Silicon Valley Bank failure is a text-book case of an asset liability mismatch. It’s roots are in poor risk management practices that zero interest rate decade in the US triggered. Like an episode of a fast-paced crime thriller, the story of the 16th largest bank of America, Silicon Valley Bank (SVB), moved from a...
Investors need protection from fraud, toxic products and mis-selling. Not from volatility. The Supreme Court may consider widening the terms of the panel on investor protection The Supreme Court (SC) has advised the government to set up a committee to review the current investor protection regime in light of the recent crash in the...
The finance minister has done well to stick to the path of fiscal consolidation, but whether people will move to new default tax regime will depend on some factors It has been clear for some time that the 2023-24 Union Budget was not going to be a pre-election exercise. The fiscal consolidation that was...
With the global crypto industry in a state of total disarray, the collapse of crypto giant, FTX, points to the grim future of an industry premised on decentralisation, albeit with no underlying asset to safeguard its value. The implosion on November 10 of one of the largest crypto exchanges in the world, FTX, valued...
A recent Sebi decision to scrap Brickwork Ratings’ licence has sent a strong message. Now, courts must consider carefully the issue of investor protection as many funds rely on rating agencies to deploy the household savings of citizens. The market regulator, Sebi, cancelled the licence of Brickwork Ratings because of poor stability in ratings, failure...
SEBI has reconstituted its advisory committee on Investor Protection and Education Fund (IPEF) and appointed Monika Halan as the Chairperson. Monika is noted author, writer, speaker and professor, NISM. The 8-member committee comprises two members from the MF industry – A Balasubramanian, MD and CEO, Aditya Birla Sun Life AMC and Mrin Agarwal, Founder, Finsafe...
Capital markets regulator Sebi has restructured its advisory committee on Investor Protection and Education Fund (IPEF). The panel is mandated to recommend investor education and protection activities that may be undertaken directly by the markets regulator, or through any other agency, for utilisation of the Sebi Investor Protection and Education Fund. The eight-member committee will...
Today there is a major aspirational class in India that wants to invest for growth… According to the Association of Mutual Funds, the assets under management of the mutual fund industry in India in 2014 were around ₹10 lakh crore. In these eight years, by June 2022, it has increased by 250% to ₹35 lakh crore. That...
A change in the narrative to an I-want-to-be-rich one has the potential to drive the next few decades of economic growth If you have ever found yourself wondering why the accelerator pedal is not doing its thing, and then looked down to see that if handbrake was on, you know exactly what India’s young are...
How ‘Money Box’ Helps You Manage Money | The ET Money Show We all get advices to live our in a certain way and manage money. But can we blindly follow others’ principles, definitely not! Each one of us earn differently and have our own style of living and worries to take care of. Therefore,...