The FinTech Hub
Source: Live Mint Raising a loan is not unusual anymore, particularly for salaried people, in today’s time and age. If you fall short of money while you are planning to go on a vacation or to buy jewellery, you can raise a personal loan. Additionally, if you need money to repay your current debt, you…
Source: Live Mint In Sanskrit, the word for a tooth, a bird and a Brahmin is the same: Dwij. Literally translated, it means ‘twice-born’. Milk teeth give way to permanent teeth; a bird is born as an egg before it is born in its avian form and Brahmin is believed to be spiritually reborn after…
Source: Live Mint Mumbai-based real estate developer Sri Lotus Developers Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Thursday, December 26. The company aims to raise nearly ₹792 crore through its book-built initial public offering (IPO). The real estate developer is…
Source: Live Mint MUMBAI, Dec 26 (Reuters) – Indian banks’ financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their gross bad loan ratio has dropped to multi-year lows, a central bank report showed on Thursday. Banks’ gross non-performing assets ratio (NPA), or the proportion of bad assets to…
Source: Live Mint Conservative investors who refrain from investing in equity tend to invest in financial instruments that give assured returns. These instruments include post office schemes or small savings schemes. There are a number of small savings schemes that offer tax benefits along with assured returns to investors. Investments in these schemes not only…
Source: Live Mint Indo Farm Equipment IPO: The Chandigarh-based farm equipment manufacturer Indo Farm Equipment is set to launch its initial public offering (IPO) next week in the price band of ₹204 to ₹215 per share. At the upper end of the price band, the company is looking to raise ₹260.15 crore. The investors can…
Source: Live Mint India is home to over 300 million self-employed individuals, accounting for nearly 50% of the workforce. This diverse group includes gig workers, small business owners, freelancers, and independent professionals like doctors, lawyers, and architects, among others. Read this | Your rights in life and health insurance claims: Unpacking the moratorium clause Self-employment…
Source: Live Mint Thai traders foresee price drop post-New Year due to increased Indian supply Supplies from autumn-winter harvest running low – Vietnam trader Bangladesh imports rice from India through tenders Dec 26 (Reuters) – Indian rice export prices extended declines to a 17-month low this week on depreciation in rupee to a record low,…
Source: Live Mint The total assets managed by the mutual fund industry jumped nearly 40 per cent in a year to ₹68.05 trillion in November 2024, a 39.59 per cent jump over November 2023, according to the latest data from the Association for Mutual Funds in India (AMFI). Interestingly, the increase is primarily attributed to…
Source: Live Mint Stock market today: Frontline indices- the Sensex and the Nifty 50 – closed flat on Thursday, December 26, as gains in shares of Bharti Airtel, Adani Ports and Mahindra and Mahindra were largely offset by losses in those of Reliance Industries, HDFC Bank and Titan. to come… Read Full Article
