The FinTech Hub
Source: Live Mint Credit cards have become an attractive financial tool for people to buy things and pay for them later. It also provides additional rewards and offers on certain transactions. If you are planning to get a credit card, an application is the first step in the process. Keeping track of credit card applications…
Source: Live Mint Indian banks and prominent financial institutions are facing margin pressure according to S&P Global Market Intelligence, as detailed in a report by ANI. The report further elaborated that loan growth in six of India’s biggest banks on an aggregate basis is expected to decline to 12.3% in the fiscal year closing March…
Source: Live Mint The race for AI supremacy is intensifying as three major players—Alibaba Cloud’s Qwen, the Chinese startup DeepSeek, and OpenAI’s ChatGPT—battle for dominance in the ever-evolving landscape of artificial intelligence. Each is pushing the boundaries of performance, efficiency, and cost, but in different ways that could shape the future of AI technology and…
Source: Live Mint Neelesh Surana, chief investment officer at Mirae Asset MF, who oversees ₹1.5 trillion in equity assets, explains how investors should navigate current market volatility, his outlook, and why the fund house is launching a small-cap fund now. Here are some excerpts from an interview. What is your outlook on the markets? The…
Source: Live Mint If you are planning to take out a personal loan, it is recommended that you compare the interest rates charged by different banks so that you can get the best deal. The interest rate charged by a bank on a personal loan is typically a function of several factors such as the…
Source: Live Mint Thanks to UPI One World, foreign nationals and non-resident Indians can now make hassle-free payments across India seamlessly. Whether you’re a first-time overseas visitor, an NRI returning to reconnect with home, a health tourist, a student or even if you’re catching up with long-distance friends, UPI One World simplifies your payment needs,…
Source: Live Mint He said asset allocation preferences are evolving, with equity accounting for up to two-thirds of portfolios and a growing appetite for alternative investment funds (AIFs) and private equity. Papneja said, “We believe that investments in AIFs and private equity will continue to grow, driven by their potential for diversification and higher returns”….
Source: Live Mint We have been talking about the Reserve Bank of India (RBI) easing interest rates for quite some time. The question now is: what is the appropriate time for the RBI to initiate this? The latest meeting of the central bank’s Monetary Policy Committee (MPC) was on 6 December. Earlier, there were expectations…
Source: Live Mint Banks monitor spending activities, regularly auditing suspicious transactions and on finding any misuse, they repeal the accumulated rewards, or worse, suspend the card. How banks monitor As per the most important terms and conditions (MITC) of banks, non-commercial credit cards can be used for personal expenses only. Non-personal usage includes buying goods…
Source: Live Mint Reserve Bank of India (RBI) Governor Shaktikanta Das, during the Monetary Policy Committee (MPC) meeting announcement on December 6, said the bank’s facility of providing credit lines through Unified Payments Interface (UPI) will now be expanded. Das said that while the facility started with commercial banks, it will now be expanded to…
