The FinTech Hub
Source: Live Mint Before opening a fixed deposit (FD) account with a bank, it is better to compare the interest rates offered by different lenders. Higher the interest offered, greater the income for the depositor. Someone who deposits ₹5 lakh in a fixed deposit (FD), an extra 50 basis point interest offered on it leads…
Source: Live Mint Federal Bank provides for several channels through which credit card users can reach out to the bank and seek assistance. The leading financial institution has, in response to the growing demand of efficient customer service, has bolstered its credit card support infrastructure. The objective of this write-up is to discuss several simple…
Source: Live Mint The Indian stock market indices, Sensex and Nifty 50, are expected to see a muted opening on Tuesday, following a weakness in global markets. The trends on Gift Nifty also indicate a lower opening for the Indian stock market today. On Monday, the domestic equity market extended the rally for the fifth…
Source: Live Mint Before starting a fixed deposit (FD), it is common for depositors to compare the interest rates offered by different banks so that they can maximise the income earned on it. Typically, banks offer high interest on their long term deposits and low when the deposit is made for a short period. A…
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 Paytm, Coforge, Federal Bank are among the top contenders to be included in the MSCI India Standard Index in its upcoming rebalancing. MSCI rebalancing announcement is scheduled for February 11 after market hours and will be effective from March 3. According to brokerage firm JM Financial, there is high-probability for inclusion of…
Source: Live Mint The Federal Bank has revised its fixed deposit interest rates starting Jan 10, 2025. Now this private bank offers up to 8 percent interest rate per annum on its FDs. The highest interest rate is now given on a tenure of 444 days. The highest rate is 7.5 percent for general citizens and 8…
Source: Live Mint The upcoming MSCI index review for February 2025 is likely to bring significant changes, with five stocks having a high probability of migrating from the MSCI Small Cap Index to the Standard Index. These anticipated inclusions in the MSCI Standard Index are Coforge, One 97 Communications (Paytm), Coromandel International, UNO Minda and…
Source: Live Mint The techie, whose third visit to his favourite destination was for his honeymoon in November last year, sayshe prefers Vietnam over Goa for two reasons: it is more tourist-friendly and costs nearly the same. “You basically get to experience a new country at the cost of domestic holidays, which feels amazing,” Harsh…
Source: Live Mint Have you been planning to raise a personal loan lately? It is recommended to first compare the interest rates charged by different banks and non banking financial corporation (NBFC). Typically, personal loan interest rates are relatively higher because they are unsecured and banks, therefore, make up for the risk of loss of…
