The FinTech Hub
Source: Live Mint Billionbrains Garage Ventures Pvt. Ltd. has picked banks including JPMorgan Chase & Co. and Kotak Mahindra Bank Ltd. for a potential Mumbai initial public offering, according to people familiar with the matter. The company behind financial services platform Groww Invest Tech Pvt. Ltd. could proceed with an IPO this year, the people…
Source: Live Mint Indian Stock Markets: Metropolitan Stock Exchange of India Ltd will see investments by Billionbrains Garage Ventures ( parent company of Groww), Zerodha’s Kamath brothers Fund Rainmatter, Share India Securities Ltd & Securocorp Securities India Private Limited As per Metropolitan Stock Exchange of India Ltd’s announcement quoted by CNBC TV 18 in a…
Source: Live Mint The total number of demat accounts in India reached 175 million in September 2024, according to Motilal Oswal report. This reflects an increase of 4.4 million accounts added during the month, resulting in an average monthly addition of 4 million accounts year-to-date for FY25. The report highlights a notable rise in demat…
Source: Live Mint Brokers collect exchange transaction fees from traders and pass them on to exchanges; however, exchanges used to give these brokers discounts for fetching massive volumes, something the brokers used to keep for themselves. The debut of the new regime on 1 October ends this practice, forcing brokers to transfer the entire transaction…
Source: Live Mint If you are in urgent need of money and do not have any security to give as collateral then the sole feasible option that you can opt for is to take a personal loan. For those who are not aware, a personal loan is an unsecured loan that banks and other financial…
