Last week I was talking to two CXOs of life insurance companies. They had similar problems – but not really the same one. One CXO was still opening branches for selling life insurance – this kind of surprised me. As he was on the sales side, he was saying that the ‘training’ is too long. […]
In the pre Sebi and pre NSE days, the BSE (actually it used to be called The Stock Exchange, Mumbai) used to do its settlement once in 15 days. Then it came down to once a week… This meant a lot of weak players would do transactions for a much longer period than what they […]
what do you do when you get such comments / emails…? ‘Do not believe what these experts tell you. See the returns in the equity markets in the past 10 months even on an SIP basis is NEGATIVE. Do not invest in equity markets. Keep all your money in banks ONLY…at least your money will […]
‘Life insurance is a solicitation business…..’ well no comments! Now Hari Narayan wants the agency channel to close down and only the bancassurance business to survive. Completely from my portfolio point of view, I am very happy. Banks are in a great position to know what you do with your money – and they have […]
SEBI, IRDA, Ministry of Company Affairs are all very concerned about the small investor. Tch, Tch..aaiyo pavam (bechara in Tamil)..so they make all the right noises. Let us hear them: 1. Make motherhood statements: when a regulator or a journalist makes mother hood statement like – ‘Subra do you agree that the retail investor should […]
Not sure how many of you saw Vir Sanghvi’s article on how the older generation has failed the younger gen…he went on the say that the games should have been handed over to the private sector. This is a fantastic statement making an assumption that the private sector has no vested interests, and is full […]
When we made research reports in the 1990s, we used to have one page on risk factors. One of the risks was ‘Regulatory Risk’ – never bothered about it much.. Now if you are the promoter of a life insurance company, your purse will know what is regulatory risk. Thanks to IRDA’s diktat, all life […]