The FinTech Hub
Source: Live Mint Investors in India are exploring smart strategies to build wealth. Two prominent options are investing in gold or taking a home loan to invest in real estate. Both approaches offer their own set of advantages and disadvantages. According to Atul Monga, CEO and Co-founder of BASIC Home Loan, “The decision to invest…
Source: Live Mint The National Payments Corporation of India (NPCI) has rolled out a regime of faster response time of UPI (Unified Payments Interface) transactions. In a recent circular dated April 26, National Payments Corporation of India (NPCI) has announced a set of revised timelines for different category of UPI transactions. For request pay and…
Source: Live Mint Personal loans: At the time of applying for personal loans, it is important to check the interest rates charged by different banks – both state and private. On April 9, Reserve Bank of India (RBI) cut the repo rate by 25 basis points, thus incentivising banks to lower their interest rates on…
Source: Live Mint A credit score of 800 or above is generally considered excellent. However, many individuals with such high credit scores still face rejections, delays, and disappointment when applying for two-wheeler loans in India. According to Partha Sengupta, Chief Operating Officer at Radian Finserv, “Even with a credit score of 800, a loan application—such…
Source: Live Mint Customers, stay alert! Your automated teller machine (ATM) transaction charges are set to go up from May 1 onwards, with banks increasing charges by ₹2 for all transactions over the monthly limit. This comes after the Reserve Bank of India (RBI) said it would allow banks to increase ATM withdrawal charges for…
Source: Live Mint But, timing is the issue. These instruments are still battling low investor interest, a thin pipeline, and shallow liquidity. With mutual funds currently investing less than 0.3% of total assets in REITs and InvITs, the proposal to raise the cap from 10% to 20% may be trying to fix a problem that…
Source: Live Mint If you are a Union Bank’s Visa Gold credit card user, then the bank provides an elaborate and well-structured grievance redressal process. This process has been developed to help and support Union Bank of India’s Visa Gold credit card users and provide them with seamless and timely resolutions for their credit card…
Source: Live Mint If you are a new investor and looking for some stock market advice then there are multiple ways to do so. You can undergo a course online, attend some valuable seminar (s), speak to friends who are avid investors and most importantly, approach a Sebi-registered investment advisor. Additionally, one source of information…
Source: Live Mint Applying for a personal loan with Kotak Mahindra Bank is a simple and streamlined process, especially for salaried individuals. The bank has outlined specific documentation requirements to facilitate quick and efficient loan processing. If you are looking to avail of a personal loan, you can submit your application to any leading financial…
Source: Live Mint Akshaya Tritiya gold offers: There is good news for people seeking to buy gold on the auspicious occasion of Akshaya Tritiya this year, price of the yellow metal opened lower today due to a stable US Dollar, and eased worries over the economic fallout of Donald Trump’s tariffs war. MCX gold prices…
