The most important thing about a regulator is he speaks in the language of the MOST powerful player. Period. So if it is RBI he will speak in the same tone as State Bank of India. If it is Insurance, it will sound like LIC and in case of mutual funds it used to be […]
‘How come you are so thin….and maintain yourself like that?’ -is a question that all slim / well maintained people (especially girls) are asked regularly. One question which they LOVE to ask BACK is ‘How come you are so obese’ – however that is considered impolite I guess? Let us look at what people do: […]
The role of a regulator is more like a traffic policeman rather than like an investigative policeman. The traffic police makes rules: – only persons above 18 should drive – a 2 wheeler rider and his pillion should wear a helmet – signals mean……. – license application, format, test, etc. We have had a regulator […]
If we have been brought up on financial myths – can food myths be far behind? Well one of the myths is : Cow’s milk is food good enough to make you strong Cow’s milk gives you a lot of protein and calcium Cow’s milk is food for the Gods and the Kings ….right? Well […]
I know of a few mis-sellers in the financial services who excel in mis-selling. Let us call them A, B and C. A is so used to mis-selling that when a ‘friend’ wanted to buy a DVD player, he was convincing her to get a lap top. This in spite of the fact that he […]