So at last I am entering the business of Fund Management…… and here is my New Product launch: It is a 4% Guaranteed Equity Bond – and will be launched on 1st April 2014. Fund Managers: H S Mehta and K M Parekh Disclaimer: any resemblance to anybody from the past market scams is purely […]

Read More →

I have never claimed that I can predict well. However having been a broker and having dealt with bankers, I made two predictions – both went wrong. 1. When the Standard Chartered IDR was lapped up by the Indian population, I had predicted on this blog and said ‘now there will be a spate of  […]

Read More →

Are interest rates going up or going down? Very this is a trillion dollar questions at all points in time is it not? Well I did put in some money into the SBI bond issue – and was pleasantly surprised to see the limit was raised to Rs. 500,000 per application in the retail segment. […]

Read More →

To augment its Tier II capital State bank of India is coming out with a micro issue of Rs. 500 crores. I am deliberately calling this a micro issue, because there is a huge appetite for such coupon rates (9.2% to 9.5%) from such a great borrower (a AAA rating through the life of the […]

Read More →