Women investors in India are not just catching up—they’re leading the way. According to new data from PhonePe Wealth, women are now outpacing men in both Systematic Investment Plans (SIPs) and lump sum mutual fund investments, marking a significant shift in the country’s financial landscape. Between January and December 2024, PhonePe analysed data from 1 […]
SEBI plans to expand equity investing with small-ticket SIPs – CNBC TV18
India’s markets regulator is pushing fund houses to popularise monthly investments as low as ₹250, or $3, to expand the reach of equity investing in the world’s most populous country. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap […]
Moneyview acquires Jify in share swap deal to expand financial services – CNBC TV18
Bengaluru-based financial services firm Moneyview has acquired Jify.co in a share swap deal, marking a significant step in the expansion of its financial services. The acquisition, which did not involve fresh funding, allows Moneyview to enhance its portfolio and extend Jify’s services to a broader network of employees and organizations. Jify, which provides on-demand access […]
How alternative lending is transforming financial inclusion – CNBC TV18
In today’s rapidly evolving financial landscape, access to credit is no longer confined to those with traditional banking histories. Alternative lending options from non-banking financial companies (NBFCs) are opening doors for underserved populations. Here’s how these solutions are changing the game: Vikkas Goyal, Founder of Rupee112, stresses the impact of NBFCs. “In an increasingly digital […]
Gender bias in lending: Women entrepreneurs highlight challenges in securing credit – CNBC TV18
A recent incident brought to light by Apeksha Jain, the founder and CEO of The Gourmet Jar highlights a troubling issue in our lending ecosystem—that of gender bias. In a post on the social media networking website LinkedIn, Jain recounted how her company was allegedly denied an overdraft facility solely because it lacked a male […]
Independence Day 2024: Essential tips from an expert to achieve financial freedom – CNBC TV18
Independence Day 2024 marks not only the freedom of a nation but also the pursuit of personal financial liberty. Just as a nation fights for its independence, individuals strive for financial freedom, which requires dedication, strategic planning, and prudent decision-making. Understanding Financial Freedom: Beyond Just Money Rajiv Gupta, President of PB Fintech Ltd (Policy Bazaar […]
PhonePe launches pre-approved term life insurance: Check key features – CNBC TV18
PhonePe has introduced a new ‘pre-approved term life insurance’ feature on its platform. This will make insurance coverage more accessible for millions of Indians, PhonePe said in a statement. Here are the key features of this new offering: No income proof required: The pre-approved term life insurance eliminates the need for formal proof of […]