The FinTech Hub
Source: Live Mint If you have a credit card which has a high annual fee, there could be a way to get this waived off. Sounds strange, but true. In some cases, banks give an offer to get the annual fee waived off so long as the card holder spends money beyond a threshold. How…
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 If you are a travelaholic, it is advisable to apply for a travel-focusssed credit card. Almost all major banks offer travel credit cards, we share details of two credit cards offered by Axis Bank and ICICI Bank. ICICI Bank offers MakeMyTrip ICICI Bank Credit Card which has a set of features. MakeMyTrip…
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 If you are applying for a personal loan, it is advisable to compare the different charges levied by banks. Although a loan becomes lucrative or costlier based on the interest rate it charges, it is recommended to compare processing fee or charges as well. The lower the charges, the cheaper the loan. And higher…
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 2025 Market Outlook: Brokerage house B&K has outlined its market outlook for 2025, highlighting the challenges and opportunities as investors navigate through a period marked by macroeconomic uncertainty and a shifting global landscape. The brokerage noted that the second half of 2024 was particularly challenging, and the earlier part of 2025 may…
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 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,…
