PayTM Karo has captured the imagination of Indians. So while 200+ million Indians are already registered on their platform, selling them financial services is a big challenge. Here are the challenges that I perceive for the Paytm Payments Bank. Financial Behavior Financial decisions is a deeply personal behavior thing. Improving financial behavior with technology is an… Continue reading How Paytm Can Sell Insurance to 500 Million Indians
While the Goods & Services Tax is a transformational structural reform which will have multiple benefits, there is the usual chaos when there is a major change from the existing systems. Here is a small example which makes GST extremely simple to understand for everyone. The long-term benefits of the creation of a national market; enhanced ease… Continue reading GST and the Impact on Consumers
Well, we have a recent example. Pakistan was the underdog but won the Champions Trophy 2017! And investing, just like cricket can be a funny game. But let’s not digress from the topic, the ETFs. Let’s try to understand what ETFs are and try to figure out why it can be a winning investment for you. Before… Continue reading Why ETFs, the Underdogs Now, Will Win for Sure
We woke up to a shocking news recently. A jovial society member, just a few years elder to me, had succumbed to cancer. It came as a shock because we didn’t know about cancer afflicting him six months ago. We learned that six months back, he complained of a sore throat and he didn’t take it… Continue reading Did you secure your family’s future?
While waiting for my draft at the bank, I overheard the Banker telling a customer that she’ll get Rs 575 monthly interest for her Rs 1 Lakh deposit. The customer was aghast as such a low sum of Rs 575 monthly payouts per Rs one Lakh fixed deposit. She was distressed that her saving of Rs 10… Continue reading Financial Friday for Family and Friends
When my wife and myself sat for a review of our financial situation, we had clear dreams and goals that we wanted to achieve. We were looking at investing 20-30 percent of our income at present in long-term investment options and intend to grow this surplus money for better returns. Though we do not have much knowledge about equity markets we are pretty… Continue reading Birla SunLife’s Sabse Important Plan (SIP)
LIC, India’s most trusted Insurance brand, is launching a policy on 16th May, 2017 that has attractive benefits in the world of reducing interest rates. At the end of the premium paying term, LIC is guaranteeing you to get 8% of the sum assured every year. This plan is similar to Jeevan Tarang (178) Plan which… Continue reading LIC’s Jeevan Umang Guarantees 8% of Sum Assured as Survival Benefit