Axis Mobile App ranks top position on NPS leaderboard

According to a survey, Consumer awareness was most notable for payment platforms such as Paytm, Google Pay, and PhonePe. However, when it comes to Net Promoter Score, Axis Mobile App claims the top position with a score of 59, followed by ICICI Bank's iMobile Pay, and then BHIM.

Financial savings of households fall to five-year low during 2022-23

Are Indians saving less? It's concerning that the financial savings of households, as a percentage of the country's gross domestic product (GDP), reached a 47-year low in 2022-23, indicating potential financial distress among Indian households.

World Mental Health Day 2023: 55% female proactive in consultations for mental health issues

According to a survey conducted by Plum, an insurtech platform, there has been a notable rise in tele-consultations for mental health among individuals between the ages of 21 and 30, with females being more proactive, making up approximately 55 percent of all appointments. 

UPI remains India's preferred payment choice in 2023

As of June 2023, UPI remains the dominant choice for payments in India, with 10 banks responsible for deploying 82% of PoS terminals. Leading the UPI App category are PhonePe, Google Pay, and Paytm.

78% of Indian investors want to know more about market risks

According to data from AMFI, 78% of survey participants expressed a desire to gain a deeper understanding of market risks, and 59% of respondents continue to view past performance as a significant factor when making mutual fund investments.

Top 5 banks offering most competitive home loan interest rates

Home loan interest rates have now risen to around 8.75 to 9 percent after the RBI raised repo rates six times since May 2022. However, these top banks are offering the interest rates that are lower than 9 percent per annum.

4 best women-centric credit cards

Banks have introduced credit cards specifically designed for women, with spending rules and reward points similar to regular cards but featuring additional perks like dining and movie benefits to appeal to shopaholic customers.

Travel credit card applications spike 5X in 2023

On World Tourism Day, a report titled 'IndiaLends’ TravelToGrow' was released, highlighting how young people in India are using credit products to enhance their travel experiences. According to the study, travel credit card applications saw a fivefold increase in 2023.

Better stock for long-term: NTPC vs PowerGrid

The Indian government has set a goal to increase power generation capacities to 900 GW by 2030, which will significantly benefit the power sector. Now, let's assess which stock, either NTPC or PowerGrid, has the potential to deliver superior long-term returns.

Individual investors hold 89% of their assets in equity-oriented schemes

Individual investors, including both retail and HNIs, account for 89% of the assets in equity-oriented schemes. Conversely, institutional investors hold a dominant share in liquid and money market schemes (88%), debt-oriented schemes (59%), and ETFs and FOFs (90%).

Top Infographics News

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Axis Mobile App ranks top position on NPS leaderboard

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Financial savings of households fall to five-year low during 2022-23

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World Mental Health Day 2023: 55% female proactive in consultations for mental health issues

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UPI remains India's preferred payment choice in 2023