The FinTech Hub
Source: Live Mint Imagine this – Over 119 million Indians are actively monitoring their credit scores, with a majority emerging from rural and semi-urban areas. This growing financial consciousness is not just a trend but a quiet revolution reshaping India’s economic foundation. Technology is dismantling traditional barriers to financial inclusion, and the importance of maintaining…
Source: Business Standard The RBI also asked them to refer to the accessibility standards issued by the Ministry of Finance in February. (Photo: PTI) 2 min read Last Updated : Oct 11 2024 | 4:42 PM IST The Reserve Bank of India on Friday asked banks to review their payment systems to ensure easier…
Source: Business Standard Mutual Funda(Photo: Shutterstock) 2 min read Last Updated : Oct 09 2024 | 2:19 PM IST Appreciate, a Sebi-registered fintech company, said on Wednesday it has made the first low-ticket mutual fund transaction on the Open Network for Digital Commerce (ONDC). The first transaction was of Rs 100 and was done in…
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 2:07 PM IST Google India has announced a partnership with Muthoot Finance, a non-banking financial company (NBFC) specialising in gold loans. The partnership will provide gold-backed loans to small businesses and consumers, especially in rural areas, through Google Pay. …
Source: Business Standard Illustration: Binay Sinha 2 min read Last Updated : Sep 27 2024 | 3:16 PM IST Grip Invest has said millennials comprise 63 per cent of all corporate bond investors on its investment platform, marking how a “niche asset” has become a “mainstream choice”. Click here to connect with…
Source: Business Standard RBI DG Swaminathan Janakiraman 2 min read Last Updated : Sep 25 2024 | 7:07 PM IST Having achieved success in improving access to banking services, there is a need to improve the usage of facilities, Reserve Bank Deputy Governor Swaminathan J has said. The career commercial banker-turned-central banker exhorted…
Source: Business Standard 3 min read Last Updated : Sep 23 2024 | 5:22 PM IST LIC Mutual Fund is set to introduce a new daily Systematic Investment Plan (SIP) option starting at Rs 100, according to media reports. This move aligns with the Securities and Exchange Board of India’s (SEBI) initiative to promote micro-SIPs…
Source: Business Standard Prime Minister Narendra Modi at the launch of the Subhadra Yojana in Bhubaneswar on Tuesday | Photo: PTI 3 min read Last Updated : Sep 20 2024 | 1:39 PM IST Odisha introduced the Subhadra scheme for women on Prime Minister Narendra Modi’s birthday on Tuesday. The scheme aims to support…
