He firmly believed that most young entrants into the broking space were commission focused and their 'recommendations' arising from their own need to make you trade to maximize their turnovers
Read MoreHe blamed the bad loans of public sector banks on just 30-50 companies, saying accounts of these will have to be fixed to solve the issue
Read MoreRBI Deputy Governor S S Mundra on Thursday (March 23) declined to spell out the central bank's position on farm loan waivers amid growing clamour in some states in this regard.
Read MoreThere's a new business model in town - and it involves vilifying your trusty Mutual Fund Independent Financial Advisor (IFA) and espousing direct plans of Mutual Funds instead
Read MoreThe finance ministry has called bankers into a meeting on Friday to discuss setting up a new facility to absorb surplus cash in the banking system
Read MoreBy purchasing your policy online, you’ll be in complete control of the entire process – right from the preliminary research to the shortlisting and final execution
Read MoreIndian companies struck a record $72 billion in M&A deals last year, doubling from the previous year. However, total fees for investment banking, including M&A, debt and equity, declined to $463 million last year from $491 million a year ago
Read MoreMarkets would finally be efficient, and assets would never trade above their fair values. But alas! Every few years, stratospheric prices give way to catastrophic asset bubbles
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