The FinTech Hub
Source: Live Mint Two important resources for managing your own financial affairs are your credit score and your credit report. But the landscape of credit scoring can be a bit confusing given the many forms of scores and reports that are out there. The many varieties of credit scores and reports are outlined in this…
Source: Live Mint It is quite essential to know about your creditworthiness in this fast world of finance. A responsible credit agency, CRIF High Mark, gives detailed credit reports to help in understanding the credit history. A credit report is the most essential tool that measures financial health. Therefore, for you to get a good…
Source: Live Mint If you are in urgent need of funds, and do not possess any asset to raise the money against – there is little you can do besides taking out a personal loan. It is a handy tool which offers immediate funds for an array of purposes such as an emergency, higher education, travel,…
Source: Live Mint After checking your credit score recently at a credit bureau’s portal, did you receive a barrage of phone calls from bank agents offering you a loan at concessional rates? If this happens to you, do not get surprised. This is quite an ordinary thing to happen. There could be several reasons for this….
Source: Live Mint The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is an initiative of the Department of Fisheries for ensuring sustainable and inclusive growth of the fisheries sector in India. It seeks to increase fish production, modernise infrastructure, adopt technology, support the value chain and improve traceability with an investment of ₹20,050 crore. The scheme…
Source: Live Mint Agricultural loans enable the farmers to engage in seasonal activities like animal farming, purchase of land or buying of essential equipments. Short term loans are specifically designed to meet the emergency needs of farming operations for crop production, land preparation, storage and transportation with a view to making the operation of the…
Source: Live Mint Loan repayment is one of the many aspects affected by inflation. It affects purchasing power of money, interest rates and overall cost of borrowing. For borrowers, inflation can have both positive and negative consequences, depending on factors such as the type of loan, interest rate structure, and economic conditions. Understanding inflation and…
Source: Live Mint The fisheries sector is an important part of India’s economy that generates livelihoods for millions and contributes significantly to food security. Realising its significance, the government has initiated many initiatives one of which is the Kisan Credit Card Fisheries Scheme that provides loans specific to fishermen and fishermen farmers. Key advantages of…
Source: Live Mint PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme, has been launched to benefit street vendors. The aim is to mainstream them and improve their lives. What is the PM SVANidhi scheme? It’s a micro-credit scheme, launched by the Ministry of Housing and Urban Affairs, in June 2020. Collateral-free loans are given under…
Source: Live Mint If you are short of funds currently and want the requirement to be met in the immediate future, what do you generally do? Raise a personal loan? Well, it may work in certain cases, for instance, when you desperately need money for medical emergency, for renovating the house or even for the…
