Unlikely to see the same quantum of correction witnessed in March 2020 business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Bajaj Allianz Life s annuity plan provides long-term guaranteed income requirements ofpolicyholders.
Amid the COVID-19 pandemic, a robust retirement plan that offers a substantial retirement corpus to policyholders, in order to meet their medical expenses, health contingencies, etc has become the need of the hour. Some policies offer suitable ways to meet retirement expenses, and one of them is the Bajaj Alllianz Life s annuity plan- which provides guaranteed lifelong regular income for as long as one is alive. The product Bajaj Allianz Life Guaranteed Pension Goal, stands above the other financial policies for establishing a retirement plan as it locks the annuity amount at the time of purchasing the policy. (
Parameters to consider before buying a ULIP
In a world full of uncertainties, it is crucial to have a financial plan that could secure your future. This becomes even more important in light of the events of the last one year which saw over 2.7 million people across the world succumb to the deadly Covid-19 pandemic. [1] Closer home, India has also seen over 11 million infections already with almost 1.6 lakh reported deaths. To make things worse, the cases of Covid-19 are again on a rise.
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In the kind of a world that we live in, it is crucial to have a financial plan that can not only secure you financially, but also protects your family if you are not around. While the latter could be secured by buying a life insurance policy, the former goal can be achieved by long-term wealth creation.
IDFC First Bank has raised Rs 3,000 crore through QIP in which global marquee investors like BNP Paribas and Baillie Gifford participated alongside domestic players such as Bajaj Allianz Life and HDFC Life. The qualified institutional placement (QIP) closed on Tuesday and the lender issued 52.31 crore fresh equity shares at Rs 57.35 per share. On April 6, 2021, the bank has raised Rs 3,000 crore through Qualified Institutional Placement to marquee international and domestic investors by issuing 52.31 crore fresh equity shares having face value of Rs 10 each, at a price of Rs 57.35 per share, IDFC First Bank said in a regulatory filing on Wednesday. Out of this, 68.33 per cent of the allotment was made to foreign investors and 31.67 per cent to domestic investors.
Jana SFB files DRHP - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.