Expense AccountPersonal FinanceUncategorizedAugust 5, 2015by Monika Halan0Home loans that defy gravity
Banks find a way to get around the base rate linked loans. RBI rate cuts are lost in transmission.
Expense AccountNarendra ModiPersonal FinanceUncategorizedApril 7, 2015by Monika Halan0Financial planning lessons from Prime Minister Narendra Modi
The PM speaks to a room full of bankers on RBI's 80th birthday. Focus on the problem ex ante is his suggestion.
Consumer RightsExpense AccountPersonal FinanceUncategorizedAugust 26, 2014by Monika Halan0RBI takes the first step towards customer protection
RBI releases the draft charter of consumer rights. Long road ahead to implementation.
Consumer RightsExpense AccountPersonal FinanceUncategorizedAugust 12, 2014by Monika Halan0A hunt for PPF that leads to toxic sales pitches
Banks brazenly sell toxic insurance products to me as I request and seek a PPF.
Consumer RightsExpense AccountPersonal FinanceUncategorizedJuly 15, 2014by Monika Halan0The Indian Banks’ Association is shockingly anti-consumer
The Indian Banks Association has stalled reform that benefits the bank customers. Profits over people for the IBA.
Consumer RightsExpense AccountPersonal FinanceJune 17, 2014by Monika Halan0Court takes a hard stand on insurance mis-selling
Brazen cheating happens in Indian banks when they sell financial products. The courts are taking action, but unless there is political will, nothing will change.
Expense AccountJanuary 28, 2014by Monika Halan0Payment banks for inclusion
RBI breaks out of the cave and allows payment banks in India. With lending off the table, payment banks don't pose systemic risk while allow for more supply in the payments business.
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 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.