The FinTech Hub
Source: Live Mint Q3 results coming week: Indian corporates’ December quarter (Q3FY25) earnings have been mixed so far. Major IT companies such as TCS, Infosys, HCL Tech, Tech Mahindra and Wipro have announced their Q3 scorecards and now focus is on the banking heavyweights such as HDFC Bank and ICICI Bank, which will disclose their…
Source: Live Mint In December 2024, the number of UPI transactions hit an all-time high of 16.73 billion, growing 8% month-on-month. The value of the transactions was Rs. 23.25 lakh crores (US $271.96 billion). It shows how popular the UPI mode of payment is becoming among the Indian audience. What if you could combine the…
Source: Live Mint The combined market capitalization of five of the top-10 most-valued companies fell by ₹1,85,952.31 crore last week, with HDFC Bank experiencing the largest decline, aligning with a weak trend in the domestic stock market. During the same period, the BSE Sensex dropped 1,844.2 points (2.32 per cent), while the Nifty index shed…
Source: Live Mint India’s biggest private lender, HDFC Bank, has revised fixed deposit (FD) interest rates for both senior citizens and the general public. For deposits in the range of ₹3 crore to ₹5 crore, the bank will now offer interest up to 7.40% for the general public and 7.9% for senior citizens on the…
Source: Live Mint HDFC Bank offers a range of credit cards tailored to suit your lifestyle and financial goals. These cards provide cashback, rewards, exclusive deals, and programs to help you maximise savings on your favourite brands. However, if you’re planning to close your HDFC credit card, follow these simple steps: Sending a written request…
Source: Live Mint A personal loan of ₹1 lakh is often a workable solution to handle various kinds of financial requirements such as unplanned expenses or personal goals. Before applying for HDFC Bank loans, you need to know the bank’s interest rates and the factors affecting them. The following article gives you interest rates, eligibility,…
Source: Live Mint At the time of opening a fixed deposit, it is recommended to compare the interest rates offered by different banks. Although most banks offer somewhat similar rates, a marginal difference of 40-50 basis points can raise your wealth considerably. Another factor that helps accumulate wealth is the tenure for which the deposit…
Source: Live Mint HDFC Bank has cut its marginal cost of funds-based lending rate on select tenures by upto 5 basis points. After the change, MCLR will now range between 9.15 percent and 9.45 percent. The new rates will come into force from Jan 7, 2025 onwards. What is MCLR? MCLR refers to the marginal…
Source: Live Mint Fresh virus fears rode on other weak signals to send the markets tumbling on Monday, wiping out ₹11 trillion of investor wealth in a day. Benchmarks BSE Sensex and NSE Nifty crashed more than 1.5% each, and fear gauge Vix rose the most in four months. News of two cases of the…
Source: Live Mint 2025 Market Outlook: CLSA anticipates a challenging year for the Nifty in 2025, driven by an uncertain and risky global macro environment coupled with a near-term economic slowdown in India. The research firm forecasts muted returns for the index due to elevated valuations and underperformance of actual capex spending versus expectations. CLSA…
