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The 2008 financial crisis - During the late 1990s, America was getting a huge inflow of foreign funds from Russia and many Asian countries. American banks naturally didn't want the money just lying around earning no interest, so they made it easier

Idea validation Not everyone has a credit card, and some may not have cards from various banks. A platform could be created where individuals exchange the benefits of their credit cards. For example, if Amazon offers a 10% discount on SBI cards, t

We think of banks as places that store our money and keep it safe. But that’s not really what’s going on. When a bank gives out a loan, they don’t get poorer. They simply type new money into your bank account. It’s brand-new money that never exis

Understanding Debt Financing: A Crucial Funding Option Hey everyone! Today, let’s dive into debt financing, a vital funding method for startups. Unlike equity funding, where you give up ownership, debt financing involves borrowing money that you’ll

"Big Changes in Credit Score Rules by RBI – Here’s How It Affects You!" Starting January 1, 2025, the RBI has introduced new rules that will make credit score updates faster and more accurate. Here’s what you need to know: ✅ Credit Score Updates Ev

Your Salary Isn’t the Problem - It’s Your Money Habits! 💸 India’s middle class works hard and earns well, yet many remain stuck financially. Why? Because earning more isn’t enough if your habits keep draining your wallet. Here are 4 money tr

A very great initiative by the government of Odisha. As we all know government bus services in Odisha is managed by CRUT. Recently there were a lot of problems faced by people who regularly travel by bus. Most of the time there is UPI issue at the ti

Hello, I’m Abubakar Yahaya Inuwa, founder of EventNukhba. Recently, it has become difficult for Nigerians to use ATM cards or send remittances from Nigerian banks to India, as these services no longer function as they used to. This has caused major c

Credit Card Will make you Poor‼️ Even though you are meeting all protocols, you are using it stupidly, although if you have 800+ credit score Reasons: 1️⃣ Invisible Money Heist: When you swipe that card, your wallet doesn't get lighter. You don't

India's credit card market is massively dominated by legacy banks. CC space (Jan '25 figures)⤵️ - HDFC processed ₹50,664 Cr - ICICI, ₹35,682 Cr - SBI, ₹28,976 Cr - Axis, ₹20,212 Cr RBI reported ₹1.84 Lakh Cr in credit card spends in January alone