The FinTech Hub
Source: Live Mint While the move promises stability, it also raises a crucial question: Will insurers find new ways to offset costs, tightening underwriting and claim scrutiny? There are some areas where additional refinements could enhance consumer protection and clarity. Shielding seniors The 10% cap offers much-needed relief by preventing the sudden, steep premium hikes…
Source: Live Mint MUFG Bank, Ltd. (MUFG), Japan’s leading financial institution, has completed its first fully-digitalised trade finance transaction from its GIFT City Branch for a subsidiary of Tata International Limited, the global trading arm of the Tata Group. Utilising the Contour Network Hub from Xalts, MUFG and Tata International Limited’s Singapore treasury centre digitally…
Source: Live Mint Early this month, Reserve Bank of India (RBI) cut its repo rate to 6.25 percent. Following this, several banks have followed suit. A couple of banks have cut their interest rates on term deposits, albeit marginally. It is even recommended that the depositors who want to lock their savings in fixed deposits…
Source: Live Mint The increasing use of credit cards are a part and parcel of life now-a-days with the advantage of rewards, cashbacks etc., for everyday purchases. Credit cards, however, have a hidden psychological trick attached, which eventually, leads you to over-spend. You can manage your finances better if you understand the psychology of spending…
Source: Live Mint Tata Motors share price fell over 2 per cent, falling to 52-week low on Tuesday’s trading session. (This is a developing story) Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified…
Source: Live Mint With more and more Indians turning to personal loans to bridge their financial shortcomings, there is a need to clearly understand the costs incurred while opting for these personal loan products. While can prove to be of invaluable help during a time of need, these often come with certain complicated fees that…
Source: Live Mint Indian technology stocks appear to be caught in a perfect storm, as a series of negative developments—particularly weak economic data from the U.S., where these companies have significant revenue exposure—have rattled investor confidence, leading to a severe sell-off on Dalal Street. Reports indicate that the U.S.’s series of tariff announcements could lead…
Source: Live Mint A will is a legal document that specifies how a person’s assets and belongings should be distributed after their death. It allows the individual, known as the testator, to ensure their wealth is passed on according to their wishes rather than being distributed as per default inheritance laws. A will can cover…
Source: Live Mint Q: What do lenders see when they look at my credit report for sanctioning loans? Lenders check your credit report to assess your creditworthiness. They evaluate the risk associated with lending to you based on the credit score and your borrowing and repayment history. Lenders will look at A) Your credit utilisation,…
Source: Live Mint Upcoming IPO: Balaji Phosphates Ltd IPO will open for subscription on Friday, February 28, and close on Tuesday, March 4. Balaji Phosphates IPO price band has been fixed in the range of ₹66 to ₹70 per equity share of face value of ₹10 each. Bids can be made for a minimum of…
