Punjab and Sind Bank reports account of IL&FS Financial Services (IFIN) as fraud account to RBI

The scam at the IL&FS group came to light in September 2018 after several group entities defaulted on repayments due to severe liquidity problems. Later, the government superseded the board of directors to revive the ailing group. Go to Source

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ET Wealth Wisdom Ep 92: This festive season, should you take the gold ETF route to invest in gold?

In this podcast, Chitan Haria of ICICI Prudential Asset Management talks about why gold is giving better returns as compared to shares and debt in 2020, why people are taking the ETF route and what are the risks involved in investing in ETFs. Host: Tania Jaleel; Producer: Paramveer Singh Go to Source

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Google Pay users can now use ETMONEY to invest in mutual funds, NPS

The integration of ETMONEY’s feature on Google Pay will help its users have a seamless experience without leaving the platform. This collaboration will allow Google Pay users to identify the right MF schemes and invest in them within minutes using their Google account and Unified Payments Interface (UPI) ID. Go to Source

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Contract of insurance is of utmost good faith, says Supreme Court

The apex court said this while setting aside the March this year verdict of the National Consumer Disputes Redressal Commission (NCDRC) which had dismissed the plea of an insurance firm against the order asking it to pay full death claim along with interest to the mother of the deceased. Go to Source

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