Introduction The Securities and Exchange Board of India (SEBI) notified 39 reporting entities to utilise UIDAI’s Aadhaar authentication services in accordance with Section 11A of The Prevention of Money Laundering Act...
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WHAT IS DEFI? Decentralized Finance (“DeFi”) refers to financial applications built on blockchain technologies, typically using smart contracts. Smart contracts are automated enforceable agreements that do not...
Decentralized Autonomous Organisation (“DAOs”) are essentially group of code that automatically execute whenever a set of criteria are met. DAOs can be referred to as governing bodies that looks after the...
Introduction: Every company has certain responsibilities and compliances which need to be followed. For this, the company appoints an officer who is responsible in case of any default of such compliances. The designation of...
As on October 2021, India had the highest number of cryptocurrency investors in the world, which stands at 10.07 crore investors.[1] However, Virtual Digital Assets (“VDA”) like cryptocurrencies and NFTs are extremely...
Introduction Introduction of Artificial Intelligence (“AI”) and robotic process automation are providing spectacular customer services to borrowers. A research was conducted by Accenture on impact of AI on profitability...
What are the types of NFBCs? Non-Banking Financial Companies (“NBFC”) have come into prominence post the pandemic and the start-up boom in the country. The reason being NBFCs provide seamless and prompt lending services...
Introduction You must have definitely heard about Muthoot Finance Ltd at least once in your lifetime. It is India’s first Non-Banking Financial Company (“NBFC”). With the rise in the number of start-ups in our economy...
Q. What is an ESOP Policy? ESOP policy is a policy formulated by a company at any stage while issuing ESOPs to their employees. The company can formally give out any ESOPs in the form of grant letters. Every company has a...
Introduction: Employee Stock Option Plan (“ESOP”) is an option granted to the employees to acquire certain number of shares allotted by the company, at a pre-determined price, at a future date. ESOPs are allotted only...