Have you been a victim of a cyber threat? Explore these five roles of cyber insurance in a hyperconnected world Cyber threats and attacks are a growing concern in our digital world. Investing in individual cyber insurance is not just prudent, it’s necessary to protect your digital assets. Protect your digital peace of mind by shielding your digital experience with cyber insurance In an increasingly digital world, our reliance on the internet has grown exponentially. […]

Navigating Claims in Investor Education & Protection Fund (IEPF) At Estabizz Fintech, we specialize in assisting you to reclaim shares from Government’s IEPF. When dividends remain unclaimed for a continuous span of 7 years, the related dividend, as well as the corresponding shares, are transferred to IEPF under the supervision of the Ministry of Corporate Affairs, Govt of India. Retrieving your entitlement from IEPF can be a complex process that involves engaging with the Nodal […]

RBI Issues Guidelines on Bank Classification of Unclaimed Deposits Periodic Reviews and Fraud Prevention Measures The Reserve Bank of India (RBI) recently released comprehensive guidelines for banks concerning the classification of accounts and deposits as inoperative and unclaimed. These measures include conducting periodic reviews of such accounts and deposits, implementing measures to prevent fraud in these accounts, and providing a grievance redressal mechanism for the expeditious resolution of complaints. RBI guidelines also outline steps for […]

In September 2016, the Reserve Bank of India (RBI) released the account aggregator guidelines, providing a framework for a special category of non-banking financial companies (NBFCs) known as account aggregators. However, despite the potential benefits they offer in terms of financial inclusion, the business model of account aggregators faces significant challenges. The Importance of Account Aggregators in Financial Inclusion Millions of individuals and small businesses struggle to access loans, insurance, and other financial products due […]

Record-breaking Salaries: Zerodha Founders Kamath Brothers Earn Nearly ₹200 Crore in FY23!   Zerodha, a prominent stockbroking platform, witnessed its founders, Nithin and Nikhil Kamath, drawing a combined compensation of ₹195.4 crore in the fiscal year 2022-23 (FY23). As reported by Entracker.com, both brothers, who also serve as whole-time directors, received an annual remuneration of ₹72 crore each during this period. The Growth in Remuneration and Employee Benefits During the previous fiscal year, Zerodha’s board […]