RISMA as the name suggests aims to create awareness about risk exposure to all human beings at a personal level and to help them in managing risks effectively and efficiently. As we all know risk exposure in life is pervasive in nature and all our actions knowingly unknowingly create risks which at times can lead to catastrophic results. We would therefore like all human beings to be equipped with knowledge to identify risks and to mitigate them effectively.
Risks in Vehicle Insurance
Driving any vehicle without third-party (TP insurance is an offence and attracts a fine of up to Rs 1,000 with a possible jail term of up to three months. Amid growing concern over vehicles plying on roads without even the mandatory third-party insurance, the road transport ministry has asked ins
RISKS in Investment for NRI’s in India
Amending rules on post office savings schemes like the National Savings Certificates (NSC and Public Provident Fund (PPF, the government has notified that such accounts would be closed prior to maturity in case of holders changing their personal status to become n
Risks in Private Banks
The RBI on Monday added HDFC Bank to the list of systemically important banks, or banks that are considered too big to fail. The other banks on the list are the two largest lenders-SBI and ICICI Bank. Since 2015, the central bank has been identifying banks whose failu
Risks in Investments
It is not only mutual funds, but most savings and investments through financial and real assets carry risks which could lead to losses for investors.
Last week, Indias largest bank cut the rate of interest on savings deposits to 3.5% from 4%.
Insurance Companies to be listed on Stock Exchange
Kolkata-based National Insurance Company has approached the government for permission to tap the capital markets through an initial public offering (IPO. Market leader New India Assurance and the national re insurer GIC Re have already firmed up their IPO plans, havin
Risk in Product Selection in Insurance
The return of premium plans is just one of the several additions the insurance industry has added to the simple term plan. Instead of plain protection against death, term plans now offer cover against disability and diseases. Instead of offering lump sum cash on death