The FinTech Hub
Source: Live Mint Ace investor Ashish Kacholia-portfolio stock, Balu Forge Industries, has witnessed a notable rally recently, driven by heightened investor interest. Balu Forge stock has also garnered increased attention from Foreign Institutional Investors (FIIs) during the September 2024 quarter. According to the latest shareholding pattern, Foreign Portfolio Investors (FPIs) raised their stake in the…
Source: Coin Tegraph Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal. Read Full Article
Source: Live Mint A good credit score increases your chances of getting a loan or credit card approved, provided you fulfil the other eligibility criteria. However, the higher the credit score, the higher the negotiating power you have to get better terms from the bank. These include a higher loan amount, a lower interest rate,…
Source: Coin Tegraph FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance and systemic vulnerabilities. Read Full Article
Source: Live Mint (Bloomberg) — Vinted, Europe’s largest online marketplace for second-hand clothes, is ruling out an initial public offering for now as it focuses on expanding beyond fashion. It’s easier to deal with five or six investors than to have to appease a large shareholder base, Chief Executive Officer Thomas Plantenga said on Thursday….
Source: Bitcoinist Bitcoin has entered an explosive bullish rally, breaking all-time highs seven times over the past eight days. This sustained surge has set new price records and pushed its market cap above $1.809 trillion, placing it ahead of Saudi Aramco, the oil giant valued at $1.79 trillion. Now positioned as the world’s 7th largest…
Source: Coin Tegraph DeFi needs regulation to build trust, attract institutional investment, and ensure long-term viability despite its decentralized nature. Read Full Article
Source: Live Mint Zinka Logistics Solutions IPO: The initial public offering (IPO) of Zinka Logistics Solutions Ltd has been witnessing subdued demand so far. The Zinka Logistics Solutions IPO opened for public subscription on November 13, and will close on November 18. Zinka Logistics Solutions IPO is India’s largest digital platform for truck operators in…
Source: Live Mint State Bank of India (SBI) has raised the marginal cost of funds based lending rates, MCLR, with effect from Friday. The tenures for which the interest rates have risen are three months, six months and one year. The bank now charges 8.55 percent on its 3-month tenure instead of 8.5 percent, 8.9…
Source: Coin Tegraph According to EDX Markets, its average daily volume rose by 59% over the third quarter of 2024. Read Full Article
