Indian financial sector regulators are moving towards the superior the Indian Financial Code. But, gosh, they kick and scream!
Banks don't want to turn brokers of insurance products in India as it will make them responsible for what they sell. Not something they want to do!
Expense AccountPersonal FinanceDecember 31, 2013by Monika Halan0In 2014, work towards making the God of Small Things smile
Don't get trapped by the hot stocks in 2014 headline. Stay safe. Stay boring. And make money for the long term.
Expense AccountInvestmentsUncategorizedDecember 26, 2013by Monika Halan0Six changes that will make the inflation-plus bond work
6 things RBI needs to do to get the retail investor to buy the inflation indexed bonds.
Expense AccountMintDecember 24, 2013by Monika Halan0The year that put aam-aadmi money concerns centre stage
Regulatory change is a long road. 2013, that seemed as the year when hope died, finally did its bit.
Expense AccountNovember 26, 2013by Monika Halan1RBI: Just good intent isn’t enough to treat customers fairly
RBI needs to go beyond theory to implement Treating Consumers Fairly in practice. It is a regulator behind the curve.
Expense AccountPersonal FinanceNovember 19, 2013by Monika Halan0From a wannabe MF, the NPS should go back to basics
To take a great financial product and corrupt it takes a particular bent of mind. We're seeing it happen with the NPS in India.
Consumer RightsPersonal FinanceNovember 12, 2013by Monika Halan0Sebi gives RBI a chance to clean up mis-selling by banks
Regulatory turf wars hurt consumers of finance. Mis-selling mutual funds by HSBC Bank fell in the cracks between RBI and Sebi.
Consumer RightsExpense AccountPersonal FinanceOctober 29, 2013by Monika Halan0Dr Rajan, will RBI look after consumer protection finally?
RBI needs to wake up and smell the coffee. Banks need to be regulated when they sell third party financial products.
Expense Account, Mint After I finished a masters in economics from the much venerated Delhi School of Economics where we worked on complicated three-page equations that would solve the economic problems of the world, I realized I was financially illiterate. I couldn’t sign a check nor manage my bank accounts properly. It took some hefty...