Comprehensive Guide on Claiming Unclaimed Deposits and Investments Unclaimed investments and deposits are a common financial issue in India as of March 2023. About ₹42,272 crore sits as unclaimed deposits in banks, and approximately ₹2,637.94 crore as unclaimed dividends and units are stowed away with mutual fund houses. This article takes a detailed approach to understanding this concern and outlines a step-by-step guide on how to claim these unclaimed deposits and investments. Exploring the Causes […]

Understanding Restricted Schemes: A Comprehensive Guide Utilized by Registered Financial Market Entities (FMEs) for various investment strategies, Restricted Schemes have garnered immense attention lately. Incorporating startup investment, social ventures, SMEs, and infrastructure, these schemes yield high business potential. This guide aims to shed light on the integral components of Restricted Schemes, offering profound insights for potential investors. What Exactly Are Restricted Schemes? Restricted Schemes bridge the gap between investors and potential early-stage ventures or industries […]

Emphasizing the Alliance between Bancassurance and InsurTech Partnerships Embracing digital transformation, the financial services industry has witnessed astounding disruptions in recent years. Specifically, the integration of InsurTech, in collaboration with the bancassurance model, is said to remodel the way insurance packages are typically marketed. With this partnership, insurance is transitioning towards a “pull” product from its traditional status as a “push” product. How InsurTech Aids Insurance Distribution InsurTech plays a pivotal role in helping banks […]

Gift City: A Promising Opportunity for Mutual Funds Introduction New Delhi: Mutual funds may soon have an opportunity to invest in companies traded in Gujarat’s Gift City exchanges beyond the usual cap implemented for their overseas investments. This development comes as the government opens up the special economic zone for direct listing of Indian firms.   IFSCA Expert Panel Recommendation A 16-member expert panel, appointed by the International Financial Services Centers Authority (IFSCA), recommended a […]

SEBI Approach to Enabling Full-Fledged Short Selling SEBI has been cautiously approaching the regulation of short selling within Indian financial markets. While the board has commenced some initial actions, it seems that SEBI has only taken modest steps towards allowing full-fledged short selling operations. However, this process’s complexity necessitates deliberate, incremental implementation to mitigate potential risks associated with short selling. Permissive Approach and Regulatory Directives on Short Selling In an aid to stimulate the growth […]