The FinTech Hub
Source: Live Mint They don’t just play with them but also want to secure their future financially. Most of them give the money meant for the grandchildren to the latter’s parents. Investing in the name of grandchildren directly, unless the grandparents are their legal guardians, is not simple. Take the case of Bengaluru-based Naga Subramanian….
Source: Business Standard Under the scheme, all eligible women between the age of 21 and 60 years would receive Rs 50,000 over a period of five years between 2024-25 and 2028-29. Image: X 2 min read Last Updated : Oct 08 2024 | 4:11 PM IST Odisha Deputy Chief Minister Pravati Parida on Tuesday…
Source: Business Standard 3 min read Last Updated : Oct 03 2024 | 9:48 AM IST Market regulator Securities and Exchange Board of India (Sebi) has introduced new requirements for qualified stock brokers (QSBs) to offer either a UPI-based block mechanism or a three-in-one trading account facility to their clients from 1 February, 2025….
Source: Business Standard 3 min read Last Updated : Oct 02 2024 | 5:10 PM IST Starting February 1, qualified stock brokers will have to either offer the facility of trading in the secondary market using the UPI-based block mechanism to their clients, similar to the ASBA facility, or a three-in-one trading account facility,…
Source: Live Mint As India’s economy grows, the banking sector faces a pressing question: is the sluggish growth in Current Accounts & Savings Accounts (CASA) and deposits just a temporary dip, or the beginning of a deeper, long-term trend? With the country’s credit demand rising, the slowdown raises red flags for profitability and financial stability. …
Source: Business Standard SEBI(Photo: Shutterstock) 3 min read Last Updated : Sep 25 2024 | 9:30 AM IST The Securities and Exchange Board of India (SEBI) has introduced new guidelines to streamline the application process for public issues of debt securities. Retail investors applying for public issues of debt securities through stock brokers for…
Source: Business Standard 3 min read Last Updated : Sep 16 2024 | 5:37 PM IST The Account Aggregator (AA) framework has facilitated loans amounting to Rs 42,300 crore since its launch three years back, said Sahamati, the industry alliance for the ecosystem. During the same period till March 2024, about 4.22 million…
Source: Business Standard 2 min read Last Updated : Sep 16 2024 | 1:55 PM IST A new feature called UPI Interoperable Cash Deposit (UPI-ICD) is changing the way you deposit cash at ATMs. This innovative service allows you to deposit cash into your bank account using any UPI app, eliminating the need for…
