Payal Shah

Economics and financial markets enthusiast. Ambivert.

[Payal Shah @Payalshah2892]

@ActusDei @sugataghoshET But the collections so far have been good at 17 bn within 4 weeks. Some bankers are anticipating the pace to pickup in Aug and Sep.

[Paushali Sahu @PaushaliSahu]

Mumbai is finally witnessing what governance looks like when an honest officer simply does his job with integrity.
Famous eateries such as K Rustom, Shalimar and others are being raided, unhygienic dairies like Parsi Dairy are being shut, and now Maharashtra has introduced stricter food safety rules - free drinking water, no newspaper wrapping, staff health checks, food safety training, stricter hygiene and more.

Makes you wonder, if every IPS, IAS and IRS officer worked with this kind of integrity, how different would India look!

If you still do not know who I am talking about, it is newly appointed FDA Commisioner Tukaram Mundhe. 🫡

[Payal Shah @Payalshah2892]

@avasthiniranjan @InvestRepeat @iRadhikaGupta REITs have a characteristic of both capital gains and quarterly payouts. Will the fund also reflect the same ?

[Payal Shah @Payalshah2892]

@bhaktlaunda_ @bankofbaroda @HDFC_Bank @ICICIBank I completely agree. They don’t take customer complains seriously. Take days to get a simple query resolved in such times when everything can be closed so fast.

[Payal Shah @Payalshah2892]

@bankofbaroda I am holding an account for more than a decade. Activated my Internet banking last year, still not working. They decline the phone number linked with the account. Your customer care number doesn’t work. Wondering what world you are surviving in.

[Payal Shah @Payalshah2892]

@bankofbaroda Please improve your services. This has happened in the past as well. Also request an RM to connect with me.

[Payal Shah @Payalshah2892]

I am not even able to generate account statement. This is required as a part of ITR. Can someone from your team assist. I’m not in my hometown

[Payal Shah @Payalshah2892]

@Akshat_World Does this attract estate tax ? If yes, not sure if it’s tax efficient. A UCIT might be more efficient.

[Ronit Pereira @CAronitpereira]

“In India, barring a few communities (Gujarati, Marwadi), in other communities, not enough time is spend on learning Investing.”

“People are taught to spend a lot of time studying, but Investing is a skill set which is equally important.”

- S. Naren

Countries like Australia, Singapore, New Zealand have already made financial literacy a part of the school curriculum.

India’s financialization is underway, but people are not well equipped to handle it.

[Payal Shah @Payalshah2892]

@ActusDei Thanks for sharing. Very useful. Is there a UCIT with the same exposure ?

[Payal Shah @Payalshah2892]

@dugalira So largely along the lines of policy statement - indicating no urgency for immediate hikes ?

[Payal Shah @Payalshah2892]

@AxisMutualFund Hi i spoke to someone in your team. It’s clear now.

[Payal Shah @Payalshah2892]

@AxisBank your investment services are deteriorating. Sold my MF units of select schemes. The process concluded on 3rd Jun and yet to reflect in the account statement. Can someone from your team get in touch ? Wondering what’s the point of taking regular route ! @AxisBankSupport

[Smita Deshmukh🇮🇳 @smitadeshmukh]

The @MMRDAOfficial wants 2 lakh BKC corporates to leave their cars at home every Friday starting June 12 for Public Transport Day.
​Spoiler: It’s going to crash and burn. Here is why:
The last-mile nightmare: BKC is heavily car-centric. Getting off at Bandra/Kurla stations or the Metro is easy; getting from there to your office means surviving chaotic auto-rickshaw lines or waiting 25 mins for an already packed BEST bus.
Monsoon madness: Launching a walking/bus initiative in mid-June? Good luck navigating BKC’s concrete desert with zero shade or rain cover during a Mumbai downpour.
Rules for thee: Let’s be real. The CXOs and senior bosses aren't jumping into overcrowded locals. They'll just move their Friday meetings to Lower Parel or work from home.
​Great intent, but unless they flood the streets with hundreds of seamless, high-frequency feeder buses overnight, Fridays in BKC are just going to be an absolute mess.

[Payal Shah @Payalshah2892]

@AxisBankSupport @AxisBank @AxisBankSupport @AxisMutualFund

[Payal Shah @Payalshah2892]

@AxisBankSupport Got in touch with the support desk number you provided. The lady from Axis MF said she won’t be able to assist me on this. Tired or following up. Can you please ask someone from support team to get in touch ?

[Payal Shah @Payalshah2892]

@ActusDei Hi. Historically monsoon has less significant impact on both inflation and growth - I’ve seen the historical data myself. Also, India crude basket (mix of sweet and sour grade) for Jun has come below 100.

[Amarnath Shivashankar @Amara_Bengaluru]

Ridham Desai is a senior leader in a big firm. I am sure he has a high paying job and his Bonus component would be hefty too. His articulation is really good, English vocabulary is leagues ahead of many non-Elite-school average Indians like us.

But none of this gives him the right to throw random numbers at people. I made a collage of his/MS’s earlier predictions. How can you keep making such random claims and yet, get away?

How does Morgan Stanley allow this to happen?

[Payal Shah @Payalshah2892]

@anupammanur Even when money is moved from FDs to fixed deposits, it’s from one account to another account. Doesn’t leave the banking system. :)

[Payal Shah @Payalshah2892]

@sambhavdaga @ActusDei Agree. But they should consider raising the exemption limit given how market has evolved over the years. Don’t cut the LTCG, but raise the exemption limit - sure will benefit many retail investors.