Merchant banking plays a vital role in the financial ecosystem. In India, more than 200 SEBI-registered merchant banks serve large and mid-sized businesses, high-net-worth individuals, and institutional investors. These institutions differ significantly from retail banks and other financial entities in the services they offer and the clients they serve. If you run a growing enterprise … Read more

When you open a savings account, banks usually require you to maintain a specific balance throughout the month known as the Monthly Average Balance (MAB). Keeping this balance helps you avoid MAB penalties and allows the bank to manage funds efficiently while offering services without extra charges. Understanding what MAB means and how MAB charges … Read more

Highlight: Employee burnout has risen sharply during the pandemic. Here’s how employers can recognize and reduce burnout among remote workers. Employee burnout, or job burnout, is a psychological response to prolonged stress and excessive workload. It often results in physical and emotional exhaustion, reduced motivation, and diminishing performance. Employers must watch for signs of burnout … Read more

Capital receipts represent non-operating income that either decreases a company’s assets or increases its liabilities. In other words, these are proceeds from occasional capital activities rather than from routine business operations. They are recorded as part of an organisation’s balance sheet rather than the profit and loss statement because of their capital nature. Capital receipts … Read more

Looking for a quick loan but worried about scams? This article explains what a loan shark is and how to identify one before it becomes a problem. Loan sharks still operate both offline and online, sometimes posing as legitimate digital lenders. They lure borrowers with promises like “instant cash,” “no paperwork,” or “zero interest,” but … Read more

For many people, payday is the highlight of the month. Whether it means dining out, buying new clothes, or taking a short weekend trip with loved ones, receiving your salary brings relief and options. The rise of online shopping—with large discounts and vast product choices—adds to the temptation and the ease of spending. Yet this … Read more

A professional loan and a personal loan are two common ways to obtain unsecured credit. If you are self-employed or planning to start or grow an independent career, either option can help you arrange necessary funds. Although both loan types provide unsecured financing, they differ in features, eligibility, documentation and permitted uses. Knowing these differences … Read more

By Aamir Devra Compensation & Benefits, KPIT The relationship between an employer and an employee is one of the most complex in modern work life. At first glance it appears straightforward—an exchange of work for compensation—but on closer inspection many underlying factors influence how that relationship functions and how effectively teams perform. Employers aim for … Read more

UPI makes sending money simple and convenient. But when your bank balance is low, you don’t have to tap into your savings. The credit line on UPI is a new RBI-backed feature that lets you borrow small amounts instantly through your UPI app and pay merchants without using funds from your primary bank account. You … Read more

Auto debit lets your bank automatically withdraw bill or EMI payments from your account on the scheduled due date, so you do not have to initiate each transaction. The amount is deducted without manual intervention, helping you avoid late fees, missed payments and the burden of tracking monthly due dates. In simple terms, automatic debit … Read more