The FinTech Hub
Source: Live Mint Indian Bank has introduced IND Secure with effect from May 8 with investment starting from ₹1,000 to ₹3 crore. The validity of this fixed deposit (FD) is till Sept 30, 2025. The interest offered on this fixed deposit is 7.15 percent to the normal public, for senior citizens it is 7.65 percent and…
Source: Live Mint Conservative investors tend to invest in safe investment instruments including public provident fund (PPF) and fixed deposits, among other options. Typically, investors look for assured returns on some part of their investment. It is recommended to allocate a portion of the portfolio to fixed income instruments. For instance, if you have a…
Source: Live Mint Stock markets have characteristically been volatile in the past few days. After delivering the best session of four years on Monday by rising 3.7 percent, Sensex dropped 1.6 percent on Tuesday. In the last two sessions of the previous week, Indian markets lost $83 billion in market cap on the India Pakistan conflict following Operation…
Source: Live Mint Nearly 79% of loans have reached tier 2 and tier 3 cities thanks to lending partnership between lenders, says Yubi in its Annual Partnership Lending Report for FY 24-25. The report draws insights from over ₹22,600 crore in loan disbursements and over 2 crore transactions facilitated through the Yubi platform, across 300 live…
Source: Live Mint Employees provident fund (EPF) subscribers are entitled to withdraw their money after they quit their job. Typically, the money can be withdrawn two months after leaving the job. However, if someone is going abroad or an employee (female) quits her job to get married then the subscriber does not need to wait…
Source: Live Mint Do you have a considerably poor score and want to improve it over a period of time? Before you proceed, remember that improving the score is not a short term phenomenon. It is a long-term process and requires consistent efforts. One can witness considerable improvement between 3 to 6 months but if…
Source: Live Mint If you already have a credit card and are planning to apply for the second one, you should do a cost-benefit analysis and make sure that the total benefits outweigh costs. Some key factors to keep in mind include card’s annual fee, reward points and its credit limit Credit cards: These are…
Source: Live Mint Prior to opening a bank fixed deposit (FD), investors are supposed to compare the interest rates offered by different banks. Almost all banks, invariably, offer higher interest rates to senior citizens. While on an average, highest interest rate of 7 percent is offered on a fixed deposit of one to two-year tenure…
Source: Live Mint Capital markets regulator, the Securities and Exchange Board of India (Sebi), often issues warnings to unregistered investment advisers to prevent them from offering advisory services to investors. On May 8, Sebi issued a warning to Rajni Kumari (name changed), a resident of Muzaffarpur in Bihar, for providing unregistered investment advisory services without…
Source: Live Mint EPFO: Are you an EPF subscriber looking to check your account details with just a missed call? You can do that easily, but first, ensure your Universal Account Number (UAN) is linked to at least one of the following: your bank account, Aadhaar or PAN. In such a case, the subscriber only…
