With the government opening a new window to sell its stocks and bonds, things should begin to change in the life insurance industry. The Bharat Bond issue is making the insurance industry begin to worry.
Animan Thakur liked your Tweet Bharat Bond is interesting for many reasons 1. Target date maturity 2. Safe, higher than bank FD returns 3. Saw a small fund house punch above its weight and win 4. Flexible and low cost Now it just needs a Section 80C hug
The Modi giovernment has made the use of ash difficult but has not been able to curb the generation of black money. This cash waits in the system without being spent or invested.
Plenty of reports tell the government what to do to solve the problems of trust faced by Indian investors, but they gather dust as looters loot at will. Regulators and policymakers are asleep at the wheel.
How is it that Indian investors have lost money to fraud in the regulated part of the financial sector. No wonder Indian investors remain wary of assets they cannot see, hold or dig into a hole.