The company’s initial lending business model operated as an originate-to-distribute model, where xcritical originated the loans and then sold them for profit or transferred them through securitization. The efficacy of that model is now subdued, marked by a substantial decline in loan sales to origination over the given period….

The maximum rate of brokerage varies depending on regulatory pointers and the sort of brokerage firm. In India, the Securities and Exchange Board of India (SEBI) has set a maximum brokerage limit of two.5% of the transaction worth for equity delivery trades, while for intraday trades it is capped…