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 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 Account, Mint The date is 5 October, 2011. Bob Shiller arrives 15 minutes late to class. He’s teaching his signature Behavioural Economics course and it’s the Fall Semester at Yale. I’m sitting in the class as one of the several World Fellows who’ve taken the course as part of our work during the semester...
Expense AccountOctober 9, 2013by Monika Halan0Belafonte was right. The woman is smarter than you think
Expense Account, Mint Talk about money management to most women and you get the eye roll, the head shake and the disparaging half laugh that says—what, me, manage money? I get a variety of responses when I’m introduced as a personal finance writer. I get the self-deprecating confession: Oh, I know nothing about it—I simply...
Expense Account, Mint When I met the head of one of the largest private sector life insurance companies last week in Mumbai, he was clear that the 1 October 2013 deadline to re-engineer the traditional (money-back, endowment, whole life) plans in life insurance would at most be breached by two weeks to a month. (Market-linked...
Expense AccountSeptember 18, 2013by Monika Halan0Why Belgian and Dutch organ donation data are so different
Expense Account, Mint The past month has seen an escalation in insurance pitches. Personal calls, emails and SMSes have gone up as have questions received from readers and viewers and on Twitter. The pitch is simple: Life Insurance Corp. of India (LIC) will stop selling its best selling products from 1 October, so invest now,...
Expense AccountSeptember 11, 2013by Monika Halan0What slowing growth has to do with why we’re feeling so low
Expense Account, Mint Have you been feeling low lately? Generally pessimistic and grumpy? I met a colleague in the lift bay and swapped stories. A fund manager drops by to meet me and we discuss how everybody feels much older than before. That the last 10 years feel like 20. Many conversations over the past...
Expense AccountSeptember 4, 2013by Monika Halan04.5% growth can’t sustain 9% growth pegged lifestyles
Expense Account, Mint The looming clouds of disaster are now overhead as economic data quarter after quarter show how serious the downturn is and expose the government lies, doublespeak and market talk-up over the last three years. As veteran employees, we learn to decode the signals of a slowdown fairly quickly. At the beginning of...