Download App app-link

knowledge
center

Debt Management - (A)

Debt management refers to an informal agreement with unsecured creditors to pay off a debt over a period of time, usually by extending the time it takes to pay off the debt. As part of debt management, and SOA is offered to creditors. In this way, your disposable income, evaluated by the debt management company, …

What is bitcoin and why are there concerns over it - (A)

Bitcoin is a digital currency that was founded in January 2009. It follows the ideas outlined in a white paper by the mysterious pseudonym Satoshi Nakamoto. The identity of the people who created the technology remains a mystery. Bitcoin promises lower transaction fees than traditional online payment mechanisms and, unlike government-issued currencies, it is managed …

Significance of Artificial Intelligence in loan processing - (A)

AI as a blockchain is a revolution in technology. It makes the work of different industries easier and more efficient. The evolution of AI is leading to great revolutions in all industries, but the most useful thing about AI is loan and credit management. Automated systems cost banks 50-90% less than the labor of hired …

Recovery and Resolution of Bad Loans - (A)

The recovery mechanism is a process of implementing the recovery procedures and mechanisms necessary to restore financial assets in the event that the borrower does not repay them. An APN, as explained above, is an asset that no longer generates income and income which, if not handled properly and in a timely manner, can cause …

Recent surge in Bitcoin Pricing 2

In the most recent iteration of a sustained rise in bitcoin prices, the cryptocurrency surged more than 300% over the past year. This is the third major round of Bitcoin price spikes since 2013 – the previous two “bubbles” ended with a sharp drop of over 80%. Unlike a stock or bond, it is difficult …

Important Aspects of Nominating for Life Insurance - (A)

Due to the focus on increasing FDI in the insurance sector, an important aspect of the Insurance Amendment Act of 2015 went unnoticed. This clause makes it easier for the relatives of the insured to claim the insurance product once the insured is discharged. This clause avoids the possibility of disagreement between family members on …

Personal Accident Insurance must to cover Uncertain life-(1)

Accidents are very common these days. Whether it’s a simple fracture, a serious burn, or a car accident, serious physical disabilities can arise. When accidents do occur, there are significant costs to treatment and recovery. Also, in the event of permanent disability or death, you will lose the ability to work and lose income. While …

Pre Existing Diseases Increase Health Insurance Premiums - (A)

Existing illnesses are those suffered by the insured when contracting new medical insurance. The IRDAI defines pre-existing illness as a) any condition, illness, injury, or ailment diagnosed by a physician in the 48 months prior to the effective date of the policy issued by the insurer or its reimbursement; or b) for those within A …

Archives

Recent Posts

Tags

AFFILIATE PARTNERS