People keep asking me ‘Have the markets bottomed out?’ To me the answer is NO. I am not saying that you should wait for the bottom – I have my shopping list and have already bought some shares, but no we may not be at the bottom. Friday was a shopping day..and I did buy.. […]
‘Life insurance is a solicitation business…..’ well no comments! Now Hari Narayan wants the agency channel to close down and only the bancassurance business to survive. Completely from my portfolio point of view, I am very happy. Banks are in a great position to know what you do with your money – and they have […]
Of course the BFSI space is booming and there are all types of stories about it. However the mutual fund industry, the life insurance industry and the brokerage industry are not as profitable as the pundits tell us. The profitability of the banking business is visible to all. Even the Psu banks make money – […]