The FinTech Hub
Source: Live Mint To finance significant expenses or unexpected expenses, short-term funds are required. For any reason-for debt consolidation and home improvement to a medical emergency, a ₹1 lakh personal loan is a great bet. All you need to know about a personal loan-from eligibility criteria to documentation requirements, interest rates, and tips to choose…
Source: Live Mint Two-wheeler manufacturer Hero MotoCorp, on Thursday, reported a 12% year-on-year increase in its standalone net profit for the December quarter, reaching ₹1,203 crore compared to ₹1,073 crore in the same period last year. The figure surpassed market expectations of ₹1,122 crore. Additionally, the company declared an interim dividend of ₹100 per equity…
Source: Live Mint A personal loan is a convenient and quicker way to fund diverse financial requirements. Borrowers who require urgent funds without collateral often opt for a personal loan. However, some may borrow more than they can repay in the future, leading to a debt cycle or loan leveraging. What is loan overleveraging? Loan…
Source: Live Mint IDFC First Bank has decided to revise the terms, conditions, features and charges for its credit cards, report ET . These changes will come into effect from February 20, 2025. Brief history of the IDFC First Bank IDFC FIRST Bank, was formulated in December 2018 through the merger of IDFC Bank and…
Source: Live Mint Britannia Q3 Results: Britannia Industries Ltd announced its October to December results on Thursday, February 6. The company announced a 5 per cent year-on-year (YoY) rise in net profit to ₹582 crore for the third quarter of the financial year 2024-25, compared to ₹556 crore in the same quarter a year ago. …
Source: Live Mint Although the facility of using a credit card to make purchases can be very convenient, the cost of an expenditure of a large amount may often be unbearable to bear. The EMI option lets you split big payments into smaller payable sums that are payable over a fixed period of time. This…
Source: Live Mint While the new tax regime trims down the deductions and exemptions available to taxpayers, it still offers several strategic benefits that can lighten the load for individual taxpayers. Here’s a breakdown of what you can still claim under the revamped system. Deductions For salaried individuals who opt for the new tax regime,…
Source: Live Mint Bharti Airtel Q3 Results: Telecom-major Bharti Airtel Limited announced its October to December quarter results on Thursday, February 6. The company announced that the net profit for the third quarter skyrocketed approximately 460% to ₹16,135 crore in the financial year 2024-25, compared to ₹2,876 crore in the same quarter a year ago. …
Source: Live Mint Alternative investment funds (AIFs) have evolved from niche offerings to become a cornerstone of India’s financial ecosystem. With a remarkable compound annual growth rate (CAGR) of 31% over the past five years and commitments reaching ₹12.4 trillion as of September 2024, AIFs are poised to play an increasingly critical role in reshaping…
Source: Live Mint The share price of State Bank of India (SBI) witnessed 1.58 per cent decline to close at ₹753.95 on Thursday’s trading session even after the public sector bank robust results for the December quarter. SBI, on February 6, posted 84 per cent year-on-year (YoY) jump in its net profit for the quarter…
