Expense AccountPersonal FinanceUncategorizedJuly 23, 2014by Monika Halan0Payments banks for Rs10 deposit
Banks get ready to lobby away the payment banks. But RBI seems determined to break the banking cartel.
Banks get ready to lobby away the payment banks. But RBI seems determined to break the banking cartel.
The Indian Banks Association has stalled reform that benefits the bank customers. Profits over people for the IBA.
Tax payers gain in interim budget by the new NDA government.
The suits are out lobbying hard for even more sops at budget time. FM should ask the question: why don't you make products more transparent and then more people will buy.
Toxic insurance products in Indian retail finance have a colonial history. What started as the way for the British government to get cheap Indian money, now gets the Indian government the same.
Brazen cheating happens in Indian banks when they sell financial products. The courts are taking action, but unless there is political will, nothing will change.
Where the market index will reach should not worry you. Worry about not being in the market over the long term.
Financial advisory is the next big boom in business. But stay with giving value rather than building valuation.
Don't jump onto the rising market. You'll fall and then blame the market.
Financial repression in India means that the government colludes with banks and insurance firms to keep retail investors in negative return products. Who'll give up Rs 20 trillion of cheap money?