The FinTech Hub
Source: Live Mint In India a credit score is an extremely important indicator of an individual’s financial health. It influences personal loan approvals, interest rates, credit card eligibility, future loan approvals, applicable interest rates and tenure period. As of May 2025, a credit score below 650 is generally considered poor. It has the potential to…
Source: Live Mint My father was working in the armed forces and recently met with an accident which he could not survive. I was told that there is an accidental death cover of ₹5 lakh in his debit card but the same was denied saying that there was no active transaction in the last 90…
Source: Live Mint Amid a tighter monetary environment globally, personal loan borrowers are contending with elevated interest rates. That is why irrespective of your planning a new loan or struggling to manage an existing one, staying updated and informed about the current rates and repayment strategies is extremely important. On the issue of managing high…
Source: Live Mint Breakups are not just emotionally brutal – they can be financially devastating too. Think about it: shared Netflix accounts, co-signed rent agreements, couple trips on EMI, gifts bought on credit, and emotionally-triggered impulsive spending. Ouch! In India, where relationships are becoming more independent and financially entangled, budgeting for a breakup isn’t just…
Source: Live Mint In today’s financial world, having a good credit score is important for loan opportunities, high-interest rates, and reaching financial goals. It is important to note that when used responsibly, credit cards can be very effective to help you build and better your credit. This is a long and detailed example of how…
Source: Live Mint This isn’t an isolated incident, and it’s not about stocks vs mutual funds. It’s a pattern I’ve observed repeatedly over two decades of writing about investments. The most analytically gifted individuals often struggle with investing, not because they lack intelligence, but because their very strengths become their greatest weaknesses when markets turn…
Source: Live Mint An employee’s 12% basic salary goes into EPF as the employee contribution. The employer matches the employer contribution. But what many miss out on is that only 3.67% of the employer contribution is allocated to EPF while the rest 8.33% goes into EPS. Being ignorant of EPS means Mr. A would lose…
Source: Live Mint Tax on capital gains has long led to disputes in many areas. One such area is capital gains from the sale of leasehold or tenancy rights. Selling tenancy rights is quite common in Mumbai, where several tenanted properties are undergoing redevelopment. It is an accepted legal position that such rights are capital…
Source: Live Mint These can impose a heavy burden upon one of the spouses. According to lawyers that Mint spoke to, several solutions are available. While none of them is foolproof, each can reduce the risk in litigation. Why you should protect your assets Marriage is generally entered into with the thought of living ‘happily…
Source: Live Mint The ICICI Emeralde Private Metal Credit Card is a credit instrument for premium customers. It provides for exclusive benefits such as complimentary golf rounds, unlimited lounge access, concierge services along with global travel privileges. Aspirational credit card users are increasingly seeking clarity on revised features and how to reach out to the…
