Elevating Merchant Banking Standards: SEBI’s Strategic Proposition for an Efficient and Compliant Capital Market At Estabizz Fintech Private Limited, we stand at the forefront of financial innovation, guiding businesses through the labyrinth of regulatory compliance and market operations. It is in this spirit of service and commitment to excellence that we dissect the Securities and Exchange Board of India (SEBI)’s latest initiative to recalibrate the framework governing merchant bankers. In an era of perpetual market […]

Credit Cards: Can Banks Levy GST on Interest Component of Personal Loan EMIs? Introduction In today’s fast-paced world, obtaining an instant loan can be a crucial measure to meet immediate financial needs, whether it’s a medical emergency or funding a vacation. Securing the best deal is paramount. One essential factor is understanding how GST is applied to interest on personal loans. Key Considerations Personal Loans and GST Interest Exemption: The interest on personal loans granted […]

Understanding Mutual Fund Lite: A Potential New Asset Class Background The Securities and Exchange Board of India (SEBI) is set to introduce Mutual Fund Lite, an innovative asset class designed to bridge the gap between traditional Mutual Funds (MFs) and Portfolio Management Services (PMS). Reports from Business Standard suggest that SEBI’s board will likely approve this initiative during its meeting on September 30. Key Features of Mutual Fund Lite Under the proposed Mutual Fund Lite […]

Gharda Chemicals Launches KHG Innovation Foundation to Support Entrepreneurs Introduction Gharda Chemicals, a prominent Mumbai-based firm specializing in pesticides, veterinary drugs, and polymers, has established the KHG Innovation Foundation. This initiative aims to back entrepreneurs who are working on technologies with the potential to fill critical gaps and drive meaningful social outcomes. Foundational Objectives Strategic Partnership In collaboration with the Anjani Mashelkar Foundation, the KHG Innovation Foundation will focus on empowering entrepreneurs in core engineering […]

Innovations in Banking to Tackle Deposit Challenges Introduction In the competitive landscape of India’s banking sector, small and mid-sized private lenders are creatively addressing the ongoing deposit crunch. As they vie with larger counterparts to secure funds in meeting rising credit demand, lenders such as Sarvodaya Small Finance Bank, Yes Bank, and Jana Small Finance Bank are pioneering innovative products. Strategic Partnerships and Product Innovations To attract deposits, these banks are leveraging fintech collaborations to […]