Standard Chartered Leads Dollar Settlement GIFT City in Bank: What It Means for India Global Financial Aspirations    Standard Chartered Becomes Dollar Settlement Bank at GIFT City Standard Chartered Plc has been chosen to facilitate real-time settlement of dollar-denominated trades at GIFT City, India’s only international financial services centre. The initiative, expected to go live by June 2025, is part of a broader push to boost India’s financial infrastructure and enhance trade efficiency. What […]

  IRDAI Warns Insurance Firms Against High Commission Payouts: Impact on Policyholders and Premiums Introduction: IRDAI’s Action Against High Commission Payouts The Insurance Regulatory and Development Authority of India (IRDAI) has taken strict action against general and health insurance companies regarding their rising commission payouts. These payouts have significantly increased insurance premiums for policyholders. 🔹 The regulator warned insurers to control commissions or face possible regulatory action in future review cycles. 🔹 This move follows […]

BHIM UPI Incentive Scheme 2025 Overview The Indian Government has approved an incentive scheme for the promotion of low-value BHIM-UPI transactions from Person to Merchant (P2M) for the financial year 2024-25. This initiative, under the leadership of Prime Minister Narendra Modi, aims to enhance digital payment adoption, specifically targeting small merchants, rural users, and price-sensitive segments. Key Highlights of BHIM UPI Incentive Scheme 2025 Total Outlay: ₹1,500 crore Implementation Period: 1 April 2024 – 31 […]

SEBI Credit Rating Agencies Amendment 2025: Enhancing Transparency and Investor Protection Overview Estabizz Fintech is pleased to present a comprehensive overview of the latest SEBI regulatory update – the Credit Rating Agencies (Amendment) Regulations, 2025. Published on March 20, 2025, this amendment introduces Chapter IIA: Past Risk and Return Verification Agency (PRRVA) to the 1999 regulations, empowering eligible Credit Rating Agencies (CRAs) to enhance risk profiling and return verification within capital markets. What’s New Under […]

GST Compliance Checklist 2025–26: Key Updates All Taxpayers Must Note Before April 1 Overview: GST Compliance Checklist 2025–26 As the financial year 2024–25 draws to a close, the State GST Department of Kerala has released a comprehensive compliance guide for all registered taxpayers. This circular outlines the mandatory GST actions, deadlines, and form submissions required before April 1, 2025, to ensure a smooth transition into the new financial year (2025–26). It addresses regular taxpayers, composition […]