The FinTech Hub
Source: Live Mint They say what is in a name! Well, ‘everything’ when it comes to a credit card. It is a card which appears quite similar to a debit card but the meaning changes radically when the prefix is ‘credit’ instead of ‘debit’. A credit card typically offers a slew of benefits not offered…
Source: Live Mint If you are planning to open a fixed deposit (FD) account, it is advisable to first compare the interest rates offered by different banks. Although depositors tend to opt for the bank with which they share a long-term relationship, they can still choose a bank that gives them a higher rate of…
Source: Live Mint Unified Payments Interface, or UPI, undoubtedly, has lately become ubiquitous. It has emerged as one of the world’s most popular alternative payments method, processing transactions to the tune of ₹80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37 per cent year-on-year (y-o-y) surge in comparison to previous year. To give…
Source: Live Mint Business credit card is a card which caters to the self-employed professionals and corporates, and used for the purpose of incurring business expenditure whereas a personal credit card, as the name suggests, is used for making personal expenditure only. This credit card is given to small and medium enterprises (SMEs), corporates and…
Source: Live Mint Personal loans are adaptable financial tools that can be used for various purposes, including debt consolidation, large purchases, and unexpected needs. Typically, they are unsecured loans, meaning they do not require collateral such as a home or car. Let’s explore some common reasons why people take out personal loans. Also Read |…
Source: Live Mint A personal loan is an unsecured loan given to meet immediate financial needs of people. Lately, it is quite common for banks to offer instant loans in this category. These instant loans are given to meet urgent financial assistance. There could be a number of reasons for which an instant personal loan is…
Source: Live Mint Have you ever wondered what would you do if you lost a credit card, and consequently witnessed an unauthorised transaction before you could get it blocked? The immediate response of a credit card user would be to intimate the bank or financial institution as soon as the card is lost. However, what would happen…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Oct 08 2024 | 8:19 PM IST China-focused funds have surged between 27.8 and 61.4 per cent over the past month, attracting significant investor attention. Instead of being driven by FOMO (fear of missing out), investors must carefully evaluate the risks before…
Source: Live Mint Following the announcement made by the Union Finance Minister Nirmala Sitharaman during Budget 2024, the Central Board of Direct Taxes (CBDT) has set up an internal committee to oversee a comprehensive review of the Income Tax (I-T) Act. The key goal of this review is to make the income tax law concise, clear and…
Source: Live Mint Applying for a personal loan can be a crucial financial decision, offering you the necessary funds for various needs—be it education, medical emergencies, or home renovations. However, before diving into the application process, it’s essential to consider several factors to ensure you make an informed choice. Here are five critical aspects you…
