The FinTech Hub
Source: Live Mint HDFC Bank offers a range of credit cards tailored to suit your lifestyle and financial goals. These cards provide cashback, rewards, exclusive deals, and programs to help you maximise savings on your favourite brands. However, if you’re planning to close your HDFC credit card, follow these simple steps: Sending a written request…
Source: Live Mint Unexpected costs can arise at any time, as life is full of surprises. Sometimes, especially if you’re self-employed, a freelancer, or experiencing a brief gap in income, it’s not possible to provide traditional proof of income. While it may be challenging, obtaining a personal loan without income verification is not impossible. In…
Source: Live Mint A loan moratorium is a period during which debtors are protected from having to pay Equated Monthly Instalments (EMIs) and other repayments. It temporarily suspends the repayment of a loan. However, the specific terms of a loan moratorium can vary significantly depending on the lender, the type of loan, and the circumstances…
Source: Live Mint The Association of Mutual Funds in India (Amfi) recently released the updated half-yearly data on market capitalization classifications for listed stocks. As defined by the Securities and Exchange Board of India (Sebi), largecaps are the top 100 companies by market capitalization, midcaps are ranked 101 to 250, and smallcaps are those ranked…
Source: Live Mint The GST portal has been facing issues related to filing GSTR-1. On Thursday, GST Network posted an update on X, highlighting the problem. A message on GST Network’s social media handle, GST Tech, reads: “GSTN hereby acknowledges the issue being faced regarding GSTR-1 summary generation and its filing. It is to inform…
Source: Live Mint Days before MahaKumbh Mela 2025, the digital wallet and payment app Phone Pe, in collaboration with ICICI Lombard General Insurance company, has launched a ‘first-of-its-kind’ insurance policy for devotees. The insurance will be offered in two variants: ₹59 per person for those travelling by bus or train and ₹99 per person for…
Source: Live Mint For those ready to step into this challenging but rewarding field, there are three key paths: obtaining a Mutual Fund Distributor (MFD) licence, registering as a Sebi Investment Advisor (RIA), or qualifying as a Sebi Research Analyst (RA). Each route offers distinct opportunities and challenges, shaping your role in India’s financial ecosystem….
Source: Live Mint Unified Payments Interface (UPI) transactions hit a record high of 16.73 billion in December 2024, a rise of 8 per cent from November data with 15.48 billion transactions, according to data released by the National Payments Corporation of India (NPCI). With the rising popularity of UPI, credit card users are now opting…
Source: Live Mint Banks that are part of unified payment interface ( UPI) functionality tend to lose access to URCS or Unified Real-time Clearing and Settlement if they enter the wrong password three times. In such instances, banks are compelled to reach out to the National Payments Corporation of India (NPCI) to reset the password…
Source: Live Mint Mutual Fund folios hit at all-time high of 22,50,03,545 in December 2024, revealed the latest data released on Thursday by the Association of Mutual Funds in India (AMFI). Retail mutual fund folios (which include equity, hybrid, and solution-oriented Schemes) were at an all-time high of 17,89,93,911 for the month of December 2024,…
