@SBICard_Connect as a response to earlier complaint SR1416793835865, I received an email on 19th Aug saying We would like to inform you that as per our records, the transaction dated 17.07.2026 for Rs.3121.06, has not yet been confirmed by the concerned merchant.
All proofs submitted. Either credit the reward or reverse transanction if you are not able to confirm after a month. Your representative checked everything online and himself filed the complaint. Also , share the escalation matrix as I am doing this 3rd time
Furthermore, we hereby inform you that the transaction gets cancelled automatically, in case the same is not confirmed within 9 days from the date of debit. It is almost a month from the data of transaction. It was valid transaction &reward should be credited. Why are you waiting
@SBICard_Connect raised complaint regarding missing fuel surcharge waiver and rewards. It is octane card and case was closed saying reward and waiver limit reach. Th limit is available. Please advise. SR 1416421145465
@BaluGorade Why liquid funds ? Arbitrage are more tax efficient. Start SIPs 25 months before and withdraw lumpsump ( equal to 12 months SIP amount) as per the need ( most tax efficient way)
@ActusDei While we calculate the cost of education on excel for our children, can someone from your team check ROI on this education..atleast for breakeven..looks difficult with less and low paying jobs at entry level without factoring AI impact.. need to educate parents on this aspect
What stops India from being a key exporter of financial services? You heard me right, EXPORTER of financial services. I mean banking, asset management, insurance and much more. The answer is a failure of ambition and imagination.
Today Indians run many of the world's leading banks, asset managers and pension funds. But they're forced to work in the West, because that's where those institutions are located. Indian fund managers are almost entirely inward looking, picking stocks and strategies within the same tired pool of 500 companies. Ask them about the Chinese or Brazilian market and they'll just shrug their shoulders.
What about GIFT City? The Govt has thought of GIFT city mainly as a route for foreign capital to enter India. As a by-product, Indian capital is also being invested overseas through it. But the government hasn't actually envisaged a third situation - Indians managing money for people around the world - global portfolios of Indians, NRIs and foreigners. We continue to leave that job to London, Hongkong and now Dubai.
What needs to be done? GIFT City funds must be tax-sheltered from capital gains tax on churn inside the fund, for starters. Let the tax fall on investors - those in India will pay tax per Indian rates and NRIs will pay tax in their home countries. IFSCA must make it quick and easy for entrepreneurs - investment advisors, research analysts, fintechs and others to register with it and start offering services - cut away net worth requirements to a bare minimum. Banks should be allowed to offer multi-currency accounts freely (without the 180 day rule) and issue cards against them. Of course, under the oversight of Indian authorities.
GIFT is an audacious experiment. But to succeed, the government must truly set it free - overrule its own instincts to control money. The best way to defend the rupee is exports, not capital controls. India has IT, pharma - it is time for financial services.
@suchetadalal If there are 500 rickshaw outside any station in Mumbai why cant there be just 30 buses...there is demand but we want traffic ....can be done in 1 year 20 rickshaw equal 1 bus
@ActusDei It all depends on what is getting funded by the capital raised. ALM is easy for banks. Also, with such put, buyback and other features ultimate returns tends to equal FD. Even if the returns are attractive, 5 Lakh insurance, ease of transaction and bank network can't be matched
@aparanjape His roles in โSarkar Rajโ and โLage raho Munna haiโ are unforgettableโฆone of the finest actor in Marathi and Hindi entertainment industry