• Unsecured Loans

    Banks decide to extend unsecured personal loans for Covid treatment

    Public Sector Banks (PSBs) have decided to make available unsecured personal loans to individuals to meet the expenditure for Covid treatment. Further, they will also be extending loans to improve the healthcare infrastructure. This is with a view to create a Covid loan book as per the Reserve Bank of India’s May 5 announcement that it will provide term liquidity facility of ₹50,000 crore to banks to ease access to Emergency Health Services. Individuals (salaries, non-salaried as well as pensioners) will be offered unsecured personal loans for Covid treatment of self and family members. The minimum and maximum amount of  

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  • Business Management

    Company Insights for the Business Management Schools Industry

    Get Free Access to all Industry Trends Key Insights Provided for Business Management SchoolsIn addition to the impact of emerging trends on businesses, BizVibe company profiles contain numerous high-quality insights to help users discover, track, compare, and evaluate suppliers or sales prospects: Industry challenges with their relevance and influence segmented by geography Risk of doing business score segmented by operational, financial, compliance, and country risk Top company competitors at the global, regional, and national levels Names of top company decision makers, their job titles, and social profiles Company financials such as annual revenue, profitability ratios, and management effectiveness Latest  

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  • Business Analysts

    Get to know Amazon’s new cloud-computing chief, ‘water skier, wine guy’ Adam Selipsky

    Amazon’s main money-spinner has a new boss. Ex-Tableau Software CEO Adam Selipsky returned to his old stomping grounds at Amazon Web Services this month — this time at its helm. Selipsky, 54, who worked for 11 years overseeing marketing, sales, business development and customer support at Amazon’s cloud-computing division before heading to Tableau, is taking over from Andy Jassy. The latter is replacing Jeff Bezos as Amazon CEO in July. AWS has grown rapidly in the five years that Selipsky has been gone. The division’s annual revenue has jumped nearly fourfold, from $12.2 billion in 2016 to $45 billion last  

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  • Business Accounting

    Law Firm Deregulation Programs Gain Speed in Utah, Arizona (1)

    Efforts to allow non-lawyers to own law firms in Arizona and Utah are picking up steam, as participating companies say it’s inevitable that more states will be following similar paths. Utah’s regulatory “sandbox” and Arizona’s “alternative business structures” program are being closely watched by the country’s largest law firms like Snell & Wilmer, which is actively weighing the possible benefits. “Snell & Wilmer has considered and is considering opportunities that these changes may present to a traditional law firm,” said Mark Morris, a Salt Lake City-based partner with the firm, which also has offices in Phoenix and Tucson, Arizona. The  

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  • Financial Management

    Financial management software, Civic Center improvement bids awarded | News

    Heath also said that while the annual cost is more expensive than what the city pays for its current software, he believes it will really be a break even because of the time it will save staff to use it. “It’s going to be much easier for staff,” he said. “My guess is that $53,000 may almost be a break even with staff time and what they have to do.” The council voted 8-0 in favor of awarding the bid to Tyler Technology. The council also voted unanimously for awarding a bid to Anderson Shaw Construction for $711,646.08 for improvements  

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  • Home Insurance

    South Florida resident details what it’s like to drop home insurance, self-insure

    WEST PALM BEACH, Fla — As the insurance industry raises premiums following rising litigation costs, some homeowners are looking at going it alone. They are dropping traditional insurance and deciding to self insure. But what are the positives and downsides of this strategy? MORE: Is self-insurance good idea for Florida homeowners? Once her homeowner’s insurance company dropped her, Stephanie Namnum said the decision to go without insurance wasn’t hard. WPTV Stephanie Namnum explains the decision to self-insure her home, ditching a standard insurance company. “We debated for the last five years but finally this year kind of pushed us  

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  • Finance

    Personal Finance Author’s Pieces of Investing Advice From Grandmother

    If you buy through our links, we may earn money from affiliate partners. Learn more. Personal finance author Jennifer Barrett learned how powerful investing could be by watching her grandmother.  “My maternal grandmother, born in 1912 in Perth Amboy, New Jersey, didn’t fit anyone’s stereotype of a wealthy person,” she wrote in her book, “Think Like A Breadwinner.” Her grandmother was a single woman who raised two children and worked for years as a secretary. But she was able to build an investing portfolio worth $500,000 by the time she died.  The strategies she used weren’t get-rich-quick strategies or advanced  

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  • Insurance

    FEMA’s flood insurance overhaul could entrench inequities in coastal cities

    Flood insurance is designed to help protect families from bankruptcy when disaster strikes. However, a new policy being rushed into place by the Federal Emergency Management Agency (FEMA) threatens to transform the National Flood Insurance Program from a financial lifeline into a crippling financial burden for thousands of low-income families in coastal cities. This policy, which FEMA first promoted as “Risk Rating 2.0” and has recently been rebranded as “Equity in Action” is anything but equitable. The policy has been designed in a black box that doesn’t allow communities or property owners to proactively understand how their flood insurance premiums  

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