The FinTech Hub
Source: Live Mint Credit cards are a great way to spend smartly if you plan your expenses properly. If you have an Axis Bank credit card, it is important to make on time payments to avoid penalties and keep your credit score healthy. Axis Bank offers many ways through which you can pay your credit…
Source: Live Mint Indian banks and prominent financial institutions are facing margin pressure according to S&P Global Market Intelligence, as detailed in a report by ANI. The report further elaborated that loan growth in six of India’s biggest banks on an aggregate basis is expected to decline to 12.3% in the fiscal year closing March…
Source: Live Mint Are you planning to raise a personal loan while your credit score is lower than 700? And what if it is even lower than 650? There are some banks which give loans to applicants who have a slightly poor score however, the loan amount can be lower, or the interest rate could be higher….
Source: Live Mint ICICI Bank offers credit cards which are an option that you can consider if you want to save on your expenses without compromising on your lifestyle. Your credit card PIN is extremely important without which you can not do offline transactions through your credit card. Setting up your ICICI Bank credit card…
Source: Live Mint The latest Reserve Bank of India (RBI) data showed a noticeable decline in the share of prepaid payment instruments (PPIs), while there was a massive surge in the share of Unified Payments Interface (UPI) transactions in the entire digital payment ecosystem. In value terms, the share of PPIs declined from ₹1.43 lakh…
Source: Live Mint The Reserve Bank of India (RBI) has recently stated that credit surge in India has more than doubled in the last five years. The total number of credit cards have reached a staggering 10.80 crore by December 2024, in comparison to 5.53 crore in December 2019 as detailed in a report by Press Trust…
Source: Live Mint HDFC Bank provides credit cards offering deals and reward points on travel, entertainment, shopping and many more so that you can enjoy luxury while not hurting your budget. Credit cards have become a popular choice for people as it provides the convenience of paying later. However, it is important to keep a…
Source: Live Mint Credit cards are flexible financial instruments that facilitate all types of online purchases and offline purchases. It is theoretically possible, but a “cash advance” is not always a simple or economical option. Let us review the mechanics of advances from financial institutions, their costs, potential risks, and their benefits. Credit card A…
Source: Live Mint As you must be aware that Income Tax (I-T) law is currently being reviewed. During the Budget speech last year, Finance Minister Nirmala Sitharaman said that the tax law is being reexamined. The goal, she emphasised, is to make the legislation easy to read and understand. “The purpose is to make the…
Source: Live Mint As the Indian economy evolves and we witness technological transformations it is natural to see the increased used of internet and aligned digital services to make lasting improvements in the lives of individuals. These developments help in making the process of distributing short-term loans, instant personal loans among other associated services seamless. …
