Category: Finance

Mumbai (Maharashtra) [India], March 13: The bank looks in a very strong position and management is extremely capable to accept all challenges.  Bank is continuously growing by providing best services to his customers in India and globally. Overall, it’s look that the bank’s profitability and capital adequacy remain healthy to absorb this one-time impact and all will be in normal position soon. In December 2024 quarter the profit after tax (PAT) was ahead of Street’s estimates of Rs 1,282 crore. At the current valuations bank is already pricing in most of these uncertainties. The ROE of induslnd is 14.26% slightly better than HDFC ( 14.03 %) and even better then Kotak ( 14.01%)Also induslnd bank capital adequacy ratio is lot better at 17.23% which is still above ICICI (16.33%) and even better then Axis ( 16.63%) The bank is trading very undervalued and the future looks is extremely positive for long term!

 

Disclaimer: The views and investment tips expressed by investment experts are their own, and not that of the website or its management. We always advise users to check with certified experts before taking any investment decisions.

New Delhi [India], March 13: In an era where financial fraud and inefficiencies slow down loan approvals, Glib AI’s Bank Statement Analyzer has emerged as a revolutionary solution for banks, NBFCs, and fintech companies. By leveraging artificial intelligence, it automates financial data processing with 99.9% accuracy, enabling lenders to detect fraud instantly, assess risk efficiently, and make real-time credit decisions.

Traditional bank statement analysis is often manual, error-prone, and time-consuming. Lenders have to sift through thousands of statements, increasing the risk of oversight and inaccuracies. Glib AI’s Bank Statement Analyzer eliminates these challenges by instantly extracting and categorizing financial data, identifying fraudulent transactions, and automating loan underwriting processes. With its AI-driven precision, financial institutions can now approve loans faster while maintaining compliance and security.

The Bank Statement Analyzer developed by Glib AI utilizes AI-powered Optical Character Recognition (OCR) technology to ensure 100% accurate data extraction. It automatically classifies transactions into salary credits, EMI payments, discretionary spending, and utility bills, giving lenders a comprehensive view of an applicant’s financial health. Additionally, with over 11 AI-based fraud detection checks, it detects inconsistencies and tampered statements, reducing the risk of financial fraud.

One of the key benefits of Glib AI’s Bank Statement Analyzer is its ability to process thousands of bank statements in seconds. The system provides an instant borrower risk assessment by analyzing income stability, cash flow, and spending patterns, enabling lenders to make informed decisions. It seamlessly integrates with credit bureau reports, ITRs, and other financial documents to deliver an automated creditworthiness evaluation, ensuring lenders approve only the most eligible applicants.

In an industry where regulatory compliance is critical, Glib AI’s Bank Statement Analyzer is designed to meet global and Indian financial standards, including GDPR, DPDPA, and RBI guidelines. It incorporates AI-driven document masking and encryption to safeguard sensitive customer data, ensuring financial institutions maintain the highest security standards. The system also generates audit-ready reports, making compliance effortless and lending risk-free.

The adaptability of Glib AI’s Bank Statement Analyzer makes it the perfect solution for various lending use cases, including personal loans, business loans, home loans, trade finance, and P2P lending. For personal loans, it assesses income sources and expenditure patterns to evaluate repayment capacity. In business loans, it examines cash flow stability and revenue trends to determine financial health. Mortgage lending benefits from AI-powered fraud detection and eligibility analysis, ensuring secure home loan approvals. The system also optimizes risk assessment for trade finance and alternative lending platforms.

One of the standout features of Glib AI’s Bank Statement Analyzer is its seamless API integration. The plug-and-play API can be embedded into existing lending platforms, underwriting engines, and credit decisioning systems without disrupting operations. Financial institutions benefit from customizable workflows, allowing them to tailor the solution to their unique requirements. With zero downtime and real-time execution, Glib AI ensures uninterrupted, high-volume processing for banks, NBFCs, and fintech lenders.

When compared to other bank statement analyzers, Glib AI leads the market with its unmatched 99.9% AI-driven accuracy, real-time processing speed, and advanced fraud detection capabilities. While traditional analyzers struggle with errors, limited fraud checks, and slow data processing, Glib AI’s Bank Statement Analyzer delivers precision, security, and efficiency at an industry-leading level. The high-security compliance standards further enhance its reliability, making it the preferred choice for financial institutions.

Leading financial organizations across India trust Glib AI’s Bank Statement Analyzer to enhance loan processing efficiency. Major public and private sector banks, including SBI, Bank of Baroda, and HDFC, rely on its AI-powered automation for fast and accurate credit decisioning. Top NBFCs and fintech firms like Shriram Finance, IDfy, and Cygnet use it to streamline loan approvals while reducing fraud risks. Additionally, insurance and wealth management firms leverage the solution for risk assessment and fraud prevention, ensuring secure investments.

A leading PSU bank recently transformed its lending operations using Glib AI’s Bank Statement Analyzer, reducing loan processing time by 80%. By automating financial data extraction, risk evaluation, and fraud detection, the bank improved efficiency fivefold while maintaining full compliance with regulatory requirements. This AI-driven transformation has enabled the bank to approve loans faster, minimize human errors, and significantly enhance customer satisfaction. By integrating Glib AI’s Bank Statement Analyzer, the bank ensured that loan applications were processed with unparalleled accuracy and speed, ultimately strengthening its competitive edge in the lending market.

As the financial sector continues to embrace digital transformation, the demand for AI-powered automation in banking and lending is skyrocketing. Manual loan processing methods are no longer sustainable in an era where instant approvals and fraud prevention are critical to maintaining a seamless customer experience. Glib AI’s Bank Statement Analyzer not only accelerates loan approvals but also enhances security, reducing financial fraud risks and ensuring compliance with industry regulations.

For financial institutions looking to revolutionize their lending operations, Glib AI’s Bank Statement Analyzer presents the ultimate solution. With its advanced AI capabilities, seamless integration, and robust security measures, it empowers lenders to make smarter, faster, and risk-free credit decisions.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investments involve risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

New Delhi [India], March 8: Anya Polytech & Fertilizers Ltd (NSE – ANYA), a company engaged in the business of Fertilizers, has acquired 60% of the paid up equity share capital of Polyfilm Packaging Pvt Ltd.

This strategic investment highlights Anya Polytech & Fertilizers Limited’s (Anya) commitment to enhancing production capacity and addressing the growing demand of its customers. This acquisition will lead to the addition of prominent clients to its portfolio including Rastriya Chemicals & Fertilizers Limited (RCF), Hindustan Petroleum & Chemicals Limited (HPCL), and Vizag Steels Limited.

Polyfilm Packaging Pvt Ltd has its manufacturing facility located in Bhopal, Madhya Pradesh. The newly acquired facility spans an area of 6,250 SQM, with a built-up area of 4,070 SQM. It is equipped with a 7 TPD JP Tape Plant, along with automated 20 Circular looms, a Bag cutting Machine, and an 8 Color Online Printing & Lamination setup. This acquisition will significantly strengthen our ability to meet orders in Central India, offering numerous advantages such as shorter lead times, increased production volumes, and improved conversion costs. As a result of this acquisition, PPPL became a subsidiary company of Anya Poly tech & Fertilizers Limited.

Polyfmn Packaging Pvt Ltd is engaged in the business of manufacturing of HDPE/PP bags with polyethylene or polypropylene materials and can be laminated and unlaminated. For the FY23-24, the company has reported revenues of Rs. 2.56 crore.

The Company has recently completed its public issue on NSE SME Emerge platform and raised Rs. 44.80 crore to fund its future growth and expansion plans. Public issue of the company comprised of a fresh issue of 3.22 crore equity share at an issue price of Rs. 14 per share. For FY24, the company has reported net profit of Rs. 9.97 crore and revenue of Rs. 125.05 crore. For the Q1FY25 ended June 2024, the company has reported revenue of Rs. 40.73 crore and Net profit of Rs. 4.54 crore. Company aims to expedite the growth and improve the financial performance in coming quarters.

Incorporated in 2011, Anya Polytech & Fertilizers Limited is engaged in the business of Fertilizers and bags manufacturing and also provides environmental solutions. The Company manufactures high-quality High Density Polyethylene (HDPE) & Polypropylene (PP) bags and Zinc sulphate Fertilizers. The Company began commercial production in January 2013. With an impressive capacity of over 750 Lakhs bags per year. Today, the company operates at full capacity, generating a turnover exceeding Rs. 100 crores from its bags and fertilizers (Zinc Sulphate Division). The company produces and supplies Zinc Sulphate Monohydrate, widely used in the veterinary and poultry industries for various formulations. It is tested for quality and purity, establishing a strong market presence.

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New Delhi [India], February 24: Beezaasan Explotech Limited has announced its plan to go public with an Initial Public Offering (IPO) from 21st February 2025 to 25th February 2025, aiming to raise up to ₹59.93 Crores with shares to be listed on the BSE SME platform. The Issue is up to 34.25 Lakh equity shares at a face value of ₹ 10/- each.

IPO Details

IPO Date	February 21, 2025- February 25, 2025
Listing Date	–
Face Value	₹ 10/- per share
Price Band	₹ 165/- to ₹ 175/- per Share
Lot Size	800 Shares
Total Issue Size	Up to 34.25 Lakh Shares (Aggregating up to ₹ 59.93 Cr)
Fresh Issue	Up to 34.25 Lakh Shares (Aggregating up to ₹ 59.93 Cr)
Offer for Sale	–
Issue Type	100% Book Built Offer
Listing At	BSE SME PLATFORM
Share Holding Pre-Issue	94,96,333 shares
Share Holding Post Issue	1,29,21,133 Shares
Market Maker Portion	1,76,000 shares Rikhav Securities Limited

IPO Reservation

Investor Category	Shares Offered
QIB Shares Offered	6,53,600 (19.08%)
Retail Shares Offered	At least 11,38,400 Equity Shares (33.24%)
NII (HNI) shares offered	At least 4,88,800 Equity Shares (14.27%)

Objects of the Issue

The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

1. Funding the Capital expenditure towards civil construction required for the Expansion of the existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;
2. Funding of Capital expenditure towards the purchase of Plant and machinery for Expansion of existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;
3. Funding of capital expenditure towards civil construction is required for the expansion of an additional magazine (Storage) facility for the emulsion cartridge explosives and detonating fuse at the existing location situated at Felsani, Gujarat;
4. Purchase of Commercial Vehicle;
5. Repayment/prepayment of all or certain of the borrowings availed of by the Company
6. General corporate purposes.

The IPO is solely lead-managed by Smart Horizon Capital Advisors Pvt. Ltd., and Kfin Technologies Limited is the registrar of the issue. Rikhav Securities Ltd., is the Market Maker for the company and Shreni Shares Limited is the syndicate member.

Mr. Navneetkumar Radheshyam Somani, Chairman and Managing Director of the Company, said, “We see this as an opportunity to not only grow the company but also contribute to a more sustainable future. We are excited about this new phase of development and are grateful to BSE for offering us the SME platform to list our Company”.

About Beezaasan Explotech Limited

Incorporated in August 2013, Beezaasan Explotech Limited manufactures and supplies a comprehensive range of explosives and explosive accessories. It primarily produces cartridge explosives, including slurry, emulsion, and detonating explosives. The company is primarily involved in the manufacturing of explosives and explosives accessories used in the cement, mining, and defence industries. The company focuses on producing high-quality cartridge explosives, which include slurry explosives, emulsion explosives, and detonating explosives.

The company’s manufacturing facility is situated in Gujrat. The company’s explosive manufacturing units hold multiple quality certifications, including ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety Management. The company’s product portfolio consists of chemical explosives.

Financials

As per Restated Financial Information

Our revenue from operations for the six months ended September 30, 2024, and for the Financial Years 2024, 2023 and 2022 amounted to ₹ 10,068.72 Lakhs, ₹ 18,635.85 Lakhs, ₹ 22,791.80 Lakhs and   ₹ 14,094.90 Lakhs respectively. Our EBITDA for the six months ended September 30, 2024, and for the Financial Years 2024, 2023 and 2022 was ₹ 1,340.31 Lakhs, ₹ 1,057.21 Lakhs, ₹ 785.40 Lakhs and ₹ 577.63 Lakhs respectively. Our restated profit after tax for the six months ended September 30, 2024, and for the Financial Years 2024, 2023 and 2022 was ₹832.86 Lakhs, ₹ 486.62 Lakhs, ₹ 293.57 Lakhs and   ₹ 274.25 Lakhs respectively.

Disclaimer

Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Pune (Maharashtra) [India], February 19: Bajaj Allianz General Insurance, one of the leading private general insurers of India, is thrilled to announce the Global Insurance Excellence Awards (GIEA), which aims to celebrate and honour the outstanding contributions of general insurance and health insurance advisors across Asia, the Middle East, and North Africa. Asia Insurance Review (AIR), a trusted name in the industry, has been chosen to oversee and administer the prestigious Awards for 2025, adding further credibility and international expertise to the event.

The event, hosted by Bajaj Allianz General Insurance, will honour exceptional advisors from the insurance industry in India and internationally across eleven distinct award categories. The awards will be evaluated by an august panel of international insurance industry experts, namely:

• Mr Ronak Shah, President, General Insurance Association of Singapore
• Ms Anusha Thavarajah, Regional CEO Asia Pacific, Allianz Asia Pacific
• Mr Alaa Al-Zoheiry, Chairman, Insurance Federation of Egypt
• Mr Antony Lee Fook Weng, Deputy Chairman, General Insurance Association of Malaysia
• Mr Mo’men Mukhtar, President, Federation of Afro-Asian Insurers & Reinsurers (FAIR)
• Mr Chandana Aluthgama, Group CEO, Sri Lanka Insurance Corporation
• Mr R Balasundaram, Secretary General, Insurance Brokers Association of India

The winners will be announced later in the year and celebrated at a grand awards ceremony in India.

Recognising Excellence in Insurance Advisory

The GIEA Awards 2025 will recognise insurance advisors’ exceptional dedication, passion, and hard work—the true backbone of the industry. For the GIEA awards, advisors from the general and health insurance sectors are invited to nominate themselves across various award categories, showcasing their achievements and inspiring others. These awards aim to celebrate the noble vocation of insurance, which plays a pivotal role in society by standing with citizens during their most challenging times. The GIEA Awards testify to the transformative impact of insurance advisors, who truly make a difference when it matters most.

To nominate yourself or an advisor you know for the GIEA Awards 2025, fill out the nomination form online, which is available on the website https://www.asiainsurancereview.com/giea2025/. The nomination period opens on 19th February 2025 and closes on 20th March 2025. Advisors can file nominations across multiple categories per the published eligibility criteria.

Below are the Award Categories:

1. Best Health Insurance Adviser in Asia and MENA (including India)
2. Best Motor Insurance Adviser in Asia and MENA (including India)
3. Best Property Insurance Adviser in Asia and MENA (including India)
4. Best Multiline Insurance Adviser in India
5. Best Multiline Insurance Adviser Asia and MENA (including India)
6. Best Point-of-Sale Agent in India
7. Best Woman Insurance Adviser in Asia and MENA (including India)
8. Best Rookie Insurance Agent in Asia and MENA (including India)
9. Best Retail Broker in India
10. Best Customer Service Award in Asia and MENA (including India)
11. Lifetime Achievement Award in Asia and MENA (including India)

Commenting on the launch of the GIEA Award for 2025, Mr. Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance, said, “Insurance advisors are the unsung heroes of the industry, standing by their customers in their direst hours of need, offering guidance, compassion, and unwavering support. Their contributions often go unnoticed, yet they are the backbone of the insurance sector, and it’s time to celebrate their incredible efforts. With the Global Insurance Excellence Awards (GIEA), we aim to raise the benchmark for recognising excellence by expanding our reach and impact on an international scale. We are delighted to partner with Asia Insurance Review as the Awards Partner for this edition, wherein they will bring in their credibility and expertise to the initiative. Their global expertise and reputation bring unmatched credibility to the GIEA Awards. Together, we look forward to honouring the exceptional contributions of advisors globally. This initiative reflects our unwavering commitment to fostering excellence, innovation, and leadership in the general insurance industry.”

Speaking on the announcement, Asia Insurance Review CEO, Sheela Suppiah said, “The GIEA Awards 2025 will recognise the most deserving agents and advisers in the general insurance industry across India and beyond in a celebration of the hard work that they do as the front line of the sector. Without their tenacity and grit, the general insurance sector would not be seeing the growth and expansion that makes it such a vibrant and dynamic place to work. In these awards, we will see a wider geographic coverage – including agents and advisers outside of India for the first time. Asia Insurance Review is thrilled to be part of this dynamic development and thank Bajaj Allianz for engaging us in this impressive endeavour.”

The Global Insurance Excellence Awards (GIEA) is an industry-first platform to engage, motivate, and celebrate advisors from across the general and health insurance sectors. GIEA seeks to inspire innovation and excellence across the insurance landscape.

Nominate yourself or an advisor for the GIEA Awards 2025 at:

https://www.asiainsurancereview.com/giea2025/

About Bajaj Allianz General Insurance

Bajaj Allianz General Insurance stands as India’s premier private general insurance company. It is a collaborative effort between Bajaj Finserv Limited, India’s most diversified non-bank financial institution, and Allianz SE, the world’s leading insurer and largest asset manager. Bajaj Allianz General Insurance provides a wide range of general insurance products, including motor insurance, home insurance, and health insurance, along with distinctive insurance offerings like coverage for pet insurance, weddings, events, cybersecurity, and the film industry. The company commenced its operations in 2001 and has consistently expanded its reach to be in close proximity to its customers. Presently, it maintains a presence in nearly 1,500 towns and cities across India. Notably, Bajaj Allianz General Insurance holds the issuer rating of [ICRA]AAA from ICRA Limited, signifying the highest level of assurance regarding the punctual fulfilment of financial commitments.

About Asia Insurance Review

Asia Insurance Review (AIR) was launched in January 1991 to meet the information needs of insurance practitioners in Asia in particular and the rest of the world in general. It quickly became the premier and comprehensive professional regional insurance magazine, read by all the key decision-makers and readers in the insurance industry in Asia. AIR remains the voice of the insurance industry of Asia over many years where change is the very essence of the game in town. It is more than a magazine and remains a strategic partner of the insurance industry even today as the world gets more Asia-centric.

 AIR remains the trusted source of reliable up-to-date news and developments in the market with its high-quality editorial content. AIR is the official media partner of the following events:

• Asean Insurance Congress
• Asia Actuarial Conference (AAC);
• East Asian Insurance Congress (EAIC);
• Global Insurance Forum (GIF);
• Singapore International Reinsurance Conference (SIRC); and
• Pacific Insurance Conference (PIC).

AIR is also the Permanent Observer of the Asean Insurance Council, the Secretariat for the Reinsurance Brokers’ Association of Singapore, as well as the Risk and Insurance Management Association of Singapore. AIR launched the Asia Insurance Industry Awards to recognise and salute excellence in the insurance industry since 1997. They also launched the Australia and New Zealand Insurance Industry Awards in 2004 and The Trusted Life Agents Awards. These are our conscious attempts to promote the industry’s move towards higher standards and greater professionalism.

AIR grows from strength to strength and looks forward to serving the market moving forward.

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New Delhi [India], February 19: Mutual funds are the one-stop investment solution for people looking to invest in stocks or bonds with the expertise of a fund manager. By paying the price of a single mutual fund unit, the investor gets an expert-curated portfolio of equity, debt, and other instruments. While mutual funds provide several advantages such as low cost, diversification, and professional management, there is certainly one major benefit that every investor should know.

There is one type of mutual fund that provides a direct benefit of saving taxes and helps in reducing taxable income. From the world of equity funds, ELSS funds come in the tax deduction framework of Section 80C of the Income Tax Act, 1961. So, let’s understand in detail the tax benefits of investing in ELSS funds and other MF tax benefits in general.

ELSS: Fund for Wealth Accumulation and Tax Savings

ELSS (Equity Linked Savings Scheme) is the only type of mutual fund that comes under the tax deduction benefits of Section 80C. Under the old tax regime, you can avail the tax deduction up to the investment amount of ₹1.5 lakhs in a financial year and save ₹46,800 in taxes in a year. You cannot claim this tax deduction on the investment amount of ELSS funds in the new tax regime.

According to the SEBI categorization rules, ELSS funds have to invest at least 80% of the accumulated funds into stocks, thereby providing the benefit of wealth creation over a long period. Also, this fund is subject to the lock-in period of 3 years and it means that you can’t redeem or sell the units before this period.

By opening a free demat account with SMC Global Securities, you can easily invest in ELSS funds either through SIP or lumpsum mode. There is no limit on how much you can invest in a fund, but you can claim the deduction up to the investment of ₹1.5 lakhs only in a financial year.

Reasons to Invest in ELSS Funds

• Higher Returns: These mutual funds invest majorly in stocks spreading across different market caps (large-cap, mid-cap, or small-cap) and industries. The returns generated by the funds get compounded over a period of time, making them ideal for building wealth.
• Minimal Lock-in Period: In all the Section 80C instruments, ELSS funds have a minimal lock-in period of 3 years. Other instruments such as PPF have a lock-in of 15 years while NSC has a lock-in of 5 years.
• Professional Expertise: By parking your funds in ELSS funds, you are free from selecting and analyzing different stocks. The fund manager will create a diversified portfolio of stocks and also invest some of the corpus in fixed-income securities to balance out the risk.
• Long-term Objectives: These funds are suitable for long-term objectives such as retirement planning, child education, and marriage. At the same time, it helps you save on taxes when your money is growing for your crucial years.
• Ideal for First-time Investors: ELSS funds are ideal for first-time investors who are looking to start their investment journey but don’t have the right skills to create a portfolio. Along with investment opportunities, it serves the twin purpose of tax savings for newbie investors.

How to Save Taxes in ELSS Funds?

Here is a step-by-step guide on how you can claim tax deduction benefits of ELSS funds in the old regime.

1. Your annual income is ₹15 lakhs and you have invested a lump sum amount of ₹1.5 lakhs in an ELSS fund.
2. At the time of filing tax, you opted for the old regime which has a provision of Section 80C.
3. After the deduction of ₹1.5 lakhs of the investment amount in ELSS funds and ₹50,000 of the standard deduction, your taxable income will be reduced by ₹2 lakhs.
4. This means that you have to pay the tax on the income of ₹13 lakhs which is ₹2.10 lakhs in the old regime.

However, if you have not invested in ELSS funds, then your total taxable income will turn out to be ₹14.50 lakhs and your total tax liability will be ₹2.57 lakhs. Hence, you will directly save ₹46,800 in taxes by investing in ELSS funds.

Tax Benefits in Other Mutual Funds

Apart from ELSS funds, there are other mutual funds taxation rules on LTCG, STCG, and dividends which can help you plan your investments to save taxes.

1. LTCG on Equity Oriented Funds: Long-term capital gains (units redeemed after 12 months) derived from equity-oriented funds will be taxed at 12.5% only and only if the gains are more than ₹1.25 lakhs. This means that LTCG earnings from equity-oriented funds (with a minimum exposure of 65% in equities) are tax-free up to a specified limit.
2. Debt Funds Earnings: Regardless of the holding period, capital gains earned from debt funds will be added to your total income. So, if your total income after adding the capital gains is lower than the specified taxable income level, then you can save on taxes in debt funds as well.
3. Dividend Income: The dividend income of the mutual funds will face a 10% TDS deduction if the dividend is more than ₹10,000 in a financial year. This threshold limit was revised in the Union Budget 2025 which was earlier ₹5,000 in a financial year.

Conclusion

ELSS funds serve the dual purpose of wealth creation and tax savings. It directly helps in reducing the taxable income in the old regime, thereby reducing the final tax liability. Apart from high returns, these funds are also exposed to high risk as they invest the majority of the corpus in stocks. By analyzing past returns, expense ratio, and other ratios, you can select the right fund. You can also go through the financial blogs on SMC Global Securities to explore the list of top mutual funds and stocks to invest in now.

About the Author: I am Sheetal Goel, working as a content writer at SMC Global Securities. I hold 5+ years of experience in financial research and writing. As an Economics graduate and MBA (Finance), I possess the right skills to craft valuable blogs and make finance easy for readers.

Disclaimer: This article is only for informational purposes and does not intend to advise or recommend any sort of investment or platform.

New Delhi [India], February 18: ATD Finance has announced a strategic partnership with ATD Money to provide instant salary advances for corporate employees, ensuring quick access to emergency funds without employer intervention. This collaboration aims to bridge the gap in financial accessibility by offering seamless, short-term loan solutions through a fully digital process.

With many companies restricting salary advances due to internal policies, employees often struggle to manage unexpected expenses. Through this partnership, ATD Finance and ATD Money enable salaried professionals to avail unsecured loans ranging from ₹3,000 to ₹50,000. The loan tenure is flexible, extending from 91 to 365 days, with quick approvals and immediate disbursement, ensuring that financial emergencies do not disrupt daily life.

Speaking on the partnership, Dr. Manoranjan Mohanty, CEO, ATD Group  said , “Our collaboration with ATD Money reflects our commitment to providing financial solutions that empower working professionals. By leveraging technology, we aim to eliminate the stress associated with short-term cash shortages and promote financial well-being through swift, transparent, and hassle-free loan disbursements.”

In a rapidly evolving corporate landscape, financial flexibility is essential for employees managing monthly expenses, medical emergencies, or unexpected financial obligations. However, many organizations lack provisions for advance salaries, leaving employees dependent on high-interest credit cards or informal lending options.This partnership addresses this challenge by offering an easy-to-access alternative that ensures financial stability. The online platform allows applicants to complete the loan process with minimal documentation, reducing paperwork-related delays. The approval mechanism is optimized for efficiency, ensuring disbursement within hours.

A Step Towards Digital Financial Inclusion

The partnership aligns with India’s growing shift toward digital financial services, where quick access to funds is becoming a necessity. By integrating automated approval systems, AI-based credit assessments, and paperless transactions, ATD Finance and ATD Money ensure a streamlined borrowing experience.

For salaried professionals, the benefits include:

• Instant loan disbursement – Funds are credited directly to the borrower’s account upon approval.

• No collateral required – Unlike traditional loans, employees do not need to pledge assets.

• Flexible repayment options – Borrowers can select tenure periods that suit their financial planning.

• Minimal documentation – The process requires only essential KYC details, reducing complexity.

As digital lending gains momentum in India, collaborations like this play a crucial role in enhancing financial resilience for corporate employees. The seamless integration of fintech solutions in lending services simplifies access to credit, helping professionals maintain their financial well-being.

About ATD Finance and ATD Money

ATD Finance is a leading non-banking financial company (NBFC) in India, offering a wide range of financial services, including personal loans, microfinance solutions, and secured loan options. The company focuses on creating customer-centric financial products that cater to diverse financial needs.

ATD Money specializes in digital lending, providing instant personal loans and payday loans through a user-friendly online platform. The company’s goal is to offer quick, accessible, and efficient financial assistance to salaried professionals in need of short-term credit solutions.

This partnership aims to redefine the lending experience for salaried professionals, ensuring they have access to timely financial support without bureaucratic hurdles.

App Link: https://play.google.com/store/apps/details?id=com.atdmoney.atdapp&hl=en_IN

For more information please visit: www.atdfinance.in or www.atdmoney.com.

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New Delhi [India], February 14: Trading digital gold has grown to be a profitable choice for investors who want to benefit from the price of gold without having to deal with the difficulties of actual ownership. Traders can use price volatility to their advantage by keeping a careful eye on news, market movements, and economic developments that affect gold prices. Profitable trading requires precise market forecasts because gold’s swings might present chances at the right time, particularly for day traders or those holding holdings for several weeks.

VT Markets said, selecting a safe and affordable trading platform is equally crucial. It is important to choose a broker or app with minimal charges and strong safety features because high transaction fees might reduce profits, particularly if you trade frequently. Reliable platforms with encryption and competitive rates help protect investments while supporting smoother transactions.

For risk management, employing a diversified strategy is advisable. Although the main emphasis is still on digital gold, combining it with other assets like stocks, bonds, or cryptocurrencies can help reduce risk and improve portfolio performance as a whole. Investors can profit from several markets and protect themselves from any unanticipated declines in the price of gold by diversifying their holdings.

Long-term trends also play a vital role. Gold has always been seen as a safe-haven investment, particularly during uncertain economic times. By keeping an eye on inflation, interest rates, and global economic stability, investors can identify when it’s best to hold onto digital gold for potential long-term gains. For individuals who are prepared to take a patient approach to investing, holding digital gold can be a wise strategic move.

Finally, traders who want to precisely determine entry and exit locations may find technical analysis to be extremely helpful. Moving Averages (MA), price charts, and indicators like the Relative Strength Index (RSI) enable traders to make data-driven choices and increase the possibility of successful transactions. Sophisticated tools that facilitate decision-making and simplify trading techniques include automated trading algorithms.

Trading digital gold requires a blend of knowledge, timing, and strategic planning. By combining market awareness, a secure trading platform, diversification, an understanding of long-term trends, and technical analysis, traders can make the most of digital gold trading and optimize their profitability.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investments involve risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

New Delhi [India], February 14: Union Mutual Fund has announced the launch of two New Fund Offers (NFOs)—Union Gold ETF and Union Gold ETF Fund of Fund (FoF)—providing investors with an opportunity to add gold exposure to their portfolios in a structured and convenient manner.

Both NFOs opened on February 10, 2025. The Union Gold ETF closes on February 17, 2025, while the Union Gold ETF Fund of Fund closes on February 24, 2025.

Union Gold ETF is an open-ended scheme replicating/tracking domestic price of gold. Units will be listed on both the stock exchanges (NSE and BSE) within five business days of allotment, allowing investors to trade them like any other stock. No exit load is applicable.

Union Gold ETF Fund of Fund (FoF) is an open-ended scheme fund of fund scheme that will invest in units of Union Gold ETF, offering indirect exposure to gold. The scheme carries an exit load of 1% if units are redeemed within one year. Both schemes will be managed by Mr. Vinod Malviya, Fund Manager, Union AMC.

The benchmark for both schemes is the Domestic Price of Physical Gold. Investors can invest a minimum of ₹1,000 and in multiples of ₹1 thereafter during the NFO period.

Market Context & Gold’s Role in Asset Allocation

The launch of these NFOs comes at a time when global economic conditions pose challenges to growth. Historically, gold has played a key role in portfolio diversification due to its low correlation with other asset classes and potential as a hedge against inflation. Central banks globally have been significant buyers of gold, further supporting its demand and price.

Key Benefits of These NFOs:

• Cost-effective: Exposure to gold without making charges or storage risks.
• Units backed by gold of specified purity.
• Easy to buy, sell, or redeem units like any other open-ended mutual fund/ exchange traded fund.
• No theft risk as the gold is held in Demat form (ETF) or fund units (FoF).

Expert Insights

Vinod Malviya, Fund Manager at Union AMC, said: “No asset class consistently outperforms across all market cycles. Diversification is essential to managing risk and optimizing returns. Historically, gold has helped enhance risk-adjusted returns in portfolios during economic downturns and inflationary periods.”

Madhu Nair, CEO, Union AMC, remarked: “These NFOs mark our foray into the gold investment space at a time when investors are looking for diversified solutions. India remains the world’s largest consumer of gold, and these funds offer a structured way to participate in the gold market. For investors seeking long-term diversification, these NFOs may be a suitable option.

The Union Gold ETF Fund of Fund NFO opened for subscriptions on February 10^th, 2025, and closes on February 24^th 2025 and will re-open within 5 business days from allotment.

The Union Gold ETF NFO  opened for subscriptions on February 10^th, 2025, and closes on February 17^th, 2025, and will re-open within 5 business days from allotment.

Disclaimer: The information in this document alone is not sufficient and should not be used for the development or implementation of an investment strategy. Neither the Sponsors/the AMC/ the Trustee Company/ their associates/ any person connected with it, accepts any liability arising from the use of this information. While utmost care has been exercised while preparing this document, the Sponsors/ the AMC/ the Trustee Company/ their associates/ any person connected with it, do not warrant the completeness or accuracy of the information and disclaim all liabilities, losses and damages arising out of the use of this information. The recipients of this material should rely on their investigations and take their own professional advice. Past performance may or may not be sustained in future.

Please refer the Scheme Information Document for complete details about the Scheme. Copy of all Scheme Related Documents can be obtained from any of our AMC offices/ Customer Service Centres/ distributors as well as from our website www.unionmf.com

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Kolkata (West Bengal) [India], February 12: Incorporated in 2010, Voler Car Limited is engaged in the business of providing reliable, affordable and efficient employee transportation services (ETS) to large MNC’s, IT and ITeScompanies across major Indian cities. The company is going to become public as it has announced to raise Rs. 27 crores through an initial public offering (IPO) with a fresh issue of 30 lakh shares.

For its SME Initial Public Offering (IPO), Voler Car Limited has established a price band of Rs. 85 to Rs 90 per share. The company’s shares will be listed on NSE EMERGE, with a projected listing date of Wednesday, February 19, 2025.

GYR Capital Advisors Private Limited is the Book Running Lead Manager for the Voler Car IPO, while KFin Technologies Limited is the registrar for the issue. The Market Makers for Voler Car IPO are Wiinance Financial Services Private Limited and Giriraj Stock Broking Private Limited.

The issue proceeds will be utilized for working capital requirements, general corporate expenses, and IPO-related costs.

The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment. The IPO will be open from February 12, 2025 to February 14, 2025.The shares are expected to be allotted on Monday, February 17, 2025 and on Tuesday, February 18, 2025, the shares will be credited to the demat account of the allottees.

Retail investors need to contribute a minimum of Rs 1.44 lakh considering the minimum lot size for an application is 1600 shares. For HNIs, the minimum bidding size is two lots, or 3200 shares, for a total investment of Rs 2.88 lakh at upper price band.

The company offers comprehensive home-to-office and vice versa transportation with 24/7 customer service, dedicated teams, and a fleet of over 2,500 vehicles, including sedan, SUVs, electric vehicles, buses, and tempo travellers. The company has an average annual run rate of 4,25,000 completed trips.

The company currently operates in nine major Indian cities: Kolkata, Mumbai, Pune, Bhubaneswar, Delhi-NCR, Ahmedabad, Jaipur, Ludhiana, and Lucknow. It is now planning to expand into Bangalore, Chennai, Hyderabad, Surat, and Chandigarh. Specializing in corporate transportation, the company utilizes a mix of vendor-sourced and leased vehicles to ensure timely pick-ups and drop-offs in compliance with service level agreements (SLAs).

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