The FinTech Hub
Source: Live Mint They say what is in a name! Well, ‘everything’ when it comes to a credit card. It is a card which appears quite similar to a debit card but the meaning changes radically when the prefix is ‘credit’ instead of ‘debit’. A credit card typically offers a slew of benefits not offered…
Source: Live Mint If you are planning to open a fixed deposit (FD) account, it is advisable to first compare the interest rates offered by different banks. Although depositors tend to opt for the bank with which they share a long-term relationship, they can still choose a bank that gives them a higher rate of…
Source: Live Mint Unified Payments Interface, or UPI, undoubtedly, has lately become ubiquitous. It has emerged as one of the world’s most popular alternative payments method, processing transactions to the tune of ₹80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37 per cent year-on-year (y-o-y) surge in comparison to previous year. To give…
Source: Live Mint After the US Fed lowered policy rate by 50 bps from its 23-year high, the Reserve Bank of India (RBI) is likely to follow suit and cut the benchmark policy rate, perhaps later this year. And with interest rate cut cycle set to commence in December, investors are recommended to lock their money in…
Source: Live Mint I’m divorced and have to pay ₹90,000 alimony to my ex-wife. Can I claim tax exemption on the alimony? Can I claim a tax exemption on this alimony? Does it matter if I pay it monthly or annually? If we agree on a one-time settlement, would that be tax-exempt, even if the…
Source: Live Mint If you have a wedding at home which is due in a month or two, and are clueless as to how will you arrange the money — there is a little that you can do apart from raising a loan from a bank or a financial institution. But there is no specific…
Source: Live Mint When you want to raise a personal loan for an immediate need, there are a number of banks and non-banking financial institutions (NBFC) which you can approach. But have you ever wondered what the monthly instalment will be that you need to pay to service the loan? For this, you need to…
Source: Live Mint However, with most IPOs getting oversubscribed, securing an allotment has become increasingly challenging. To boost their chances, some investors are turning to IPO loan financing—a strategy that allows them to bid for a higher number of shares than their available capital would typically permit. Read this | Why you should approach the…
Source: Live Mint If you are planning to apply for a credit card, and are keenly looking for one with good cashback offers, then be aware that there are many such options – some of which we have compiled here. Here, we list the credit cards offered by top banks, e.g., HDFC Bank, SBI, Axis…
Source: Live Mint When you apply for a personal loan, you need to consider several factors, including comparing the interest rates and processing charges of different banks and, importantly, computing the monthly instalment using a personal loan EMI calculator. The three factors mentioned above can help you land the best deal as you raise a…
/cdn.vox-cdn.com/uploads/chorus_asset/file/23951553/VRG_Illo_STK175_L_Normand_DonaldTrump_Negative.jpg?w=400&resize=400,250&ssl=1 "Trump picks two nominees who could decide the fate of Big Tech and crypto")