The Government of India’s cheapest source of funds is of course by cheating the Indian saver. Pay him BELOW the current inflation rate, and all the money will belong to you….. However that alone is not enough, so you sell shares of Coal India. I hold a couple of ‘000 shares of Coal India. Can […]
Subra, my money is safe, I bank with a mnc bank. They have fantastic internal systems, audit, well paid and well trained people to look after my money. They have a fantastic ……. Really? And I have dealt with banks, insurance companies, mutual funds, IFAs, ….and I know this is a wishful statement, not true. […]
Well first it was Global Trust Bank Then it was Satyam Computers RBI screamed and shouted foul. They said it was only our Hyderabad unit, not all of us. Then people chuckled. They said did you know that the partners of Arthur Anderson (btw the founders were from PWC) are still around. Well read on…NOW […]
The biggest risk in the financial services business today is the Regulatory risk. The more the regulators think that they can prevent frauds and cheating the more they will move into the controls of a business. Sebi has been making a lot of changes in the mutual fund business – there is a good chance […]
When we say Narendra Modi…people talk of riots. Those who want to talk about the riots can go to the Ndtv blog…here is an out and out sales talk…NM’s interview… http://www.narendramodi.in/news/news_detail/1687 no comments..but the numbers are speaking loud are they not?