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Innovative personal finance products

420 bytes added, 06:44, 2 January 2007
/* India: Financial trends */
* Airlines, railways and others are now selling tickets online and it is cheaper than buying through an agent or from the airline. You need a credit card to buy these online.
* Pension funds are still big in India. Not clear if India will go the US route of defined contribution plan (as opposed to defined benefit plan)
 
=== Reimbursements ===
<table>
<tr>
<td>[[Image:PersFin WesternUnion.jpeg|thumb|center|400px|Reimbursements to India are growing]]</td>
<td>[[Image:PersFin WesternUnion 2.jpeg|thumb|center|400px|[http://timesofindia.indiatimes.com/NEWS/India/Trillion-dollar_investment_hope_spurs_govt_into_action/articleshow/889333.cms India receives $23 billion a year in foreign remittances]]]</td>
</tr>
</table>
*
 
=== Microfinance ===
[[Image:PersFin Microfinance.jpeg|thumb|center|420px|Microfinance is a major trend in India]]
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