The FinTech Hub
Source: Live Mint Management consultant, educator, and author Peter Drucker famously said, “If you can’t measure it, you can’t improve it.” This idea resonates strongly in finance and investments. With the rise of digital payments and investment platforms, making and spending money is easier than ever. However, this convenience brings challenges, especially the risk of…
Source: Live Mint The latest stress test ofmutual funds reveals that the mid cap schemes will take as long as 32-34 days to liquidate 50 percent of their portfolio. At the same time, small cap mutual funds will take as long as 54 to 56 days for the same, shows the latest data shared onAMFI’s…
Source: Live Mint The changes could also have some implications for India-based employees of Switzerland-headquartered companies, freelancers working for Swiss companies, and people settled in India but earning a pension from Switzerland. Mint breaks down the impact of the development. Investors and employees with stock options Switzerland’s suspension of the MFN status for India will…
Source: Live Mint New Delhi, Dec 18 (PTI) Retirement fund body EPFO has extended time till January 31, 2025 for employers to upload wage details etc regarding 3.1 lakh pending applications for pension on higher wages. An online facility was made available by EPFO for submitting applications for validation of options/joint options for pension on…
Source: Live Mint The reliance of urban poor households on informal credit systems remains a significant challenge in the journey toward financial inclusion. Despite advancements in formal banking services, over 50% of urban poor households in India continue to rely on informal credit sources, contributing to an unorganised lending market estimated at nearly $100 billion….
Source: Live Mint Credit cards are dime a dozen these days with banks focusing on specific categories that include grocery, shopping, travel, dining, cashbacks and reward points to woo customers. How about credit cards for women? Banks are offering credit cards that are designed exclusively for women customers now. In addition to ‘HDFC Solitaire Credit…
Source: Live Mint If you fall short of funds and urgently need money for an unanticipated event, then one of the most feasible options is to avail a personal loan. Although most banks and financial institutions typically require borrowers to submit necessary documents before they give an approval on the case, some mobile lending apps…
Source: Live Mint The National Payments Corporation of India (NPCI) has sounded the alarm about a growing threat to digital payment users: the “Digital Arrest” scam. This scheme involves cybercriminals impersonating government officials to intimidate individuals into transferring money or disclosing sensitive information. NPCI has provided detailed guidance on how to recognize and avoid falling…
Source: Live Mint If you are a travel freak, or are fond of eating out – it is recommended to explore credit cards that synchronise with your indulgences. There are some cards, for instance, which not only give reward points when you make payments at the partner restaurants, but also give discounts and complimentary benefits…
Source: Live Mint Capital market regulator Securities and Exchange Board of India (Sebi) has proposed a platform to give relief to those investors who have lost track of their mutual fund investment. By releasing a draft circular on Tuesday, Sebi has expressed the intent to launch a service platform, MITRA or Mutual Fund Investment Tracing…
