Deepak Karn

18+ Years in Banking & Capital Markets
Institutional mindset for retail investors.
Markets | Risk | Follow for Wealth Creation. |Views personal. 🇮🇳

[Deepak Karn @Thedeepakkarn]

If you are looking for a next multibagger, open the list of all textile related businesses and filter them based on normal parameters. MCap should be > 100 Crore. 👍

[Deepak Karn @Thedeepakkarn]

🇮🇳 Has RBI found a new weapon to protect the rupee?

The rupee has been under pressure for quite some time now. High crude prices, global yields, capital outflows… there are enough reasons for the rupee to remain vulnerable.
But something interesting has happened in the background.

Indian banks have mobilised over $136 billion in foreign currency, largely through FCNR deposits. At the same time, India’s forex reserves have moved to around $729 billion.

For me, the interesting part isn’t just the size of the number. It is what this gives RBI — firepower.

When you have a much larger pool of dollars available, you have greater flexibility to step into the market when the rupee comes under pressure. And markets are as much about confidence and perception as they are about fundamentals.

If traders know that RBI has the ammunition and the willingness to intervene, betting aggressively on a sharp fall in the rupee becomes a much harder game.

However, on the flip side, FCNR deposits are liabilities that eventually have to be repaid in foreign currency. So this isn’t a permanent solution to rupee depreciation.

But perhaps that isn’t the point. Maybe RBI doesn’t need to stop the rupee from falling. It just needs to ensure that the fall is orderly, gradual and not driven by panic.

And with $136 billion of additional foreign currency mobilised, RBI certainly seems to have added a significant new layer to its defence.

#RBI #Rupee #IndianEconomy #Banking #Forex #FCNR #IndianBanking #Economy

[Deepak Karn @Thedeepakkarn]

Are PSU Banks “Not Cool”? Perhaps the real issue is deeper.

Recently, our Hon’ble Finance Minister observed that PSU banks often have the vibe of traditional government offices and are “not cool.”

As someone who has seen the system from the inside, I can certainly relate to the observation. However, I believe there is another side to the story.

A bank is only as modern, agile and “cool” as its products, customer offerings, technology and the freedom its employees have to deliver them.

But there is another equally powerful force at play: audit and compliance.

In PSU banks, audit observations often carry enormous weight, while there is relatively little accountability for observations that may subsequently turn out to be incorrect or overly conservative.

The result?

Fear of audit. Fear of deviation. Fear of taking decisions.

Employees naturally start choosing the safest possible path rather than the most innovative or customer-friendly one. Over time, this creates a culture of extreme caution — and that is perhaps what makes a workplace feel “not so cool.”

My humble suggestion: we need to rethink the way audit and compliance are conducted.

What if a significant part of routine compliance could be converted into a more objective, standardized, technology-driven MCQ-style framework, where employees know exactly what is compliant and what is not?

The objective should be to distinguish between genuine misconduct and genuine mistakes/interpretations, rather than creating an environment where every decision is viewed through the lens of a possible future audit objection.

If we can reduce the fear and uncertainty surrounding routine audit and compliance, employees will have greater confidence to:

• Take informed decisions
• Experiment with new ideas
• Serve customers better
• Embrace technology
• Think beyond traditional processes

Give employees the confidence to act, and PSU banks may become “cooler” than ever.

Perhaps the answer isn’t to make PSU banks look more like private-sector institutions.

Perhaps the answer is to create an environment where people feel confident enough to think and act differently.

What do you think — is the “not cool” culture really a people problem, or is it partly a consequence of the systems and incentives we have created around them?

#PSUBanks #Banking #PublicSectorBanks #BankingReforms #Audit #Compliance #BankingTechnology #CustomerExperience #Leadership #FinancialServices

[Elon Musk @elonmusk]

India’s birth rate has fallen below replacement.

Among those most educated, India’s birth rate fell below replacement many years ago.

[Vijay Kedia @VijayKedia1]

Respected @nsitharaman ji and @FinMinIndia ,

Suggestion 1 of 3 for strengthening India's capital markets:
Long-term capital gains tax on listed equities should be abolished.

A long-term shareholder is not a speculator but a provider of patient risk capital. By investing in and holding businesses, investors help companies expand, create jobs, innovate and contribute to India's economic growth.

India requires enormous amounts of long-term capital to build world class enterprises, infrastructure and global champions. Tax policy should encourage households to move savings from passive assets, including imported stores of value such as gold, into productive businesses that create jobs, generate tax revenues and build national wealth.

The appreciation in a company's value is not created in isolation. During its growth journey, the government already collects corporate tax, GST, income tax from employees, customs duties, stamp duties and numerous other levies. Long-term capital gains are often the final outcome of economic activity that has already generated substantial tax revenues.

Most importantly, tax policy should clearly distinguish between investment and speculation. A long term shareholder is a partner in wealth creation, not merely a participant in market transactions. Tax policy should reward long-term ownership of productive businesses and distinguish it from short-term speculation.

India needs more patient capital, more entrepreneurship and more long term investing. Abolishing long-term capital gains tax on listed equities would be a powerful step in that direction.

Respectfully submitted.

[Deepak Karn @Thedeepakkarn]

@Mitesh_Engr Sorry dear. You are wrong here. We Cant even dream ..!

[Deepak Karn @Thedeepakkarn]

After analysing certain statements of Iran from before and after Islamabad talks , I get a strong feeling that Iran may agree to stop the enrichment of Uranium and will give up on making a nuclear bomb, which anyway is a waste of things for Iran. The cost of pursuing it is proving much higher than estimated. If Iran agrees to do that, the USA may be ready to adjust with other terms and that's how I see the war coming to an end.

[Deepak Karn @Thedeepakkarn]

Why are so many eateries in India cooking food as if it’s not even meant for human consumption?

You walk into a place hoping for a decent meal, and what you get is either drenched in oil, overloaded with artificial colours, reheated leftovers, or something that just doesn’t taste fresh at all.

No Hygiene, No Consistency, No Care.!

Food isn’t just a product, it’s something people trust you with. It goes into their bodies & affects their health,

And the number of such careless ones seems to be growing, and that’s the problem.

Customers don't ask for luxury. Just food that feels like it was actually made for people to eat.

[Deepak Karn @Thedeepakkarn]

People again committing same mistake. During this market fall, we should continue doing SIP to reap the benefits of unit allocation at lower price while on the contrary , people are again cancelling their SIP.
New SIPs plunged to 65.72L (↓ from Jan's 74L) Discontinuations dipped at 49.7L. Inflows DROPPED to ₹29,845 Cr . Stoppage ratio SPIKED to 75.6%

#SIP #NIFTY #MutualFunds #InvestSmart

[Deepak Karn @Thedeepakkarn]

Very soon, countries may start spending more on AI than on their defense budgets. 🤖🌍

[Deepak Karn @Thedeepakkarn]

Dear @RailMinIndia @RailwaySeva @AshwiniVaishnaw, @IRCTCofficial Sirs

Today is 14th March & 2nd AC tickets for LTT–Jaynagar Express for 13th May are already showing REGRET status on the very first day the booking window opens.

If tickets are unavailable the moment booking starts, what exactly are passengers supposed to do? How are we meant to rely on railways for long-distance travel if regular travellers can’t even get a chance to book?

Please advise me the best solution as I don't want to spend over 60K on air tickets.

[Deepak Karn @Thedeepakkarn]

Do the job. Accept the consequences. That’s bravery.

[Deepak Karn @Thedeepakkarn]

So true..our fathers have been real superhuman. 🙏

[Adv. Ayushi Doshi @AyushiiDoshiii]

Today I found my dad’s salary slip from 1996 , Rs 5,000 a month. Somehow, our plates were always full!!❤️

[Deepak Karn @Thedeepakkarn]

@YTKDIndia Thank you @grok

[Deepak Karn @Thedeepakkarn]

I Love the name of this handle 💓

[#YeThikKarkeDikhao @YTKDIndia]

Four BJP leaders. One city. And this is the result.

Chhapra’s “Model Development” on display. Open drains, garbage and sewage flowing beside the road.

MLA: Chhoti Kumari (BJP)
MP: Rajiv Pratap Rudy (BJP)
Deputy Mayor: Ragini Devi (BJP)
Mayor: Laxmi Narayan Gupta (BJP)

[Deepak Karn @Thedeepakkarn]

@smitaprakash How can a government set up become so corrupt that it lives on without doing even its basic work. ! I hate our Streets. It's so embarassing

[Smita Prakash @smitaprakash]

This country needs a Kooda Mantri. Someone who can be in charge of garbage disposal in the country. Municipalities are incapable of handling this gargantuan challenge.

[Deepak Karn @Thedeepakkarn]

@333maheshwariii Too much cricket.

Plus under T20 format, players are only bothered about hitting hard as the match will anyway be wrapped in just 20 overs and 10 others are also waiting in the dressing room. This format will kill cricket in the next 10 years .

[Deepak Karn @Thedeepakkarn]

Strong and confident message from Subrahmanyam Jaishankar at the Raisina Dialogue.

India’s rise is not dependent on the calculations or “mistakes” of other nations. It will be driven by India’s own strength, capabilities, and determination. As Jaishankar rightly said, India’s trajectory is unstoppable and will be shaped by Indians themselves.

Comments from Christopher Landau about the US not repeating its “China mistake” only reinforce why India must continue charting its own independent path — confident, self-reliant, and focused on long-term national interests.

A clear reminder that India’s growth story will be written in New Delhi, not in Washington or anywhere else. 🇮🇳

#IndiaRising #StrategicAutonomy #RaisinaDialogueXFirstpost

[Deepak Karn @Thedeepakkarn]

It’s difficult to understand what exactly is being celebrated here.

All India Institute of Medical Sciences Jodhpur is one of the country’s premier publicly funded medical institutions. Seats in such institutions are extremely limited and supported by significant public resources, faculty effort, and institutional infrastructure meant to train doctors who will serve patients and strengthen healthcare.

When someone completes an MBBS and then immediately moves away from the medical profession to pursue a completely different career path, it raises a fair question: what exactly is the achievement for the medical institution? Becoming an IAS officer through the Civil Services Examination (India) is certainly an accomplishment in its own domain, but celebrating it as a medical college milestone feels misplaced.

Thousands of aspiring medical students compete intensely for a seat in institutions like AIIMS with the hope of becoming doctors and serving in healthcare. When a publicly funded medical seat is used merely as a stepping stone to a non-medical career, it effectively means that valuable training capacity, faculty time, and public investment that could have produced a practicing doctor are lost.

This isn’t about questioning the individual’s right to choose their career. People are free to change paths. But institutions should be mindful about what they publicly celebrate. When a medical college highlights such transitions as a matter of pride, it risks sending the message that medical seats can be used as a prestige ladder before moving to bureaucracy or power.

Real pride for a medical institution should come from alumni who advance medicine, improve healthcare delivery, conduct impactful research, or dedicate their skills to patient care and public health.

At the very least, the institution could have chosen not to present this as a medical achievement. Doing so may unintentionally encourage more students to occupy scarce medical seats only to leave the profession later - something the healthcare system can hardly afford.

[AIIMS Jodhpur @aiims_jodhpur]

It is a matter of great pride for AIIMS Jodhpur that its alumnus Dr. Anuj Agnihotri (MBBS Batch 2017–2022) has secured All India Rank 1 in the Civil Services Examination 2025. 🎉

His exceptional achievement reflects dedication, perseverance, and a strong commitment to public service.

Prof. Dr. Goverdhan Dutt Puri, Executive Director, AIIMS Jodhpur, extended his heartfelt congratulations and best wishes as Dr. Agnihotri embarks on this distinguished journey of serving the nation. 🇮🇳

#CivilServices2025 #AIIMSJodhpur

[Deepak Karn @Thedeepakkarn]

It’s difficult to understand what exactly is being celebrated here.

All India Institute of Medical Sciences Jodhpur is one of the country’s premier publicly funded medical institutions. Seats in such institutions are extremely limited and supported by significant public resources, faculty effort, and institutional infrastructure meant to train doctors who will serve patients and strengthen healthcare.

When someone completes an MBBS and then immediately moves away from the medical profession to pursue a completely different career path, it raises a fair question: what exactly is the achievement for the medical institution? Becoming an IAS officer through the Civil Services Examination (India) is certainly an accomplishment in its own domain, but celebrating it as a medical college milestone feels misplaced.

Thousands of aspiring medical students compete intensely for a seat in institutions like AIIMS with the hope of becoming doctors and serving in healthcare. When a publicly funded medical seat is used merely as a stepping stone to a non-medical career, it effectively means that valuable training capacity, faculty time, and public investment that could have produced a practicing doctor are lost.

This isn’t about questioning the individual’s right to choose their career. People are free to change paths. But institutions should be mindful about what they publicly celebrate. When a medical college highlights such transitions as a matter of pride, it risks sending the message that medical seats can be used as a prestige ladder before moving to bureaucracy or power.

Real pride for a medical institution should come from alumni who advance medicine, improve healthcare delivery, conduct impactful research, or dedicate their skills to patient care and public health.

At the very least, the institution could have chosen not to present this as a medical achievement. Doing so may unintentionally encourage more students to occupy scarce medical seats only to leave the profession later—something the healthcare system can hardly afford.