The FinTech Hub
Source: Live Mint Fintech player CheQ, founded by ex-Flipkart executive Aditya Soni, has rolled out Wisor, which is an AI-powered credit card expert, designed to turn credit card chaos into clarity. This innovation – the company believes — is set to redefine how millions of Indians interact with their credit cards, offering personalised insights, effortless…
Source: Live Mint The stock prices of private banks that have reported an increase in bad loans in their personal loans and micro-credit businesses are bearing the brunt of investors’ fears of a U-turn in the asset-quality cycle for the country’s banks, reported Reuters. RBL Bank’s shares declined as much as 5.8 per cent on…
Source: Live Mint Are you contemplating applying for a credit card and worried over the delay that the banks take in issuing it? Well, there is an alternative – you can instead apply for an instant credit card. Those who are not aware – an instant credit card is issued instantly, sometimes within a few…
Source: Live Mint How do I plan the smooth transition and safety of the estate that I have accumulated over my lifetime? -Name withheld on request The initial step in estate planning involves a thorough assessment of one’s assets and liabilities. This entails cataloguing all properties, business interests, investments, bank accounts, and personal possessions that…
Source: Live Mint Managing credit card bills can be difficult, especially when the bill amount is large. To take away this financial burden, many credit card issuers give you the option to convert the bill amount into Equated Monthly Instalments (EMIs). Although this may provide you temporary relief, it is important to know how this…
Source: Live Mint A personal loan can be a great option in helping you take care of immediate monetary needs such as paying for a medical emergency or to finance your dream vacation. However, it’s important to understand how a personal loan works through the life cycle so you can manage it responsibly and avoid…
Source: Live Mint Avir Tiwari’s wallet was so full that it couldn’t take it anymore. For the six-month-old boy, it wasn’t particularly a bad situation. However, his dad, Ekansh Tiwari, associate vice president of currencies at Natwest Group, certainly had a task on his hands. For, Tiwari had to find a way to lock the surprisingly…
Source: Live Mint The government has clarified that the Reserve Bank of India has not prohibited the use of black ink on cheques. The RBI has not prescribed specific ink colours to be used for writing cheques. The government issued this explanation after some social media posts claimed that the RBI issued guidelines prohibiting the…
Source: Live Mint Telecom major Bharti Airtel is set to offer non-banking lender Bajaj Finance’s financial products in India, the companies said on Monday, reported Reuters. At the start, Airtel will offer Bajaj Finance’s products through its mobile application, and later through its physical stores, both the companies said in a joint statement. This partnership…
Source: Live Mint If you own a credit card, it is essential to pay bills on time to avoid interest and other related fees. India’s biggest bank, the State Bank of India, offers credit cards in multiple categories. Some of the credit cards offered by SBI are SBI Simply Save, SBI Simply Click, Cashback SBI…
