The FinTech Hub
Source: Live Mint The RBI recently reduced the repo rate. How does this affect interest rates on vehicle loans? Should I expect my monthly payments to decrease? What factors should I consider before taking a car loan in this scenario? – Name withheld on request With the RBI’s recent repo rate cut, we may expect…
Source: Live Mint India’s second-largest private bank, ICICI Bank Ltd, announced on Wednesday, February 12, that its UK-based joint venture partner, Prudential Plc, is evaluating the potential listing of the asset management arm, ICICI Prudential Asset Management Company Limited, as per the BSE filing. According to the exchange filing, Prudential Plc will partially divest (sell…
Source: Live Mint MUMBAI : In a significant move to strengthen the digital payment security framework, the Reserve Bank of India (RBI) has proposed to enable additional factor authentication (AFA) for international card-not-present (CNP) transactions. The move aims to provide Indian consumers with an additional layer of security when dealing with foreign merchants, ensuring a…
Source: Live Mint The celebration of love on Valentine’s Day does not require expensive gifts combined with fancy dinners though many people tend to focus on these costly items. Sticking to creative strategies enables you to savour precious celebrations without having to spend a lot of money on them. The following list presents cost-effective Indian…
Source: Live Mint Shares of Tata Motors, a leading global automobile manufacturer, have been maintaining a steady downward spiral in recent weeks, tumbling to levels not seen in many months. The stock, which consistently broke record highs between March 2023 and July 2024, is now becoming less appealing to investors, having declined for six consecutive…
Source: Live Mint PM Gati Shakti is an initiative by the Government of India to accelerate infrastructure development through integrated planning and proper execution. What is the PM Gati Shakti scheme? The PM Gati Shakti scheme integrates infrastructure schemes across ministries. It focuses on enhancing connectivity and boosting the competitiveness of Indian businesses. It facilitates…
Source: Live Mint Imagicaaworld Entertainment shares climbed over 8 percent on Wednesday, February 12, after the company informed the bourses about its board’s approval for a fundraise amounting to ₹345.19 crore through a preferential issue. It also announced strong results for the quarter ended December 2024 (Q3FY25). Fundraising Details The company announced that the fundraise…
Source: Live Mint Credit cards are no longer a luxury but have become a necessity. With credit cards you can earn rewards and cashbacks every time you make a transaction through your card. If you have a Kotak Mahindra Bank credit card, you can activate it in quick and easy steps. In conclusion, you must…
Source: Live Mint Credit cards are a convenient way to make transactions online without spending cash immediately from the bank. With credit cards, the card issuer makes the payment on your behalf and you do not have to worry about the repayment until the next due date. If you are planning to make an online…
Source: Live Mint Stock market crash: The Indian stock market has fallen for the last six sessions. Amid intensified selling across indices and segments, investors eagerly await a turnaround in the Indian secondary market. Though it is difficult to time the market, one can look at the primary market to sniff when a bull market…
