The FinTech Hub
Source: Live Mint I am 40 years old and recently received a ₹50 lakh windfall. My current portfolio is heavily weighted towards equity mutual funds (60%), with the rest in gold and fixed deposits. Since I already have significant exposure to equities, should I consider investing this windfall in real estate with a 15-year horizon,…
Source: Live Mint The RBI recently reduced the repo rate. How does this affect interest rates on vehicle loans? Should I expect my monthly payments to decrease? What factors should I consider before taking a car loan in this scenario? – Name withheld on request With the RBI’s recent repo rate cut, we may expect…
Source: Live Mint MUMBAI : In a significant move to strengthen the digital payment security framework, the Reserve Bank of India (RBI) has proposed to enable additional factor authentication (AFA) for international card-not-present (CNP) transactions. The move aims to provide Indian consumers with an additional layer of security when dealing with foreign merchants, ensuring a…
Source: Live Mint The celebration of love on Valentine’s Day does not require expensive gifts combined with fancy dinners though many people tend to focus on these costly items. Sticking to creative strategies enables you to savour precious celebrations without having to spend a lot of money on them. The following list presents cost-effective Indian…
Source: Live Mint PM Gati Shakti is an initiative by the Government of India to accelerate infrastructure development through integrated planning and proper execution. What is the PM Gati Shakti scheme? The PM Gati Shakti scheme integrates infrastructure schemes across ministries. It focuses on enhancing connectivity and boosting the competitiveness of Indian businesses. It facilitates…
Source: Live Mint Credit cards are no longer a luxury but have become a necessity. With credit cards you can earn rewards and cashbacks every time you make a transaction through your card. If you have a Kotak Mahindra Bank credit card, you can activate it in quick and easy steps. In conclusion, you must…
Source: Live Mint Credit cards are a convenient way to make transactions online without spending cash immediately from the bank. With credit cards, the card issuer makes the payment on your behalf and you do not have to worry about the repayment until the next due date. If you are planning to make an online…
Source: Live Mint Kotak Mahindra Bank offers credit cards through which you can enjoy discounts and rewards on travel, dining, entertainment and even everyday transactions. However, before you apply for a Kotak Mahindra Bank credit card, you must carefully understand the eligibility criteria as well as the documents required so that you can get the…
Source: Live Mint In the last few months, many banks have announced changes to their credit card reward program and fee structure. IDFC FIRST Bank is the latest to join that list with the changes taking effect from 20th February. So, what are these changes, and how will they impact IDFC FIRST Bank credit cardholders?…
Source: Live Mint According to Paisabazaar’s, its free credit score service has been utilized by more than 50 million users. Since its 2017 inception this program has transformed India’s credit market by enabling 16% of the nation’s active credit score users to access their scores through Paisabazaar’s platform. Improved credit scores for millions The company…
