Posted inFinance
Financial Literacy : Banks are feeling the heat. Mutual Funds getting richer.
The banks are feeling the heat of growing financial literacy in India. The RBI Governor Mr. Shaktikanta Das has recently said that the growing…
Posted inFinance
Would SEBI take cognizance of this ‘mal’practice of banking brokers?
The ICICI Direct is the broking arm of ICICI bank. ICICI people encourage to open 3 in 1 account (bank account, trading account and…
Posted inFinance
The gimmick of a Basic Service Demat Account (BSDA)
The Securities and Exchange Board of India (SEBI) wants to show her solidarity with retail investors. In this effort, it endeavors to regulate a…
Posted inFinance
SEBI circular is full of loopholes
E-mail to be made default mode of dispatch for CAS from 1st August 2024 From 1st of August 2024, e-mail address of client will…
Posted inFinance
NPS investors to get ‘extra’ return of ONE DAY.
Due to technological intervention of PFRDA, the contributions made to NPS account till 11 am will be invested the very same day. Earlier, it…
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Who are the masked beneficiaries of retail traders’ loss in F&O?
As per a Bloomberg news report, Indian retail investors lost Rs 5.4 billion dollar in F&O in FY 22. Since stock market is a…
Posted inFinance
Hike in STT rate : A double whammy for loss making retailers of D-Street
Intro: Tax treatment has never been a dampener for gamblers and speculators. Therefore, Increase in STT rate will prove a double whammy for loss…
Posted inFinance
The F&O Loss Syndrome: Incentivize ‘Spread’ to save all stakeholders
SEBI report says that 9 out of 10 retail traders incur loss in F&O.• Clamping on retail F&O trade will affect revenue of Exchanges,…