If you are a shareholder of Icici bank, icici life insurance, icici Lombard….you should be worried about the long term prospects of this group. Not to say that the other groups are pristine white – but Icici is clearly the worst in terms of what they can do to your money..

Read the following

https://thewire.in/business/how-indian-insurance-companies-are-defrauding-the-bottom-of-the-pyramid 

Oh you think the IRDA did nothing in this case and we did not know whether you read this..its much worse than the earlier case

https://www.moneylife.in/article/sat-charges-irdai-member-pj-joseph-with-ldquoaiding-and-abetting-corruptionrdquo/53421.html

it is not as though the court said something new. Corruption has not changed much since the BJP took over. Yes we all believe that “achhe din” has started but there is not enough empirical evidence about the same.

No corruption at the top is not as much as UPA govt, but does not mean we have been able to conquer corruption. We have not.

 

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