RBI, SEBI, IRDAI step up unclaimed assets push; ₹5,777 crore returned, stock still high

RBI, SEBI, IRDAI step up unclaimed assets push; ₹5,777 crore returned, stock still high

India’s financial regulators — the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI) and Insurance Regulatory and Development Authority of India (IRDAI) — have stepped up efforts to help citizens reclaim unclaimed financial assets, even as significant amounts remain unclaimed across the system. Data shared by the government shows that ₹5,777…

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Health insurance may become as important as roads and power in India’s 2047 growth story

Health insurance may become as important as roads and power in India’s 2047 growth story

As India eyes 2047, health insurance is emerging as critical infrastructure, with policy reforms, tech, and new products driving wider access and financial security. By 2047, India’s defining question may not be how fast it grows, but how securely it sustains that growth. As lifespans lengthen, careers extend, and aspirations rise, progress will increasingly be…

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How education loans can be planned as an investment, explains Auxilo Finserve CEO

How education loans can be planned as an investment, explains Auxilo Finserve CEO

With the rising costs of higher education in India and abroad, structuring education finance has become as critical as selecting the right course or university. Neeraj Saxena, CEO & MD of Auxilo Finserve, explains how borrowers can approach education loans as a planned investment rather than a financial burden. Saxena emphasises that education financing should…

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SEBI extends deadline for mutual fund intraday borrowing guidelines to Jul 15

SEBI extends deadline for mutual fund intraday borrowing guidelines to Jul 15

Markets regulator SEBI on Wednesday deferred the implementation of guidelines permitting mutual funds to undertake intraday borrowing from financial institutions, including banks, to July 15. The framework was earlier slated to come into effect from April 1. ”In order to address the operational challenges raised by asset management companies with respect to intraday borrowings by…

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Watch | Top fund chiefs reveal the real secret to wealth creation

Watch | Top fund chiefs reveal the real secret to wealth creation

Asset allocation, rather than chasing complex financial products, remains the cornerstone of long-term wealth creation, top fund managers told CNBC-TV18, highlighting a shift in investor behaviour towards discipline and simplicity. A Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC said the industry has evolved from explaining products to focusing on portfolio strategy,…

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