The FinTech Hub
Source: Live Mint If you have a big credit card debt and believe that the bank will simply forego it since the debt is unsecured, then you are being delusional. A credit card company has all the right to take the defaulter to court. While most credit card users feel that the only implication of…
Source: Live Mint Daksh Gupta, CEO and co-founder of Greptile, a Y-Combinator-backed AI start-up based in San Francisco, shot to fame recently for a long post he wrote on the ‘X’ platform where he wrote about his start-up’s culture of long working hours. He mentioned that typical workdays start at 9 am and end at…
Source: Live Mint Are you a conservative investor who is looking to invest in some safe financial instrument? If the answer is ‘yes’ then you can, among other instruments, invest in a fixed deposit. Besides FD, one can also explore the prospect of investing in small savings instruments, or post office savings schemes. These schemes…
Source: Live Mint Around nine months after the stress tests for small and mid cap funds became mandatory for mutual fund houses, some of these funds would still require as long as 43 to 56 days to liquidate 50 percent of their portfolio in case of a stress event, reveals the latest data for October. This…
Source: Live Mint While the benchmark indices have declined by over 10 percent in the past one month on account of massive FII outflow to the tune of ₹94,000 crore, investors are getting profoundly jittery over the value of their portfolio, and rightly so. Besides, the search for value stocks is getting narrower by the day….
Source: Live Mint Notwithstanding all the benefits offered by credit cards, the users could face certain issues with regards to hidden charges levied – something they were unaware of earlier. Sounds unfair, right? There are certain laws and guidelines which ensure that the users are told about all the costs involved upfront and there is no…
Source: Live Mint India FD interest rates comparison: Public and private banks in India offer a varied range of fixed deposit (FD) interest rates, and it is thus recommended that you compare most options available before making an investment. At present, most banks offer a higher interest rate for term deposits with longer tenures, compared…
Source: Live Mint The year 2024 is about to end in another six weeks. Investors are looking for different ways to maximise their gains in this Calendar year, while capping the losses to the bare minimum. With stock market indices in a free fall where Nifty has already declined 10 percent on FII sell-off, what…
Source: Live Mint Credit card companies typically employ a number of marketing strategies or offers to woo new customers. These strategies or offers are aimed to highlight the benefits of their credit cards, target specific demographics, and create a sense of exclusivity. For instance, most of them offer cashbacks, reward points, extra points at some…
Source: Live Mint Bank of Baroda, or BoB, early last month introduced ‘bob Masterstroke Savings Account’ for the high-end customers named after Sachin Tendulkar, the legend of cricket. Tendulkar has also been named as the brand ambassador of this savings bank account, and rightly so. One might wonder as to why a bank account is…
