The FinTech Hub
Source: Live Mint What followed was nothing short of a nightmare. Within an hour, the octogenarian received calls from people posing as Central Bureau of Investigation (CBI) officers from Mumbai. They alleged that his Canara bank account had been used to launder money. Oswal did not have an account with Canara Bank, but the scamsters…
Source: Live Mint Stocks to buy: Domestic brokerage house StoxBox unveiled its “Techno Funda Super 7 picks” for November 2024, showcasing a curated selection of seven stocks that combine stability with growth opportunities. Chosen through comprehensive market analysis, these stock picks are designed to provide both short-term returns and sustained long-term value. Technical Stock Picks…
Source: Live Mint Before investing in a fixed deposit (FD), it is recommended to compare the interest rates offered by different banks. Typically, banks offer a higher rate of interest to the term deposit of a long tenure. Conversely, short tenure term deposits offer a relatively lower interest rate. Here, we list out the interest…
Source: Live Mint If you are planning to lock your savings in a fixed deposit (FD), it is reasonable to check the interest rates offered by different banks. Although most depositors prefer to open a term deposit account with a bank with which they share a long-term banking relationship, one can consider opting for a…
Source: Live Mint The combined market capitalisation of six of the top-10 most-valued companies soared by more than ₹1 lakh crore last week, which saw a special Diwali Muhurat Trading session on November 1. Last week, the benchmark BSE Sensex rose 321.83 points, or 0.40%. Despite last week’s gains, the Sensex and Nifty 50 are…
Source: Live Mint If you want to make the most of the high interest rates which prevail in the current market, you may consider locking some of your savings into fixed deposits. Meanwhile, equity markets are declining on foreign investors’ selling spree, and Nifty50 is already 8 percent down from its all-time high. So, relying…
Source: Live Mint Every bank needs to maintain a balance between the credit card rewards offered to customers and profitability. The balance ensures the rewards program can be provided to customers on a sustainable basis in the long term. Banks like HDFC Bank and Axis Bank have restructured the benefits on their credit cards in…
Source: Live Mint If you have missed the credit card payment deadline, you will be liable to pay an interest rate on the outstanding amount. The interest is usually high (between 2.5 to 4 per cent) and charged on a monthly basis. It is worth remembering that interest starts not from the due date of…
Source: Live Mint Buy or sell: The Nifty Index concluded the week at 24,180, falling below the anticipated support zone of 24,800. As noted previously, a close beneath this level could trigger further selling in the equity market, positioning the index toward the 24,000 mark. With the weekly close near 24,000, market participants are keenly…
Source: Live Mint Before you invest in a fixed deposit, it is vital to compare the deposit rates offered by different banks. Here we list out the interest rates offered by different banks in both private and public sector. Meanwhile, it is important to note that depositors tend to opt for a financial institution with…
