The FinTech Hub
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 A loan is generally needed for living a better life and meeting immediate requirements such as education, health, home purchases etc. Hence, if you are considering an HDFC Bank personal loan here’s a comprehensive guide: What is an HDFC bank Xpress personal loan? This is an unsecured loan. That is why you…
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day…
Source: Live Mint Credit cards can be a great option if you want to avail rewards and cashbacks every time you make you an expense. However, you do not plan your transactions wisely, credit cards can be your worst financial nightmare and make you fall for a debt trap. If you have an HDFC Bank…
Source: Live Mint In the budget speech of 2025, the Finance Minister of India, Nirmala Sitharaman made numerous announcements. Some of the key announcements were for example no income tax till ₹12 lakh income when taking in account the ₹75,000 standard deduction. Further, a slew of changes in TDS and TCS. Along with the same…
Source: Live Mint As Reserve Bank of India (RBI) has cut down repo rate by 50 basis points on Friday, triggering a rate cut cycle. Now, there is an expectation that banks would bring down the fixed deposit (FD) interest rates sooner than later. So, this could be your last chance to lock your savings…
Source: Live Mint Private lending major HDFC Bank has increased its Marginal Cost of Funds-based Lending Rate (MCLR) for the overnight tenure by 5 bps from 9.15 per cent to 9.20 per cent. This is effective from February 7, 2025, according to the bank’s website. Rates for all other tenures are unchanged. Overall, HDFC Bank’s…
Source: Live Mint The combined market capitalization of six out of the ten most valuable companies surged by ₹1,18,151.75 crore last week, with HDFC Bank and Bharti Airtel emerging as the top gainers, aligning with the positive trend in equities. During the week, the BSE benchmark rose by 354.23 points (0.45%), while the Nifty gained…
Source: Live Mint Stock markets celebrated the Donald Trump administration’s pause on tariff hikes on Canada and Mexico, adding nearly ₹6 trillion of wealth as investors bet that a full-fledged trade war is unlikely. In the best day for the stock markets in a month, the Nifty ended up 1.6% at 23,739.25, while the Sensex…
Source: Live Mint Credit cards have become a popular choice for people who want to save on their expenses and make smart transactions. With rewards points and cashbacks you can enjoy exclusive deals and offers that align perfectly with your lifestyle. If you have an HDFC Bank credit card, you can set your card PIN…
