Well, one equities dealer was caught with his hand in the till….he is said to have benefited by Rs. 2 crores. Hdfc Trustee company has been fined Rs. 55 lakhs. The structure of an amc is such that the Trustees are responsible to certify that the internal processes are fine and working. Obviously it was […]

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When all of us feel that there is no risk, risk happens. Like all of us were sure that the markets will go from 21000 to 25000 it went to 9000. Market is a great humiliator -and exactly when you feel you have understood it all, it slaps you. At times it hits you in […]

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There is a big hoopla about XBRL – and all people talk about ‘data integrity’. Well what is data integrity? Well if you are a user of data in India (no clue how it is abroad) you spend half the time wondering whether the data you are using is correct or not.And for those of […]

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What should one look for in an advisor-distributor or what the Americans call broker-dealer? Well let us look at what one should be careful if a distributor is a person whom you do not know? 1. Do some kind of a back ground check if he approaches you. 2. If he has been recommended by […]

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A couple of days back I said there is nothing new to write in personal finance – in my Facebook post. I still stand by it. Seriously there is nothing new that one can write about personal finance which is not already written…However the inefficiency at the execution level – of even well given advice […]

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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!

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The more I see other industries the more I am convinced that financial mis-selling is causing lesser damage than others. For example a person may end up buying a higher commission product..that is about the worst thing that can happen. I have heard horror stories from gynaecs about the kind of horror stories in their […]

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