Nishit Shah, CFA

Founder and CEO, ViSolitech Investment Advisor, Chartered Holder from CFA Institute, SEBI Registered Investment Advisor.

[Nishit Shah, CFA @ShahNishit1]

@4eo @mbvishwa82 IMPS is not quick?? Lagta hai aapka sabun (Network) bhi slow hai.

[Nishit Shah, CFA @ShahNishit1]

@authorajay @zerodha I do zerodha transfer through NEFT, RTGS and IMPS for free... Am I missing something here?

[Nishit Shah, CFA @ShahNishit1]

@terminator1229 People doing small transaction will be using UPI and big transactions will use Free NEFT, RTGS and IMPS. What's the problem? Convenience is something that goes away as one needs to add beneficiary first for the bank transfers but it's ok for big transactions.

[Nishit Shah, CFA @ShahNishit1]

@ajayrotti I believe paying for credit card transaction should be the only transactions which should be charged a Fee. All else should be free if digital payments to be encouraged and also cost of this can easily be compensated by cost of printing and distributing money and other expenses

[Nishit Shah, CFA @ShahNishit1]

@kothariabhishek That's a big decline in analytical acumen in quest to target everything the government does.
Is MDR a tax?
So Visa and MasterCard burdening tax payers?
Please compare the MDR rates of Visa or MasterCard.
One thing that can be argued is how will this MDR affect digi transactions.

[Nishit Shah, CFA @ShahNishit1]

@kothariabhishek That's a big decline in analytical acumen in quest to target everything the government does.
Is MDR a tax?
So Visa and MasterCard burdening tax payers?
Please compare the MDR rates of Visa or MasterCard.
One thing that can be argued is how will this MDR affect digi transactions.

[Nishit Shah, CFA @ShahNishit1]

@navinkhaitan @PankajPachauri India is 3rd in GDP PPP per capita. I wish we had higher growth as our potential is way higher if we stop stupid cash transfers for unproductive purposes, but I think given Covid and second oil shock in this period it's fair. Not the best but fair.

[Nishit Shah, CFA @ShahNishit1]

@talk2anuradha Please add Laadli behna yojna and other such yojnas of all states too. Money going down the drains without productive use.

[Nishit Shah, CFA @ShahNishit1]

@AshishGupta325 Was this decision of government or the RBI?

[Nishit Shah, CFA @ShahNishit1]

@kothariabhishek By all standards it should given the nominal growth rates. Things stay expensive if nominal growth rates are high. Structurally we aren't a high nominal growth rate country once we used to be.

[Nishit Shah, CFA @ShahNishit1]

@kothariabhishek Absolutely needed..
1) Cost of bulk deposits is around 7% to 7.15% so direct cost saving of 50 to 65 basis points.
2) Credit to deposit ratio is at multi year highs and this money helps cushion CD ratio.
3) No SLR or CRR so actual cost even lower than the domestic deposits.

[Nishit Shah, CFA @ShahNishit1]

@growth_edge_ Please eleborate what Different approaches do each fund have? I have people asking this questions but no one able to answer.

[Nishit Shah, CFA @ShahNishit1]

@MAYANK8382 @BindassPrasad @kothariabhishek Loan is taken at 6.25%-6.5%. Against that loan is given at 5.75% which is a spread of around 0.5%. The difference funded by wholesale market which is around 5.2% so technically its a no cost for banks. Just like businesses keeping FD at bank @6.5% and take loan at 7% against it.

[Nishit Shah, CFA @ShahNishit1]

@kothariabhishek Agreed, in quest to deploy fast and show better NIMs banks should not lend recklessly.
I think banks can use the following ways to manage liquidity.
1) Repay higher cost bulk deposits or not renew at higher cost.
2) Lend excess money to high quality NBFCs that borrow at 7.5-8%.

[Nishit Shah, CFA @ShahNishit1]

@BindassPrasad @kothariabhishek Please elaborate how is this a scam?

[Nishit Shah, CFA @ShahNishit1]

@kothariabhishek Are stock prices (Index) always rational in short term?
They track EPS growth rates. Now tell what has been EPS growth rates not profit growth rates of highest weighing stocks in index.

[Nishit Shah, CFA @ShahNishit1]

@kothariabhishek @IDFCFIRSTBank @KotakBankLtd Isent that the entire point of comparing efficiency. Lower branches higher business. Another point of efficiency that would be interesting is business per employee of these banks.

[Nishit Shah, CFA @ShahNishit1]

@kothariabhishek @HDFC_Bank @ICICIBank @AxisBank @KotakBankLtd I think IDFC First bank will beat all the above very soon in those department.

[Nishit Shah, CFA @ShahNishit1]

@kothariabhishek He went there to play Garba?
Expecting better from an analyst who has macro as well as micro view and analytical skills.