The FinTech Hub
Source: Live Mint Markets regulator Sebi issued a circular on instant redemption in liquid funds in 2017, allowing investors to withdraw up to ₹50,000 or 90% of the money parked in a liquid fund per day, whichever is lower. Many fund houses such as PPFAS, Nippon, Shriram, Bajaj, ICICI, HDFC and SBI offer this facility. …
Source: Live Mint One of my friends recently offered me a top-up insurance plan. The plan covers ₹5 crore sum assured sans a deductible of ₹20 lakh. This would cost around ₹1,000 every year. My wife and I are 40 years old, and my children are 12 and 7. Is this a real option or…
Source: Live Mint Indian IT stocks continued their winning streak for the fifth straight session on Thursday, December 5, boosted by Federal Reserve Chair Jerome Powell’s remarks at the New York Times DealBook Summit, where he emphasised the resilience of the US economy, which contributes 60-70 per cent of revenue for IT companies. Riding on…
Source: Live Mint Personal loans have become a popular choice amongst people who want quick cash to meet their financial obligations or just need some extra funds for a celebration or a luxury vacation. With flexible eligibility criteria and minimum documentation, personal loans are a great choice if you want quick access to funds. Many…
Source: Live Mint Your financial stability and income plays a major role in determining your credit score. Lenders may use this score to determine your credit worthiness. But what is a good credit score? In this article we are going to understand what a credit score is and its ranges. With this you can have…
Source: Live Mint Expert view: Harish Bihani, a fund manager at Kotak Mahindra AMC, finds the overall market sentiment positive. However, he advises moving forward but with caution. He highlights the recent market correction, which has removed froth from many parts of the market. In an interview with Mint, Bihani discussed his investment strategy for…
Source: Live Mint If you have started a new job or are considering expanding your credit, choosing a credit card might be a good option. This financial tool helps to fund your emergency expenses and provides additional rewards and cashback. However, getting a credit card for the first time must not daunt you. What is…
Source: Live Mint This next-generation technology isn’t merely about faster internet speeds; it’s about revolutionizing industries and reshaping economies. India, one of the most enthusiastic adopters of 5G, is spearheading the transformation with rapid adoption and a nationwide rollout. As demand surges, 5G is poised to redefine both society and the economy. So, which companies…
Source: Live Mint Before getting a personal loan, various factors such as credit history, banks, income, and employment type, among many other factors, may determine interest on your loan. These factors are directly related to the borrowers and lenders. However, there are certain factors beyond the control of a borrower and a lender that may…
Source: Live Mint Many customers look at the claims settlement ratio or rely on anecdotal claims stories from acquaintances. However, the claims settlement ratio alone does not give a complete picture. Other data points, especially the claims paid ratio in terms of amount, hold the key. “Claims settlement ratios in isolation can present a skewed…
