure that critical policy services remain unaffected and you get your due payments on time.


What 3 month moratorium on repayment of term loans means for borrowers

What 3 month moratorium on repayment of term loans means for borrowers

RBI has allowed lending institutions to offer a moratorium on loan repayments.


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