hi looking for some real life experiences of people who have been cheated by a finance company, broker, distributor, unit linked plans, …anything in the process of compiling some case studies for bunch of people in the below the poverty line….. please send it to subramoney.rich@gmail.com thanks!
Hi Mr. Subramanyam, I am regular reader of ur blogs under Subramoney.com and they are really impressive and knowledge enhancer. However I am always of the opinion that in our country small investors are being always taken for a ride by these so called ‘SHARKS”. We always end up saying that one should have ‘Good […]
I was talking to a regulator about some changes in the financial reporting that is happening world wide and will happen in India shortly. The Reserve Bank of India has accepted it, the MCA has accepted it, SEBI has mandated…. One obvious question (esp if you are a regulator) is to ask (no clue why) […]
Oh no this is not in the Indian context, but when you use Google to tag some stories…you do hit on some interesting stories. A few days back Balakrishnan had written a page on the Moneylife site why you should buy from a bank relationship manager. I said chuckle, chuckle. Had neither the intent, willingness […]
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 […]
2 calls and 3 sms in the morning had the same message! No it was not about PONGAL, Sankrant, Lohri…..it was: “Anil Ambani has been banned for doing something on the stock exchanges..what does it mean for our investments in Reliance Mutual fund?” Well I do not think this will impact Reliance Mutual fund in […]
In the 1990s big corporates would borrow money from banks and lend it to smaller corporates. All of them played this game – Bajaj Auto, Tube Investments, Parle, Ranbaxy, etc. as lenders and smaller companies like Shaan Interwell, Indiana dairy, Sun Ceramics,….as borrowers. However the overall return that the lenders got could not have exceeded […]