The FinTech Hub
Source: Live Mint At the time of opening a fixed deposit, it is recommended to compare the interest rates offered by different banks. Although most banks offer somewhat similar rates, a marginal difference of 40-50 basis points can raise your wealth considerably. Another factor that helps accumulate wealth is the tenure for which the deposit…
Source: Live Mint The State Bank of India, India’s largest bank, has started offering collateral-free education loans of up to 50 lakhs for students planning to study abroad. Through the SBI Global Ed-Vantage, the bank offers an overseas education loan for students wishing to pursue regular full-time courses at foreign institutions. 10 things to know…
Source: Live Mint How to become a millionaire with SBI’s New Recurring Deposit Scheme: State Bank of India (SBI), the country’s largest bank, has launched two new deposit schemes, Har Ghar Lakhpati and SBI Patrons, designed to provide customers with greater financial flexibility and enhanced value. “We aim to create goal-oriented deposit products that enhance…
Source: Live Mint 2025 Market Outlook: Brokerage house B&K has outlined its market outlook for 2025, highlighting the challenges and opportunities as investors navigate through a period marked by macroeconomic uncertainty and a shifting global landscape. The brokerage noted that the second half of 2024 was particularly challenging, and the earlier part of 2025 may…
Source: Live Mint Borrowers can seek a personal loan from any of the main loan providers which include banks, non-banking financial companies, digital lending platforms, among others. Typically, one tends to seek a loan from a bank, but if the bank turns down the application, one can approach an NBFC or digital lending app. These are the five…
Source: Live Mint Before locking your money in a fixed deposit (FD), it is vital to compare the interest rates offered by different banks. Typically, most banks offer lower rates for shorter duration and higher interest for longer durations. Here we give a lowdown on one-year interest rates offered by most top banks – both…
Source: Live Mint With many key events now behind, the Indian stock markets face a challenging year ahead. The benchmark indices Nifty 50 and Sensex are already down nearly 9-10% from their all-time highs reached in September, bringing them close to correction territory. Key headwinds such as foreign institutional outflows, uncertainty over central banks’ rate…
Source: Live Mint Stocks To Buy: Bharti Airtel, DLF, ICICI Bank , Jubiliant Foods , Larsen & Toubro Ltd, Mahindra & Mahindra Ltd, Reliance Industries, State Bank of India, Sun Pharmaceutical Industries, Tata Motors, Tata Consultancy Services, and UltraTech are the 12 high conviction Large cap investment ideas by Mirae Asset Sharekhan for 2025. Bharti…
Source: Live Mint Market outlook: The Indian banking sector showcased steady growth in 2024, delivering a year-to-date return of around 8 per cent. However, this performance lagged behind the Nifty 50’s over 11 per cent increase and a stellar 30 per cent surge seen in mid- and small-cap indices. Despite significant FII outflows, Nifty Bank…
Source: Live Mint Stock Market News: The key domestic indices, Nifty 50 and Sensex, recovered after an initial downturn on Friday, experiencing a significant rise and ultimately closing the day with marked increases. In short, the Indian stock markets made a strong comeback in the latter part of the day on Friday, finishing the week…
