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Loan disbursals jump, but are they leading you to a debt trap?
A recent report by the Fintech Association for Consumer Empowerment (FACE) noted the constantly increasing volumes of digital lending in India. For FY 2022-23, disbursement volumes jumped 131%, while its value soared 129% on a YoY basis, standing at Rs 92,848 crores. During this period, 7.26 crore loans were given out. .In FY 2021-22, this […]
Ira PuranikJune 13, 2023/4:48 PM IST -
Delhi will not allow bike taxis to ply on roads
The Supreme Court has stayed the order of the Delhi High Court that allowed bike taxi companies to operate without aggregator licenses until a new policy is formulated.
Money9June 13, 2023/4:35 PM IST -
Credit is king as debit cards humbled by UPI
The use of credit cards zoomed 20% in the last one year, debit cards shrunk as much as 31%.
Money9June 13, 2023/3:19 PM IST -
SBI gets ready to raise Rs 10,000 crore via Tier-I bonds
Additional Tier-1 bonds are unsecured bonds that do not bear a pre-determined maturity date. It constitutes a part of the core capital of the bank.
Money9June 13, 2023/3:12 PM IST -
Investors make a beeline for small cap funds; Nippon gives 50% return
Valuations in small cap funds have suddenly become very attractive. Small Cap Mutual Funds are those funds which invest a minimum of 65% of their assets under management in equities of small cap companies.
Money9June 13, 2023/2:34 PM IST -
India suffered the sharpest hike in airfares
India has been one of the fastest growing aviation markets and airfares have also risen sharply in India
Money9June 13, 2023/1:47 PM IST -
Should you buy MFs directly from banks?
If you are interested in buying mutual funds, you can also buy through your bank. But is buying MFs from a bank more beneficial than buyingh directly or through a broker? Read on...
Money9June 13, 2023/10:28 AM IST -
From buyers to sellers, central banks in mkt to offload gold
In the past year, central banks have been buyers of gold, but during April, 2023, when the price of gold mostly remained above $2,000, central banks worldwide became net sellers of gold
Money9June 13, 2023/9:00 AM IST -
Know when your gadget is past expiry
Every gadget has a life and it gives out indications when it needs to be replaced or junked. Read on to know more...
Pranav PradhiJune 13, 2023/8:37 AM IST
