Have loan but lost job or other source of income due to pandemic? RBI to give you respite

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a close up of text on a white background: Have loan but lost job or other source of income due to pandemic? RBI to give you respite


© Provided by The Financial Express
Have loan but lost job or other source of income due to pandemic? RBI to give you respite



a close up of text on a white background: RBI Monetary Policy, home loan, car loan, education loan, gold loan, loan against securities, personal loan, consumer durable loan, Personal Loan Restructuring, Covid-19 pandemic, EMI moratorium


© Provided by The Financial Express
RBI Monetary Policy, home loan, car loan, education loan, gold loan, loan against securities, personal loan, consumer durable loan, Personal Loan Restructuring, Covid-19 pandemic, EMI moratorium

Apart from the EMI moratorium during the Covid-19 lockdown, you may get more respite on repayment of your personal loan-including home loan, car loan, education loan, gold loan, loan against securities, etc-if you have lost your job, suffered losses in your business or source of your income has dried up, as the Reserve Bank of India (RBI) has proposed a Personal Loan Restructuring scheme in its Monetary Policy Meet (MPC) on Thursday, August 6, 2020.

You may get benefit of the scheme in case you have taken the loan before March 31, 2020 and

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What Does the Success of Lemonade and Other Insurtech Companies Mean For the Future of Insurance?

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By Rashik Adhikari

In a world where COVID-19 cases are rising by the day, having the right and adequate personal insurance is more critical than ever. Because of COVID-19, the risks around us are heightened but our risk tolerance is low. We all are thinking about ways to better protect what we love, including what insurance to buy. As the world around us changes with social distancing in effect, so does the way we buy and manage personal insurance.

The process of buying insurance is transforming and insurance brokerages need to evolve to meet today’s consumers where they are: at the intersection of ease and transparency. Companies like Lemonade have figured out how to harness the power of tech to reshape the way consumers experience and purchase insurance so that the process is simple, intuitive and empowering.

One of the most salient representations of such transformation of the insurance industry

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Yes, There’s Reason For Optimism On The Economy. Just Don’t Overdo It

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Chief Investment Officer at Cetera Financial Group (@CeteraFinancial). Find more insights at Cetera Investment Management (@CeteraIM)

Any forecast at the start of 2020 could not have predicted the unthinkable: that a global pandemic would threaten millions of lives and livelihoods and quickly lead to a staggering economic decline. In our own outlook early in the new year, I noted favorable trends ahead, such as continued but slower growth in GDP, a strong job market, positive consumer spending and confidence, and solid stock market performance. That seems like a different time now. The only things that still hold true from six months ago are the historically low interest rates and the looming election, though the economics and politics of the pandemic have intensified the discourse of this campaign season.

Now, months into the Covid-19 crisis, there are ongoing concerns in the face of unprecedented unemployment, the closing and

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