The FinTech Hub
Source: Live Mint In India, a bounced cheque can have an immensely negative impact on your overall integrity. It can also have serious legal and financial consequences. Now, given a single instance of a cheque bounce may not directly impact your credit score, repeated occurrences of such events can indirectly affect your creditworthiness, integrity along…
Source: Live Mint Credit Cards: If you are using a credit card and toying with the idea of getting it cancelled, it is recommended to be mindful of a number of key factors. First of all, it is rational to get the card cancelled when it has a huge annual fee. Else, when you already…
Source: Live Mint Old vs new tax regime: As the financial year has ended, taxpayers will now begin gathering their documents to file their income tax returns (ITR) before the deadline of July 31, 2025. Just like last year, one key question taxpayers must ask themselves is whether the new tax regime is the right…
Source: Live Mint If long term wealth generation is your goal, remember that remaining invested is the key. It is common among investors to examine the past returns before they start investing into one particular mutual fund scheme. The past returns give an indication of how a scheme is likely to perform in the near…
Source: Live Mint As financial literacy, knowledge of credit management, credit scores and credit profiles etc., continues to gain traction across the country, understanding what constitutes a good credit score has become increasingly important, especially for residents of metropolitan cities such as Bangalore. It is important to remember that a strong credit score goes a…
Source: Live Mint In today’s rapidly evolving digital age credit card transactions have now become commonplace in India. Still, instances of extremely high and incorrect charges or unauthorised transactions are not at all uncommon. That is why, clearly understanding the dispute resolution process is important for credit card users to safeguard and defend their financial…
Source: Live Mint With India’s socio-economic landscape rapidly evolving—driven by a growing young population entering the credit market and rising consumption demand in rural areas—financial management has become an increasingly important topic. This shift has brought greater focus on financial education and literacy, particularly in the realm of personal finance, lending, and borrowing. Financial literacy…
Source: Live Mint I’m a first-time borrower planning to apply for a home loan. How do banks and non-banking finance companies (NBFCs) assess creditworthiness in such cases? Do NBFCs offer any advantages over traditional banks for first-time applicants? What key factors should I keep in mind before taking a housing loan?” -Name withheld on request …
Source: Live Mint Ever since the Reserve Bank of India’s (RBI) monetary policy committee on April 9 cut its repo rate by 25 basis points, a number of banks – mostly in the public sector – have slashed their repo linked lending rates (RLRR) on home loans. These banks which have reduced their RLRR are…
Source: Live Mint Converting credit card purchases into EMIs can provide an effective approach to handling a large purchase. Generally, there will be fees associated with this convenience, which may be different based on the credit institution. In order to make sound financial choices in your best interest you need to understand these fees. Factors…
