Managing your personal records

Managing your personal records

I used to find myself spring-cleaning my documents every 4-6 months. Heaps of paper collected over time – bank statements, bills, junk mail. Important papers got buried in the heaps, and I couldn’t find them when needed. Since setting up EisenVault, I have gotten my personal documents in shape as well. And in this post I’m going to […]

Records & Retention Periods in Indian BFSI companies

Records and retention periods for Indian BFSI companies

EisenVault has surveyed a number of Banks, Insurance Companies and other Financial Services companies in India. Below is a list of common types of records that these companies generate & receive, and the period they are typically required to preserve them. Customer Related Records with typical retention periods of 8 years: Savings Account Opening Forms Current […]

What are Records?

What are Records?

All companies, big or small, private or public, have large amounts of information in paper and electronic form. This information needs to be tracked, stored securely, accessed efficiently and destroyed when it is no longer needed. This is vital for better decision making, lowering overhead costs and meeting regulatory compliance requirements. What is a Record? […]