Searched for
CREDIT CARD CHURNING
Rs 8,400 a year on OTT apps? It can become Rs 6.4 lakh in 20 years. CA warns about the quiet leaks in your wealthSmall monthly subscriptions for entertainment can quietly drain your finances. CA Nitin Kaushik highlights how Rs 8,400 spent annually on O...
Why rich Americans prefer travel rewards over cash-back credit cardsMany rich Americans do not use cash-back credit cards. Instead, they prefer travel rewards cards and cards with big sign-up bonuses. These ...
Public banks take a leap in personal loan originationPublic sector banks are now originating more unsecured personal loans. They focused on larger loan amounts, especially over Rs 10 lakh. Thi...
Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?Consider Kelly Mardis, who owns Marcel Painting in Tempe, Arizona. About a quarter of Mardis' business comes from real estate agents who ar...
Flipkart consolidates fintech offerings into single vertical ahead of festive salesFlipkart has integrated its various fintech services into a single vertical named ‘Flipkart Pay’. This new platform includes services like ...
Old guard is out as Tata Digital’s new CEO revamps deckTata Digital undergoes significant senior management changes under CEO Naveen Tahilyani, impacting the team behind Tata Neu superapp. Sever...
BFSI top sector in hiring; 60% rise in hospitality related jobs: TeamleaseThe BFSI sector is currently experiencing the highest hiring and attrition rates. There is a strong demand for open positions, particularly...
Digital lending entities should only carry out activities for which they have licenses, says RBI Guv"Without permission if they are engaging in activities for which they have no license then it is not acceptable. This is going beyond the l...
Credit cards on UPI soon, says RBI; two senior execs quit BharatPe in post-audit churnThe move is expected to boost the use of UPI, which clocked 594.6 crore transactions totalling Rs 10.40 lakh crore in May alone.
Neutral on Bajaj Finance, target price Rs 2,210: Motilal OswalDespite capital-raising benefits (50bp+), Motilal Oswal has modelled in 70 bp lower net interest margins (NIMs) due to interest reversal, e...
Manoj Dengla leaves Carlyle to join Arpwood PartnersAt Carlyle, Dengla anchored all its investments in financial services including HDFC, IIFL, PNB Housing Finance and SBI Cards.
Why being GST-compliant can actually increase your creditworthinessEven though creditworthiness of an individual loan applicant is one of the prime factors gauged by lenders, India has a long way to go when...
Payments banks have an opportunity in the millions of unbanked, but are these viable?The model of the payments bank might turn out to be one that wallets specialise in: a high-volume, low-margin game.
Mutual Fund queries answered by Suresh Sadagopan, Founder, Ladder 7 Financial AdvisorsSuresh Sadagopan explains the difference between Daily Dividend reinvestment and Growth options. He further tells if you can invest in mutu...
Your 7-point guide to investing in the NPSThe Pension Fund Regulatory and Development Authority is now removing hurdles in the way of investing in the NPS, making it smooth for subs...
India turns into biggest market for smart cardsInsurance cos under RSBY & biz correspondents for banks are churning out millions of chip cards every month, making India one of the bigges...
With Nilesh Shah at helm, Axis Capital eyes expansionShah came on board in March 2011 from ICICI Bank’s mutual fund arm, ICICI Prudential Asset Management, where he was the deputy managing dir...
HDFC Bank raises rate on credit cards amid slumpHDFC Bank will charge 3.25% interest rate on credit cards from October, up from the current 3.05% and 3.15%, besides going slow on sourcing...
HSBC suspends MF, insurance sales in India amid allegations of mis-selling and certain sharp practicesThe London headquarters of the UK bank, which carried out a "culture audit" of the Indian retail banking, has ordered a suspension of sales.
- FM warns HNIs over concealing high-value buys
In a clear warning to those concealing high-value purchases, finance minister P Chidambaram on Tuesday asked them to pay up taxes and file ...