The FinTech Hub
Source: Live Mint As we are aware that the Reserve Bank of India (RBI) cut the repo rate by 50 basis points. This may continue further in the near future as the rate cut was seen as the onset of rate cut cycle by the banking regulator. Following this, one private bank has already slashed its savings…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Hindalco Industries reported a 60 percent growth in its December quarter consolidated net profit to ₹3,735 crore compared to ₹2,331 crore in the same period last year. Revenue from operations in Q3FY25 stood at ₹58,390 crore, marking an…
Source: Live Mint In the budget speech of 2025, the Finance Minister of India, Nirmala Sitharaman made numerous announcements. Some of the key announcements were for example no income tax till ₹12 lakh income when taking in account the ₹75,000 standard deduction. Further, a slew of changes in TDS and TCS. Along with the same…
Source: Live Mint BOBCARD, a subsidiary of Bank of Baroda, has unveiled its latest campaign titled #ReimagineLoveWithBOBCARD – 2.0. As the Valentine’s season kicks off, BOBCARD has announced an array of offers across a number of brands on its credit cards including Amazon, Myntra, Flipkart, Goibibo, Zomato, PVR Inox and more. Be it a romantic dinner,…
Source: Live Mint Bank of Baroda has introduced a unique alternative to traditional fixed deposits (FDs): Bob Liquid Fixed Deposits. Bob Liquid FD combines the benefits of earning higher returns from FDs with the convenience of easy liquidity associated with a Savings Account. It gives depositors the flexibility of a partial withdrawal facility without closing…
Source: Live Mint In the last few months, many banks have announced changes to their credit card rewards program. Some banks have excluded some categories from earning reward points, while some have started charging a 1% processing fee on some categories. Some banks have gone one step ahead and announced the exclusion of reward points…
Source: Live Mint Bank of Baroda has revised its tariff and a range of other features including access to airport lounges for its credit cards with effect from Jan 1, 2025. The bank released a statement which says that the access to domestic airport lounges will be based on a minimum eligible spend in the…
Source: Live Mint Before locking your money in a fixed deposit (FD), it is vital to compare the interest rates offered by different banks. Typically, most banks offer lower rates for shorter duration and higher interest for longer durations. Here we give a lowdown on one-year interest rates offered by most top banks – both…
Source: Live Mint Market outlook: The Indian banking sector showcased steady growth in 2024, delivering a year-to-date return of around 8 per cent. However, this performance lagged behind the Nifty 50’s over 11 per cent increase and a stellar 30 per cent surge seen in mid- and small-cap indices. Despite significant FII outflows, Nifty Bank…
Source: Live Mint In case you fall short of money and urgently need it, one of the most feasible options is to raise a personal loan. There could be numerous reasons for raising it. For instance, you need some money to go on a vacation abroad, or you need it to consolidate your existing loans, or…
