The FinTech Hub
Source: Live Mint In the fast life of today, managing personal money can often prove overwhelming. But though credit cards are so convenient and versatile, you will eventually want to close a one-card account, either because your financial needs have changed or the card just no longer makes sense for your lifestyle, or simply because…
Source: Live Mint Euro zone, Canada, Sweden cut rates in Jan Fed holds steady, says no rush for more easing Australia, Norway move closer to first cut Japan hikes, with likely more to come LONDON, Jan 30 (Reuters) – The first central bank meetings of 2025 suggest it will be a year in which policymakers…
Source: Live Mint Have you run up a huge credit card bill? Finding it tough to make the bulk payment in a single stroke? Converting some of your big-ticket transactions on your credit cards into EMIs (Equated Monthly Instalments) to ease the pressure can well be the answer. But there are several things you must…
Source: Live Mint Indian banks and prominent financial institutions are facing margin pressure according to S&P Global Market Intelligence, as detailed in a report by ANI. The report further elaborated that loan growth in six of India’s biggest banks on an aggregate basis is expected to decline to 12.3% in the fiscal year closing March…
Source: Live Mint (Updates with market opening prices) Jan 29 (Reuters) – Canada’s main stock index rose on Wednesday led by mining shares, as investors cheered the Bank of Canada’s decision to cut interest rates by a quarter percentage point. The Toronto Stock Exchange’s S&P/TSX composite index was up 0.3% at 25,502.94, its highest level…
Source: Live Mint The Reserve Bank of India (RBI) has recently stated that credit surge in India has more than doubled in the last five years. The total number of credit cards have reached a staggering 10.80 crore by December 2024, in comparison to 5.53 crore in December 2019 as detailed in a report by Press Trust…
Source: Live Mint Credit cards are flexible financial instruments that facilitate all types of online purchases and offline purchases. It is theoretically possible, but a “cash advance” is not always a simple or economical option. Let us review the mechanics of advances from financial institutions, their costs, potential risks, and their benefits. Credit card A…
Source: Live Mint Personal loans help in securing one’s economic future. They help the borrower in navigating difficult financial challenges in a seamless way. That is why it is important to select a lender that offers the best interest rates, customer care services and flexibility in loan repayment. It is also important to carefully check the…
Source: Live Mint If you are planning to raise a personal loan and find the current monthly instalment too high for your comfort, you can work towards reducing it. This requires proper planning and some calculation before you jump the gun. The most effective way to do it is to use the personal loan EMI…
Source: Live Mint Once your credit score rises above 750, many financial benefits open to you by way of lower interest rates on loans and credit cards, better insurance rates, and more access to credit. If you are hovering around 600, this will serve as a good helper guide for achieving your goal. Credit score…
