Expense AccountFinancial LiteracyInvestmentsLet's Talk MoneyDecember 26, 2018by Monika Halan0Hard money lessons we learnt in 2018
2018 was a tough year for your money. Risk came home and we learnt 4 lessons.
Consumer RightsExpense AccountMintMoneyDecember 12, 2018by Monika Halan0Reserve Bank’s ‘independence’ costs you money
RBI's independence is important but so is accountability in its function as a regulator of banks. Retail consumers have suffered this lack of accountability in India due to RBI's turf issues.
Honest, rule-book loving men are the required characteristics of the new Indian regulators.
Consumer RightsExpense AccountFinancial LiteracyHindustan TimesDecember 30, 2017by Monika Halan0Why there is a bad smell about life insurance in India
Life insurance is destroying household savings in India. The regulators IRDAI and RBI are asleep at the wheel.
Expense AccountHindustan TimesMoney BoxPersonal FinanceUncategorizedDecember 19, 2017by Monika Halan0FRDI Bill’s bail-in clause: Two options for the government
RBI has been a poor regulator of retail customers. We are safer post FRDI than today. But given the fear, bail-in can be removed below a certain threshold. Or hard code consent in the Act.
Expense AccountFinancial LiteracyInvestmentsMutual FundsPersonal FinanceAugust 29, 2017by Monika Halan0Need supply side solutions to solve the household finance problem in India
Indian households are not stupid. It is the market that is broken
Consumer RightsExpense AccountMoney BoxPersonal FinanceJuly 11, 2017by Monika Halan0Banks to make good the money you lose to online thieves
RBI makes the banks liable to pay when you lose money online due to no fault of yours.
Consumer RightsExpense AccountInvestmentsMoney BoxMutual FundsJune 27, 2017by Monika Halan0Took a decade for RBI to even accept that banks mis-sell
The regulator was in denial for 10 years that banks were responsible for mis-selling. Accepting complaints now is too little too late.
Consumer RightsFinancial LiteracyInvestmentsMutual FundsPersonal FinanceApril 11, 2017by Monika Halan0Notes from the NIPFP Round Table on Suitability
To unpack the issues around a regulatory regime that rests its consumer protection thought on 'suitability', NIPFP organised a half day Round Table in August 2016. Highlights of the discussion.
Expense AccountMoneyPersonal FinanceMarch 28, 2017by Monika Halan0Irdai vs global standards in consumer protection
IRDAI goes three steps back in consumer protection