The FinTech Hub
Source: Live Mint Flexibility in finance is important to cope with the pace of life today. Credit cards are necessary to manage expenditure, accumulate rewards, and to build credit history. Of course, with so many choices to choose from, the difficulty will come while deciding which one is the most suitable. In this situation, HDFC…
Source: Live Mint The combined market capitalisation of four of the top 10 most valuable companies declined by ₹96,605.66 crore last week, with HDFC Bank experiencing the sharpest loss. Among the top firms, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, and State Bank of India saw their valuations decrease, while Reliance Industries, Bharti Airtel,…
Source: Live Mint In the last few months, several banks have made changes to their credit card rewards program. Some of these include spend-based access to domestic airport lounges, a levy of fees on utility bill payments, reduction or removal of reward points on some categories, etc. HDFC Bank has also made some changes to…
Source: Live Mint Global brokerage firm Jefferies has brought back HDFC Bank to its Asia ex-Japan long-only portfolio. At the same time, it has trimmed its investments in Macrotech Developers, Larsen & Toubro (L&T), ICICI Bank and Axis Bank by one percentage point each. “An investment in HDFC Bank will be reintroduced in the Asia…
Source: Live Mint Before locking your money in a fixed deposit (FD), it is vital to compare the interest rates offered by different banks. Typically, most banks offer lower rates for shorter duration and higher interest for longer durations. Here we give a lowdown on one-year interest rates offered by most top banks – both…
Source: Live Mint With many key events now behind, the Indian stock markets face a challenging year ahead. The benchmark indices Nifty 50 and Sensex are already down nearly 9-10% from their all-time highs reached in September, bringing them close to correction territory. Key headwinds such as foreign institutional outflows, uncertainty over central banks’ rate…
Source: Live Mint Personal loans provide you with a great choice of getting instant cash if you are in an emergency or if you have an event coming up and need extra funds to cover your expenses. These loans provide you with quick loan disbursement and can be availed for flexible repayment. If you are…
Source: Live Mint If you travel a lot or have too many vehicles in your household with significant fuel consumption, then it is recommended that you consider using a credit card which offers fuel cashback rewards. This can help you save money in the form of cashback on fuel transactions. For those who are not aware,…
Source: Live Mint Using a credit card for an expensive item is not unusual. People tend to use a credit card to buy almost everything ranging from a gadget to jewellery, and smartphone to flight tickets. Most banks invariably give a 40-45 day interest free period for making the payment. However, when the bill is…
Source: Live Mint Market outlook: The Indian banking sector showcased steady growth in 2024, delivering a year-to-date return of around 8 per cent. However, this performance lagged behind the Nifty 50’s over 11 per cent increase and a stellar 30 per cent surge seen in mid- and small-cap indices. Despite significant FII outflows, Nifty Bank…
