Thursday, September 17News That Matters

Finance

HDFC ERGO Urges Online Health Insurance Buyers to Look Beyond Premium Costs

HDFC ERGO Urges Online Health Insurance Buyers to Look Beyond Premium Costs

Finance
New Delhi [India], September 1: Online medical cover has made comparison quicker, but a low premium alone does not reveal whether a product suits an individual’s actual healthcare needs. Through this discussion, HDFC ERGO highlights why informed consumers should consider protection, service support, hospital access and applicable conditions together. A balanced review helps people understand what they are paying for, how the chosen cover could respond during treatment and whether it can remain useful as personal or family requirements change over time. Why Premium Shouldn’t Be the Only Deciding Factor HDFC ERGO explains that premium is only the starting point of comparison. An option can appear affordable but provide narrower features, lower limits or cost-sharing conditions that ...
Personal Loan in India: A Comparison Guide

Personal Loan in India: A Comparison Guide

Finance
New Delhi [India], August 21: Availing a Personal Loan is a convenient way to meet your financial needs almost instantly. You can use it for various personal needs like medical needs, weddings, home renovations, and travel. To avail a Personal Loan, you require minimal documentation and no collateral, making them the easiest option. Here are some comparisons you can make between your different loan options to choose the best Personal Loan in India. Consider Different Banking Partners Different banks offer Personal Loans at different interest rates. The loan amount, tenure, and processing charges may also vary. They may also have different eligibility criteria that determine whether you get approved for the loan or not. Compare your options and choose a bank that is rel...
A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO

A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO

Finance
New Delhi [India], February 10: A nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man. The annual premium was ₹2 lakh. The maturity date of the policy was the year 2124. This was not a hypothetical case or an isolated error, it happened. The Reserve Bank of India has since taken note. In its February 2026 policy statement, the RBI proposed comprehensive guidelines to curb mis-selling by banks, including mandatory suitability assessments and stronger accountability for staff. The issue has grown too large to ignore. But regulation alone will not fix it. What families truly need is a fundamentally different kind of advisor. This type of mis-selling stories led to the launch of NYVO. The founders of NYVO, Harsh and Kshitij, are veterans in financial services. Ha...