Panchal S K and Associates

✨ 🪔 આ દીપાવલી અને નવા વર્ષમાં ઉજાસ સાથે ઉન્નતિ, સુખ અને સફળતાનો પ્રકાશ ફેલાવો. Wishing you a prosperous Gujarati New Year & Joyful Diwali! May this year bring financial growth, clarity, and the courage to chase new opportunities with wisdom and discipline. 💫 CA Swati Panchal CA KRUPAL PANCHAL #newyear #diwali #diwali2025 #diwaligreetings #festivalvibes #opportunities #wisdom #discipline #clarity #financialgrowth

𝐋𝐢𝐠𝐡𝐭, 𝐋𝐚𝐮𝐠𝐡𝐭𝐞𝐫 & 𝐋𝐢𝐦𝐢𝐭𝐥𝐞𝐬𝐬 𝐏𝐨𝐬𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬 - 𝐎𝐮𝐫 𝐃𝐢𝐰𝐚𝐥𝐢 𝐚𝐭 𝐖𝐨𝐫𝐤 ✨ This Diwali at our Office was more than just celebration - it was a reminder of what true togetherness looks like. From vibrant rangolis and cheerful gift exchanges to heartfelt wishes and laughter shared across desks, the entire office glowed not just with diyas, but with unity, gratitude, and positive energy. Diwali, the #FestivalofLights, signifies the victory of clarity over confusion, hope over hesitation, and purpose over routine. As we step into the new year, may these lights guide us toward greater vision, resilience, and success - illuminating our path with integrity and hard work. CA Swati Panchal CA KRUPAL PANCHAL #diwali #diwaligreetings #diwali2025 #laugh #purpose #vision #hardwork #festivalvibes #rangoli #celebration #unity #possibilities #financeexpert #nbfc #fintech #fundhouses #giftcity #indiantradition #officecelebration #officeparty #staffgethering #fun #auditing #accounting

𝐑𝐞𝐢𝐦𝐚𝐠𝐢𝐧𝐢𝐧𝐠 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐠𝐞 𝐨𝐟 𝐄𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 #Globalfinance is undergoing one of the most significant transformations in history. The driving force behind this change is the convergence of artificial intelligence, blockchain, Web3, and quantum computing, which together are reshaping how money moves, value is created, and trust is built. Financial services are no longer confined to banks or physical branches; they are becoming instant, intelligent, and interconnected. According to PwC’s 2025 research, the next phase of financial evolution is defined by AI-native banking, where systems learn, adapt, and predict autonomously. India is already leading this change through initiatives such as the Unified Payments Interface (UPI), #DigitalPublicInfrastructure (DPI), and the Digital Rupee. The Reserve Bank of India’s central bank digital currency, known as the e₹, is enabling secure and programmable digital transactions. These developments are helping build a financial ecosystem that is fast, transparent, and inclusive. #Blockchaintechnology has also reduced dependency on traditional intermediaries by making transactions secure, traceable, and efficient. Web3 has given rise to a new generation of decentralised finance models where users have greater control over their assets and data. #Artificialintelligence is transforming every layer of the financial system. It enables real-time fraud detection, personalised wealth management, and predictive credit scoring. Financial advisors now use AI tools to provide customised strategies based on life stages and risk appetite, making financial inclusion more achievable than ever before. India’s recognition of data as a new factor of production alongside land, labour, and capital further strengthens its position as a digital-first economy. The G20 Summit and Union Budget 2025 both highlighted the importance of data-driven decision-making and digital infrastructure in building sustainable financial growth. The rise of digital lending, open banking, and integrated finance has also made financial access easier for individuals and small businesses, especially in Tier 2 and Tier 3 cities. However, as technology advances, so do challenges such as cybersecurity risks, data privacy, and ethical use of AI. The need for responsible innovation and regulatory alignment is stronger than ever. Financial institutions must combine technological progress with governance, transparency, and human oversight to maintain public trust. The coming decade will belong to institutions that can blend financial expertise with technological intelligence. Global Fintech Fest PwC India GIFT City CA Swati Panchal CA KRUPAL PANCHAL #financeexpert #investmentstrategies #giftcity #internalaudit #rbipolicy #accounting #auditing #businessmodel #workingcapital #financeadvisor #credtiscore #nbfc #fintech #digitalbanking #automation #innovation

We invite qualified and passionate finance professionals to apply and be part of a firm that values excellence, integrity, and growth. Join a workplace where learning never stops, opportunities are abundant, and your contribution truly matters. Be part of a vibrant work culture. Build your future with us. CA Swati Panchal CA KRUPAL PANCHAL #jobopportunities #ahmedabad #jobalert #businessgrowth #personalgrowth #cafirm #articleassistant #charteredaccountant #workplace #vibrant #internalaudit #corporatefinance #gst #nbfc #taxation

💳 How Urban India Pays - The $7 Trillion Digital Momentum India is no longer a cash-heavy economy; it’s a digital-first nation. According to the latest Kearney–Amazon Pay 2025 study, retail digital payments have grown 43% CAGR (FY21–FY25) and are on track to cross $7 trillion by 2030. Three forces are driving this transformation: (1) Government-led inclusion through Jan Dhan, Aadhaar & Mobile, (2) Fintech-driven innovation (UPI Lite, Tap-and-Go, e-Rupee), and (3) Consumer confidence led by convenience, trust & rewards. Interestingly, 90% of urban consumers now prefer digital for online buys and over 56% for offline. Women entrepreneurs lead with 80% using UPI or cards, while Gen Z & Millennials treat digital credit as financial empowerment rather than impulse. From co-branded cards to UPI credit, digital khatas to AI-enabled payment security ; India’s payment ecosystem has become the backbone of MSMEs, startups, and e-commerce, and a key enabler of GDP formalization and financial literacy. As finance professionals, understanding this behavioral shift is not just about numbers - it’s about decoding how trust, technology, and transparency together redefine India’s $7 trillion opportunity. The Broader Economic Impact: Every digital transaction leaves a data trail ; which, when aggregated, formalizes the economy, increases tax compliance, and reduces cash inefficiencies. With fintech’s integration into e-commerce, logistics, and healthcare, digital finance is not only empowering consumers but also reshaping India’s GDP structure. Nations like #UAE, #Singapore, #France, and #Nepal have already linked their payment systems with India’s UPI network; marking the start of Digital India’s export era. At Panchal S K & Associates, we believe finance is no longer confined to ledgers ; it is the language of trust and innovation. Understanding #digitalpayment trends is crucial for MSMEs, startups, and corporates aiming to scale sustainably in this fast-evolving ecosystem. As we move towards #ViksitBharat2047, India’s fintech evolution will continue to drive. CA Swati Panchal CA KRUPAL PANCHAL Global Fintech Fest #fintech #digitalpayment #msme #startupecosystem #startupecosystem #indianeconomy #moneycirculation #cashonhand #upicredit #ecommerce #logistics #digitalindia #googlepay #paytm #amazonpay #retailshopping

𝐋𝐞𝐧𝐬𝐤𝐚𝐫𝐭’𝐬 ₹𝟕,𝟓𝟎𝟎–𝟖,𝟎𝟎𝟎 𝐜𝐫 𝐈𝐏𝐎: 𝐖𝐡𝐲 𝐭𝐡𝐢𝐬 𝐦𝐚𝐭𝐭𝐞𝐫𝐬 𝐛𝐞𝐲𝐨𝐧𝐝 𝐞𝐲𝐞𝐰𝐞𝐚𝐫 India’s startup ecosystem is set to witness one of its biggest milestones with Lenskart’s ₹8,000 crore IPO, cleared by SEBI. This isn’t just about eyewear - it’s about signaling confidence in India’s consumer-tech sector at a time when public markets are demanding stronger governance, profitability, and transparency. The IPO includes around ₹2,150 crore of fresh #capital, with the balance from existing investors selling stakes. Beyond strengthening Lenskart.com’s balance sheet, this move recycles capital back into the ecosystem, giving a boost to other startups looking for #funding. 𝐖𝐡𝐚𝐭 𝐦𝐚𝐤𝐞𝐬 𝐭𝐡𝐢𝐬 𝐦𝐨𝐦𝐞𝐧𝐭 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐦𝐚𝐭𝐮𝐫𝐢𝐭𝐲 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭. With SEBI tightening IPO disclosure norms and RBI ensuring stable macro-financial conditions, investors now trust that startup IPOs are not just about growth stories, but also about sustainable #businessmodels. The success of this issue will create a roadmap for many new-age companies waiting to list. For India’s economy, such large IPOs channel household savings into productive assets, reduce reliance on foreign capital, and deepen domestic capital markets. For startups, it validates the path from private capital to public ownership, encouraging sharper focus on cash flows, governance, and value creation. 𝐂𝐨𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐑𝐞𝐦𝐚𝐫𝐤𝐬: If executed well, Lenskart.com’s IPO can be the bellwether for a disciplined tech-listing cycle - recycling venture capital, rewarding governance, and strengthening India’s reputation as the world’s most vibrant public market for new-age companies. 𝐄𝐦𝐛𝐚𝐫𝐤 𝐨𝐧 𝐘𝐨𝐮𝐫 𝐈𝐏𝐎 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐰𝐢𝐭𝐡 𝐂𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐜𝐞  At Panchal S K & Associates, we specialize in guiding startups and enterprises through every stage of their IPO; ensuring compliance, valuation, documentation, and a successful listing. Ready to take your company public? Connect with us today and turn your IPO aspirations into reality. CA Swati Panchal CA KRUPAL PANCHAL #ipo #capital #investors #indianeconomy #startupecosystem #startups #governance #publicmarket #sebi #investmenthub #investmentstrategies #cashflow #compliances #valuation #documentation #enterprises

𝐆𝐫𝐨𝐰𝐭𝐡 𝐔𝐧𝐜𝐚𝐩𝐩𝐞𝐝 𝐟𝐨𝐫 𝐍𝐁𝐅𝐂𝐬 – 𝐑𝐁𝐈’𝐬 𝐁𝐨𝐥𝐝 𝐏𝐮𝐬𝐡 𝐓𝐨𝐰𝐚𝐫𝐝𝐬 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 The Reserve Bank of India’s move to remove the $750 million cap on External Commercial Borrowings (ECBs) for NBFCs is a structural shift with far-reaching implications. Well-rated NBFCs can now raise up to $1 billion or 300% of their net worth in foreign currency loans, providing unprecedented access to global capital markets. This liberalization matters because NBFCs raised ₹2.16 lakh crore via bonds in FY25, reflecting their growing importance in India’s credit ecosystem. With this relaxation: 1. Liquidity will improve, especially for MSME, retail, auto, housing, and education loans where NBFCs play a dominant role. 2. Flexible repayment norms (maturity period linked to loan tenure, relaxed from 3–5 years) will strengthen balance sheets and reduce rollover risks. 3.Market-determined spreads will ensure competitive pricing, improving cost of borrowing. 4. The larger impact is macroeconomic. NBFCs serve as last-mile lenders to India’s 63 million MSMEs, driving consumption, employment, and entrepreneurship. Increased ECB access reduces pressure on domestic banks, diversifies funding sources, and strengthens India’s USD inflow stability. Globally, this aligns with India’s ambition to deepen its financial markets and credit penetration, vital for sustaining 7%+ GDP growth. If managed with prudence and strong governance, this could be a game-changer—empowering NBFCs to extend credit, energize rural and urban demand, and strengthen India’s resilience in a slowing global economy. In essence, RBI’s policy shift is not just about borrowing limits - it is about unleashing capital for growth, inclusion, and India’s next leap in financial intermediation. CA Swati Panchal CA KRUPAL PANCHAL #externalcommercialborrowing #nbfc #digitallending #rbi #rbipolicy #capital #loan #personalloan #autoloan #industrialloan #travelloan #educationloan #ruraldevelopment #funding

RBI’s New Directions: A Turning Point for Indian Finance When the Reserve Bank of India (RBI) of India issues seven major amendment directions in a single notification, it is not just compliance; it is a signal of where India’s financial system is heading. These changes, effective from October 1, 2025, will touch borrowers, banks, MSMEs, NBFCs, exporters, and even local jewellers, creating ripples across the economy RBI issues Amendment Directions…. 𝐑𝐞𝐥𝐢𝐞𝐟 𝐟𝐨𝐫 𝐁𝐨𝐫𝐫𝐨𝐰𝐞𝐫𝐬 & 𝐅𝐥𝐞𝐱𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐟𝐨𝐫 𝐁𝐚𝐧𝐤𝐬⁣ Borrowers of personal loans, housing loans, auto loans, and MSME floating loans will now benefit from earlier spread reductions. Instead of waiting three years, banks can reduce costs sooner - bringing transparency and affordability. In a country where retail credit is expected to touch ₹130 lakh crore by FY26, this is a strong consumer-centric move. 𝐁𝐨𝐨𝐬𝐭 𝐟𝐨𝐫 𝐉𝐞𝐰𝐞𝐥𝐥𝐞𝐫𝐲 & 𝐆𝐨𝐥𝐝-𝐋𝐢𝐧𝐤𝐞𝐝 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬 Lending against gold and silver is expanding beyond jewellers to include industries that use gold as raw material. Even Tier 3 & 4 Urban Co-op Banks can now lend, widening credit access. India already accounts for ~25% of global gold demand, and this reform strengthens working capital for thousands of SME and MSME players in the jewellery ecosystem 𝐆𝐨𝐥𝐝 𝐌𝐞𝐭𝐚𝐥 𝐋𝐨𝐚𝐧 𝐋𝐢𝐛𝐞𝐫𝐚𝐥𝐢𝐬𝐚𝐭𝐢𝐨𝐧The Gold Metal Loan scheme, originally for exporters, will now extend to non-manufacturers outsourcing jewellery. Repayment tenor increased to 270 days will ease liquidity cycles. This can give a big push to India’s $40 billion jewellery export market, making us globally more competitive. Moving from fortnightly to weekly credit information submission by banks to Credit Information Companies (CICs) is revolutionary. With ₹200+ lakh crore in credit outstanding, real-time updates reduce risk of defaults, improve underwriting quality, and protect both banks and borrowers. AI-driven analytics on this sharper data will empower better credit decisions. How It Matters for the Indian Economy With festive demand already surging (consumer goods sales up 25–100% this Navratri and Diwali), these measures ensure liquidity, credit flow, and financial inclusion - directly fueling GDP growth. India is targeting a $5 trillion economy, and the RBI’s forward-looking reforms are more than regulations they are enablers of resilience, trust, and sustainable growth. 📌 The message is clear: From gold loans to governance, from weekly data to global capital, India’s financial system is entering a phase where discipline meets innovation—laying the foundation for a stronger, more inclusive economy. CA Swati Panchal CA KRUPAL PANCHAL Indian Ministry of Finance Reserve Bank of India (RBI) #goldloan #consumergoods #autoloan #homeloan #personaloan #nbfc #commercialbank #schedulebanks #cooperativebanks #innovation #fintech #rbi #creditflow #indianeconomy #globalcapital #loan #reforms #rbicircular

The Indian personal loan market, valued at over ₹15 lakh crore, is witnessing a significant transformation. As banks adopt a cautious stance, non-banking financial companies, especially fintech-driven NBFCs, are rapidly gaining ground. Data from CRIF and Nomura reveals that NBFCs’ share in new personal loan originations by value has surged from 27% in 2023 to 41% in 2025, while their share by volume now stands at an extraordinary 92%, leaving banks with barely 4% in the small-ticket segment. This dramatic shift highlights a clear realignment in India’s credit ecosystem. Banks continue to dominate the high-ticket personal loan space, offering competitive interest rates to strong credit profiles, but they have gradually withdrawn from the small-ticket segment due to rising concerns over credit costs. In this vacuum, NBFCs have emerged as the preferred option. By leveraging technology for faster disbursements, deploying innovative underwriting models, and maintaining flexible eligibility norms, NBFCs are fulfilling a demand that banks no longer prioritize. Players such as Bajaj Finserv , Tata Capital, L&T Finance are now competing with established banks like HDFC Bank, ICICI Bank, and Axis Bank by offering comparable starting rates while being more open to riskier borrower segments. Importantly, this shift is not without resilience. NBFCs’ portfolio at risk (31–90 days) stood at 2.1% in June 2025, only marginally higher than banks, with noticeable improvement in the sub-₹1 lakh loan category where delinquencies have dropped compared to two years ago. What this means for the broader economy is equally critical - small-ticket loans, often taken for healthcare, weddings, education, vacations, or home renovations, directly fuel consumption and uplift household resilience. This rise of NBFCs is, therefore, much more than a story of market share. It is a story of financial inclusion, of democratizing access to credit, and of powering India’s consumption-driven growth. With banks consolidating their hold on premium high-value loans and NBFCs empowering the everyday borrower, India’s credit market is creating a balance that supports both economic resilience and financial access. NBFCs are no longer shadow players - they are fast becoming the backbone of India’s personal credit ecosystem, driving inclusion, innovation, and opportunity. CA Swati Panchal CA KRUPAL PANCHAL #personalloan #businessloan #nbfc #fintech #digitallending #homerenovation #medicalloan #travelloan #autoloan #borrowing #banks #ruraldevelopment #ruralbanking #educationloan #indianeconomy #cibilscore #innovation #sme #msmeloan #workingcapital

𝐅𝐚𝐦𝐢𝐥𝐲 𝐎𝐟𝐟𝐢𝐜𝐞𝐬: 𝐓𝐡𝐞 𝐍𝐞𝐰 𝐅𝐚𝐜𝐞 𝐨𝐟 𝐖𝐞𝐚𝐥𝐭𝐡 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 Wealth creation and preservation is no longer just an aspiration; it’s becoming a structured science in India. A recent Julius Baer–EY report (June 2025) highlights a striking reality: nearly US$ 1.5 trillion is expected to change hands in India over the next decade, and much of this will flow through family offices. 📊 From just 45 family offices in 2018, the number has surged to 300 in 2024, with projections of exponential growth as India adds three new ultra-HNIs ($30M+) every single day. Family offices are no longer just “money boxes”—they are institutions with constitutions. They balance three key goals: 𝐒𝐚𝐟𝐞𝐭𝐲 – 𝐬𝐭𝐚𝐛𝐥𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐝𝐞𝐛𝐭 & 𝐭𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐬𝐬𝐞𝐭𝐬. 𝐆𝐫𝐨𝐰𝐭𝐡 – 𝐞𝐪𝐮𝐢𝐭𝐢𝐞𝐬, 𝐚𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐞 𝐚𝐬𝐬𝐞𝐭𝐬, 𝐚𝐧𝐝 𝐜𝐫𝐨𝐬𝐬-𝐛𝐨𝐫𝐝𝐞𝐫 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬. 𝐀𝐬𝐩𝐢𝐫𝐚𝐭𝐢𝐨𝐧𝐬 – 𝐩𝐡𝐢𝐥𝐚𝐧𝐭𝐡𝐫𝐨𝐩𝐲, 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐠𝐥𝐨𝐛𝐚𝐥 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧. Trends & Examples Risk Appetite Rising: Alternate investments like private equity and private credit are finding space in portfolios. For instance, as Apple begins local iPhone manufacturing, family offices are eyeing unlisted suppliers in the EV, defence, and electronics ecosystems. Tech Entrepreneurs Leading: Startup founders exiting via IPOs/PE deals are setting up family offices early, investing back into peers - much like global practices in Silicon Valley. Philanthropy & Purpose: Legacy families are using trusts to perpetuate charitable giving, while next-gen wealth creators are allocating 4–5% into startups or social impact ventures. Succession Planning: Nearly 60% of family offices have structured wills, family constitutions, or trusts - ensuring smooth transitions across generations. Why it matters: India is now the 3rd largest wealth-creating nation after the US & China. Family offices are the quiet engines powering intergenerational wealth, philanthropy, startup ecosystems, and global investments. In concluding remarks, family offices are shaping India’s next chapter—from wealth to legacy, capital to cause, and safety to innovation. CA Swati Panchal CA KRUPAL PANCHAL #fundhouses #familyoffices #startupecosystem #globalinvestments #wealthcreation #IPO #privateequity #socialventures #techentrepreneurs #cashcirculation #capitalflow #defense #electricvehicle #automobiles #familyfundhouses #businessloan #debtequity #longterminvestment