Barakah Finserve

Covid-19 lockdown on storage vaults presents problems for gold ETFs

Physical market participants also noted the effect of coronavirus-related restrictions on gold trading

Barakah Finserve

Small savings schemes like PPF, NSC and SSCS see big cuts in rates

Rates of these schemes have been slashed by between 70 bps and 140 bps for the April-June quarter.Those who depend primarily on the income from these fixed instruments, may need to revisit their portfolio

Barakah Finserve

Policyholders get an extension on insurance premiums due in March

The regulator has asked life insurance companies to allow a one month extension on premiums due in the month of March 2020.Health insurers have been asked to accept a delay in policy renewals up to 30 days without deeming the same as a break in policy