The FinTech Hub
Source: Live Mint In today’s financial ecosystem, using a credit card has become more of a norm than a choice. At the same time, making payments through UPI – by and large – has surpassed debit card payments by a wide margin. The value of UPI payments spiked from ₹17.15 lakh crore in Oct 2023…
Source: Live Mint Airlines require you to report at the airport a couple of hours before the flight departure timing. Early reporting is required to complete the security check, collect the boarding pass, hand over the baggage, etc. What if you complete all the above formalities and there is still some time for the flight…
Source: Live Mint Paying your credit card bills on time is extremely important to keep a healthy credit score and get better deals on your future borrowings. HDFC bank offers a wide range of credit cards which are a popular choice amongst people as these cards provide exclusive offers on travel, shopping, entertainment and even…
Source: Live Mint Your twenties is a pivotal time in life – a period of growth, exploration, and laying the groundwork for your future. Amidst the whirlwind of excitement and newfound independence, one often overlooked, yet profoundly significant aspect of adulthood is building your credit history. Establishing a strong credit history in your twenties can…
Source: Live Mint A good credit score is one of the pre-requisites for obtaining a loan. The credit score is mainly dependent on your credit report. But what happens if your loan application is rejected due to inaccuracies and outdated data on your previous loans in your credit report? The decision to grant a loan…
Source: Live Mint Fintech player CheQ, founded by ex-Flipkart executive Aditya Soni, has rolled out Wisor, which is an AI-powered credit card expert, designed to turn credit card chaos into clarity. This innovation – the company believes — is set to redefine how millions of Indians interact with their credit cards, offering personalised insights, effortless…
Source: Live Mint The stock prices of private banks that have reported an increase in bad loans in their personal loans and micro-credit businesses are bearing the brunt of investors’ fears of a U-turn in the asset-quality cycle for the country’s banks, reported Reuters. RBL Bank’s shares declined as much as 5.8 per cent on…
Source: Live Mint Are you contemplating applying for a credit card and worried over the delay that the banks take in issuing it? Well, there is an alternative – you can instead apply for an instant credit card. Those who are not aware – an instant credit card is issued instantly, sometimes within a few…
Source: Live Mint Managing credit card bills can be difficult, especially when the bill amount is large. To take away this financial burden, many credit card issuers give you the option to convert the bill amount into Equated Monthly Instalments (EMIs). Although this may provide you temporary relief, it is important to know how this…
Source: Live Mint A personal loan can be a great option in helping you take care of immediate monetary needs such as paying for a medical emergency or to finance your dream vacation. However, it’s important to understand how a personal loan works through the life cycle so you can manage it responsibly and avoid…
