DSIJ Mindshare

For the shareholders of these banks, the market will decide the valuation of the merged entity. As for the employees, the merger will not make much of a difference. But it might make some difference to the depositors and borrowers of these banks.

The protection against cyber risks offered by the policies include unauthorised online transactions on bank account or through debit/credit card, damage caused to an individual’s reputation in case any harmful information is published over the internet by criminals and the costs of pursuing and defending legal actions against the offending individuals.

The TPAs act as intermediaries between the insurance company, healthcare provider and the policyholder and thereby provide vital services to the medical and insurance industry.

If you have invested in mutual funds, you may be well aware that when you sell the units of mutual funds within a specified time, you have to pay exit load on the amount realised on sale of units. The exit load is usually payable if the units are sold within one year of purchase and the load is usually 1% of the sale amount.

After Yes Bank, here comes yet another action on a private sector bank. The  Reserve Bank of India (RBI) has barred Bandhan Bank from opening new branches and has also freezed the compensation of its  CEO.