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whalesbook. com > news > English > bankingfinance > Elderly-Mis-selling-Sparks-RBI-Crackdown-on-Bank-Insurance-Sales > 69887e1bb81b2b81dcfd6055

Elderly Mis-selling Sparks RBI Crackdown on Bank Insurance Sales

2+ mon, 1+ day ago  (463+ words) An alleged mis-selling incident involving a 90-year-old customer at Canara Bank, with a life insurance policy carrying an unusually long maturity date of 2124, has intensified scrutiny on bancassurance practices. The Reserve Bank of India is preparing comprehensive guidelines to address…...

Whalesbook
whalesbook. com > news > English > economy > Budget-2026-Experts-Demand-Home-Loan-Health-Cover-in-New-Tax-Regime > 69782988657adf9c86c556ef

Budget 2026: Experts Demand Home Loan, Health Cover in New Tax Regime

2+ mon, 2+ week ago  (250+ words) Whalesbook Medical inflation in India, projected at 11. 5%-14% annually, is placing significant pressure on household finances This escalating cost fuels a strong demand for tax relief measures in the upcoming Union Budget 2026 Experts argue that the current new tax regime, while…...

Whalesbook
whalesbook. com > news > English > bankingfinance > Canara-Bank-Raises-FD-Rates-Senior-Citizens-Gain-Most-from-Special-555-Day-Deposit > 6965296448839f428384da62

Canara Bank Raises FD Rates: Senior Citizens Gain Most from Special 555-Day Deposit

2+ mon, 4+ week ago  (229+ words) Canara Bank has revised its fixed deposit interest rates, offering senior citizens the highest callable rate of 7% on its 555-day deposit, effective January 5, 2026. This move, along with similar adjustments by Bank of Baroda and Bank of Maharashtra, aims to attract…...