The FinTech Hub
Source: Live Mint At a recent event in Mumbai, Union Finance Minister Nirmala Sitharaman flagged mis-selling of financial products, particularly related to insurance. Often, consumers buy an insurance product after being prodded by an agent, who could be a friend or a relative. After numerous calls, which culminate in a face-to-face meeting, you decide to…
Source: Live Mint Just like other insurance coverage, credit cards also offer insurance to the card users. A credit card insurance covers a range of eventualities such as travel delay, trip cancellation, credit card shield and fraud protection. It is vital to note that a credit card user does not need to pay anything extra…
Source: Live Mint New Delhi-based Rahul Kumar’s 67-year-old father was diagnosed with liver cancer that needed an advanced palliative treatment called Transarterial Radioembolization (TARE). Kumar’s brother had a corporate policy with a private insurer. However, during pre-authorisation, the company refused to approve the claim, saying, “TARE is an advanced procedure which is not covered under…
Source: Live Mint Passive income is both a dependable financial safety net and a catalyst for future expansion. However, the first critical step is to maintain a clear boundary between personal and business finances—this foundational strategy enables sustainable growth and effective financial management. Also Read: Thank digital tools for small businesses going formal on their…
Source: Live Mint Imagine that you have planned a trip to Switzerland months ago, keeping in mind your finances, the weather of the destination, your work schedule, etc. You have booked everything for the trip, from flight tickets to hotel stays. Just before a week of the journey, you are diagnosed with dengue, and now…
Source: Live Mint Niva Bupa Health Insurance Company Limited IPO: The issue is set to open on 7 November. From financials to key risks, here are 10 key things to know from the RHP 1.Niva Bupa Health Insurance IPO: Key dates Subscriptions for the Niva Bupa Health Insurance IPO will start on November 7, 2024,…
Source: Live Mint Credit cards can be a convenient option for paying insurance premiums, which are the amounts required to maintain an insurance policy. Timely payment of these premiums is crucial, as failing to do so can lead to policy lapses and loss of coverage. Here’s how to effectively use credit cards for insurance payments….
Source: Live Mint Recently, the capital markets regulator, Securities and Exchange Board of India, proposed changes to make it easier for individuals to become registered investment advisors (RIA) for individuals looking to get advice on their personal finances. SEBI has done this, presumably, with the objective of encouraging more professionals to seek out the RIA…
Source: Live Mint Among the many other provisions and laws of the land, Section 80DD of the Income Tax Act, 1961, (the Act) is a vital provision aimed at offering relief to those caring for disabled dependents. This section allows tax deductions for expenses related to medical treatment, training, and rehabilitation of dependents, as well…
Source: Live Mint A key takeaway from the September quarter (Q2FY25) earnings of HDFC Life Insurance Company Ltd is that pressure on value of new business (VNB) margin continues. VNB margin came in at 24.4% in Q2FY25, down sequentially and year-on-year. An analysis of the annualised premium equivalent (APE) for Q2FY25 shows the adverse new…
