India LI Players Changing Dynamics


See the race chart, it tells a tale:) For detailed analysis read here

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The Tragedy of Life Insurance in India: The Lost Decade!


Life insurance had only one large state run behemoth before better senses prevailed. The entry of private sector players was supposed to transform the sector. Perennially, India suffered from low penetration of life insurance and it was marketed more as a long term investment instrument, seldom on pure insurance centric…

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Did Demonetization Pressure Tilt Indian Digital Barometer?


The question though is whether it tilted enough, considering the inconvenience caused by demonetization. Digital is important to economy as it brings down cost of transaction, improves efficiency of financial system, increases transparency and transforms customer experience. Replace of more cash by digital and adoption of digital by a wider…

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PNB Merger with OBC & P&SB: What promise does it hold?


The confusion reigning high in Indian economy currently, reminds me of the famous remark Lt. Col. Frank Slade (aka. Al Pacino) makes in the movie ‘Scent of a Woman’; “When in Doubt…. F***”! So, when PSU banks are reeling under stressed assets on one hand and government pressure to implement…

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Tweaking Indian Retail Payment System: Why RBI need to be careful?


RBI recently released a draft policy paper on Indian payment system. The highlight, off-course, is the retail payment segment. NPCI plays a very leading role here, processing nearly 48% of the retail electronic payment transactions (excluding paper) in volume and 15% by value. It manages multiple payment systems, which includes…

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RBI vs. Government: The Dividend Faceoff


It’s funny! RBI has paid 500 Billion INR to GoI in FY1718, which is nearly 200 Billion INR more than FY1617, but the government says ‘Dil Mannge More!’. RBI already transfers the entire surplus to government after setting aside part of net income as provision for ‘rainy day’; so, what…

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Will Bandhan buy out of Gruh make sense?


Was Gruh buyout a desperate attempt to resolve the shareholding non compliance flag raised by RBI? Very recently (Oct 2018), RBI had restricted Bandhan from opening any further branches and had also put an hold to CEO salary for failing to bring down the owner (NOFHC) shareholding to 40% (currently…

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