as the world moves towards more and more of insurance, it will mean more paperwork for doctors.Frankly too may doctors I know are NOT KEEN at all that their kids take to their same profession….. So in the future doctors will be increasingly ’employed’ with a hospital (including GP practice that Apollo is setting up). […]
From times immemorial banking has been a fantastic business. Ask the Marwaris and the Chettiars. It is a simple business too. Borrow money at 3%p.a. lend it at 6%p.a. and keep the 3% margins. If I am not wrong it used to be called the 3-6-3 rule of banking. This rule said borrow at 3%, […]
The world knows that the most profitable business in the world (since Shylock’s times!). Banks have seriously huge margins – just see them borrowing at the bottom from absolutely lazy guys like me (SB a/c 4%) and lend it to absolutely lazy guys who do not even know how to borrow by lending at 25% […]
Of course the BFSI space is booming and there are all types of stories about it. However the mutual fund industry, the life insurance industry and the brokerage industry are not as profitable as the pundits tell us. The profitability of the banking business is visible to all. Even the Psu banks make money – […]
I do not need to tell you that there is a huge Irda vs. Sebi or a mutual fund vs. unit linked insurance plan debate in the country…do I? LOL. However this has ensured that many journos have called me…for a view. It is nice that they take my view – however I am not […]
Hi! Over the years, you have invested a lot of time and money into your academic education. You have broadened your perspective to the next rung of the ladder, and invested in your professional education as well, via job-specific training. At this level you command a higher income, and get to enjoy more of the […]