The FinTech Hub
Source: Live Mint Having a credit card kept away, unused, might easily seem harmless, but it can still have surprising consequences for your credit health. Here’s what credit card holders need to know about inactive credit card accounts: Dormancy and potential closure: Credit card companies in India can declare your card dormant if it is…
Source: Live Mint Systematic Investment Plans (SIPs) continue to maintain strong momentum as a favored investment strategy, with contributions reaching nearly ₹26,400 crore in January 2025, just shy of the record ₹26,459 crore in December 2024. This marks a slight dip of only 0.2%. Meanwhile, equity mutual fund inflows saw a modest decline of 3.6%…
Source: Live Mint Weddings are an important occasion in everyone’s life. A typical Indian wedding is usually a grand affair wherein not only you take the relationship to another level but also spend a lot of money on it. What if you do not have sufficient money at your disposal? From where can you raise the…
Source: Live Mint A personal loan comes handy when you are in urgent need of money. Let us suppose, you need funds for organising a wedding or for home renovation, or there is tuition to be paid for your ward who is studying in a boarding school and your financial situation is slightly bad. In such…
Source: Live Mint Inflows into equity mutual fund inflows witnessed a marginal decline of 3.6 per cent in January, totaling ₹39,687 crore against ₹41,155 crore in December, showed the data released by the Association of Mutual Funds in India (AMFI) on February 12. Despite the slight decrease in monthly inflows, net investments into open-ended equity…
Source: Live Mint RBI recently directed the credit information companies (CICs) that they need to update their record every 15 days instead of one month. This will help the borrowers keep their data updated. The Reserve Bank of India made it compulsory for the banks to update credit bureau records every 15 days. This may change…
Source: Live Mint If you are short of funds currently and want the requirement to be met in the immediate future, what do you generally do? Raise a personal loan? Well, it may work in certain cases, for instance, when you desperately need money for medical emergency, for renovating the house or even for the…
Source: Live Mint Jeremy Grantham is an investing legend known for in-depth market insights and opinions. He is pretty much a student of market bubbles. He does give very valuable insights on predicting market extremes and stock bubbles in order to aid investors navigate their way through all the challenges and complexities of investments in…
Source: Live Mint A robust business credit score is important for securing favorable financing terms and easy business loans. It also helps in sustaining good financial health. Whether a company needs money for infrastructure, equipment, working capital etc., a good business credit score will always go well for availing easy business loans. Therefore, by diligently…
Source: Live Mint The Kisan Credit Card (KCC) scheme, launched by the Government of India, provides farmers with accessible credit for agricultural expenses, including seeds, fertilizers, and equipment. The scheme is launched with an objective to offer loans at lower interest rates to support farming activities. Farmers can apply for a KCC through banks by…
