The FinTech Hub
Source: Business Standard 4 min read Last Updated : Sep 11 2024 | 8:06 PM IST The outstanding balance in the Sukanya Samriddhi Yojana (SSY) grew from Rs 77,472 crore in February 2023 to Rs 1 lakh crore in February 2024, according to data from the Reserve Bank of India. SSY registered a 41…
Source: Business Standard Additionally, the regulator has asked trading members to report their exposure under MTF by 6:00 PM on T+1 day. | Photo: Shutterstock 2 min read Last Updated : Sep 11 2024 | 7:28 PM IST To promote ease of doing business, markets regulator Sebi on Wednesday allowed securities funded through cash…
Source: Business Standard Dreaming of sending your child for foreign education? But have you thought through the finances? A growing number of Indian parents are sending their children abroad for higher studies, but the latest HSBC Quality of Life Report 2024 suggests that this could come at the cost of their own financial future….
Source: Business Standard Naveen Tewari, Co-founder and CEO of inMobi 2 min read Last Updated : Sep 11 2024 | 6:42 PM IST Softbank-backed InMobi today announced that it has raised $100 million via a debt financing agreement from MARS Growth Capital, a joint venture between MUFG and Liquidity Group. The funds will be…
Source: Business Standard 4 min read Last Updated : Sep 11 2024 | 2:24 PM IST Prism Johnson share price moved to a new all-time high for a second consecutive day, touching a record high of Rs 246.10 on Wednesday. The share price surged 18 per cent on the BSE in today’s intraday trade…
Source: Business Standard 2 min read Last Updated : Sep 11 2024 | 6:23 PM IST Are you still paying out-of-pocket despite having insurance? Private insurer Magma HDI has introduced two new add-ons to its motor insurance policy that could help reduce these unexpected costs. Announced on Wednesday, the new offerings include the ‘Zero…
Source: Business Standard With premiums high and volatility low, using options structures such as capped forwards is recommended, according to QuantArt’s Lodha. The cost of using a capped forwards is about 55%-65% lower than using forwards (Photo: Shutterstock) 2 min read Last Updated : Sep 11 2024 | 2:36 PM IST Indian importers are…
Source: Business Standard 3 min read Last Updated : Sep 11 2024 | 5:26 PM IST The Jharkhand government has announced a medical insurance scheme of Rs 5 lakh for lawyers in the state, a move which is expected to benefit about 30,000 legal professionals. The decision was made during a Cabinet meeting led by…
Source: Business Standard 3 min read Last Updated : Sep 11 2024 | 2:50 PM IST Persistent Systems shares rose 1.8 per cent to hit an all-time high of Rs 5,369.25 per share on the BSE after the company signed an asset purchase agreement with SoHo Dragon to acquire some of its assets. At…
Source: Business Standard 3 min read Last Updated : Sep 11 2024 | 4:01 PM IST Do you take good care of your vehicle? Many people do, knowing that a car is an expensive asset. But despite your car’s fitness, after 15 years, the registration certificate (RC) expires, and you’re faced with the process…
