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Jan Dhan Yojana: Govt doubles overdraft limit to Rs 10,000

According to the Cabinet decision, the overdraft facility for the accounts opened under the new scheme will be doubled to Rs 10,000 from Rs 5,000, and Rs 2,000 will be without conditions. The age limit for availing the overdraft facility has also been increased to 65 years from 60 years.the accident insurance cover available on the Rupay debit card linked with the new insurance account has been doubled to Rs 2 lakh from Rs 1 lakh.

Manipal Group forays into health insurance,buys stakes in Cigna TTK Health Insurance

Ranjan Pai, Chairman, Manipal Education & Medical Group (MEMG) said: “The two organisations are a good cultural fit. The combination of Cigna‘s global expertise in health and wellness, its ability to offer customized solutions for the Indian market, and Manipal Group’s integrated healthcare expertise with multi-specialty hospital networks will create a true differentiation for healthcare in India.”

Are notes in your pocket making you sick?Traders body wants FM to investigate

The traders’ body quoted findings from various studies which claimed the notes were contaminated with disease causing pathogens and warned of their potential to transmit several diseases including urinary and respiratory tract infections, septicaemia, skin infections, recurrent meningitis, toxic shock syndrome and a variety of gastro-intestinal diseases.