Financial Institutions News
Opinion | The disturbing elite capture of our rule-making institutions
We should brace for a tumultuous period because the anti-thesis to the elite capture is still evolving
4 min read22 Jul 2019Three ways to improve credit score
If you have a bad credit score, your loan application will either get rejected or you will have to pay higher interest than an individual who has a better credit score
1 min read1 Dec 2018Charge of the transformers
Artificial intelligence is gathering steam on the back of increasingly sophisticated algorithms, greater and more widespread availability of Big Data
2 min read3 Jul 2018Saving private banks: How to prevent the next financial crisis with AI
Thanks to recent advances in AI technologies, the modern financial systems can understand, reason and learn just like humans; so, they have the ability to anticipate financial crises
3 min read29 Jun 2018The making of subprime in sustainability
There is a material possibility that investee companies considered prime in the ESG (environmental, social and governance) rankings by asset managers may in fact be subprime
4 min read8 Feb 2018PFRDA planning aggressive growth
India’s pension regulator PFRDA plans to increase compensation for financial institutions and post offices to boost enrolment
3 min read31 Jul 2017Banks need to take greater role in assisting programs like SHGs: Arun Jaitley
Finance minister Arun Jaitley urges financial institutions, including Nabard, and banks to focus on funding the unorganized sector so that employment in the sector goes up
1 min read12 Jul 2017Search for frictionless solutions to spur innovation in fintech
Panellists at the Mint Fintech Summit say customers’ search for seamless movement between transactions with their banks and other financial institutions will spur innovation in fintech
3 min read7 Jul 2017Govt likely to appoint heads of Exim Bank, IFCI, Sidbi, IIFCL next month
The finance ministry has concluded interviews of 32 candidates for the post of managing directors of Exim Bank, IFCI, Sidbi and IIFCL
1 min read27 Jun 2017CBDT asks financial institutions to get accounts self-certified by 30 April
Income tax department asks financial institutions to get self-certification from account holders by 30 April to comply with FATCA provision and avoid blocking of accounts
1 min read12 Apr 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
Credit cards
Till a few years ago, credit cards used to be a rich man's asset. But lifetime free offers and reduced qualifying requirements means that even students can now use them. Over the last couple of years, we have seen a steady rise in savvy usage of credit cards. What used to be restricted to petrol pumps, airline tickets, and some expensive expenditure, turned into rent payments and car purchases. In the chase for reward points, credit card usage turned into a game for many people. Of course, Mint has something for everyone. From students to HNIs, we have it all covered: the advantages, the loopholes, the risks. Read our personal finance team's coverage of credit cards: