The FinTech Hub
Source: Live Mint As the new financial year sets in, a series of changes are going to take place for the credit card consumers in India, in particular the State Bank of India (SBI) and IDFC First Bank card consumers. Now, on and from April 1, 2025, important changes are going to strike reward points,…
Source: Live Mint It may seem challenging to pay enormous credit card bills, but SBI Card offers a simple solution with its ‘Flexipay’ facility. This allows card users to convert credit card transactions into easy monthly instalments (EMIs). Follow the below given simple steps on how to convert your SBI credit card payments into EMIs…
Source: Live Mint Investing into a fixed deposit gives consistent and safe returns to investors. No wonder then they are extremely popular among conservative investors who do not wish to risk their investment in stocks. Another point worth noting is that the tenure of fixed deposit (FD) makes a considerable difference to the returns it accrues. In…
Source: Live Mint Paisalo Digital share price rallied more than 3% on Tuesday after the company announced the country’s largest PSU bank, State Bank of India (SBI), has invested in the Commercial Papers (CPs) issued by it. Paisalo Digital shares gained as much as 3.24% to ₹36.96 apiece on the BSE. The small-cap Non-Banking Financial…
Source: Live Mint When you are planning to open a fixed deposit, it is recommended to compare the interest rates offered by different banks so that you can choose the one which offers the highest one. Typically, a long tenure fixed deposit offers a higher interest rate. We list out the interest rates offered on…
Source: Live Mint Shares of Mukesh Ambani-owned Jio Financial Services gained 4% in intraday deals on Wednesday, March 5, extending gains to the second day in a row, after the company announced plans to acquire the remaining shares of Jio Payments Bank from State Bank of India (SBI). Read Full Article
Source: Live Mint The Securities and Exchange Board of India (Sebi) believes that the concentration of weights among the top few index constituents gives rise to “fears or risks of market manipulation and /or excessive market volatility” among market participants. The regulator proposed a set of measures in a consultation paper on Monday, seeking public…
Source: Live Mint NSDL IPO: India’s largest depository, National Securities Depository Limited (NSDL), is set to launch its initial public offering (IPO) in March. The ₹3,000 crore public issue is entirely an offer for sale (OFS) of up to 5.73 crore shares. Four banking stocks—IDBI Bank, Union Bank of India, State Bank of India, and…
Source: Live Mint The chairman of State Bank of India (SBI), C.S. Setty, announced that the bank will not charge any commission under its new ‘Jan Nivesh’ scheme. The initiative, aimed at furthering financial inclusion across India, is a significant step toward empowering underserved segments of the population with the tools to invest and save….
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day…
