RBI is the banking regulator and obviously it has a role in development of the banking industry, right? Well, over the last so many years what is the penetration of banking in India? Well about 6-8% of the country’s population has some access to banking. Why we do not have banks with EXCLUSIVE mandate to […]
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 […]
The reason it will take years for the market to reach equilibrium – where buyers and sellers can easily meet – is that the market for newer homes has more sellers than buyers! Who is selling? The first is those who bought in the past few years and owe more on their house than what […]