Phoenix Financials

Option seller || Mutual fund distributor || Reader || Father || Learner || Ethics matter more than business.

[Phoenix Financials @Tradeesimply]

https://t.co/dwhEuIZ91i

[Raushan Shrivastava @OptionsFlavour]

“How many PSU bank employees in India have committed suicide due to work pressure over the past 10 years?”

Copy it and paste it into ChatGPT or Gemini.

Many people are making fun of bankers and losing their minds over the fact that bankers are going on strike from 28 Sep to 30 Sep.

But what if I tell you that what the public sees bankers doing is only 5% of their actual work?

The remaining 95% is internal work, much of which is pushed down by higher management.

And higher management only cares about whether those 95% of tasks are completed. If you don't complete them, you have no idea what you are going to face.

On top of that, bankers also have to deal with some nonsense customer demands, like some who make 100 UPI transactions every day but can't breathe until their passbook is updated every single day, even in the era of digital banking.

I was probably the happiest guy when I joined IDBI Bank as a PO in 2014, because it was a PSU bank back then and I was joining as an officer.

But within the first 2-3 days, I got frustrated after seeing the reality from the inside.

It was a government job, but the work pressure was worse than IT companies.

One of my brothers works in California and another works in Bangalore, so I know the work cultures in different sectors.

So, before making fun of bankers or judging them for going on strike, try to understand what happens behind the scenes.

I repeat,

“How many PSU bank employees in India have committed suicide due to work pressure over the past 10 years?”

Copy it. Paste it into ChatGPT or Gemini.

[Phoenix Financials @Tradeesimply]

#IRDAI made changes to existing policy and result was brutal fall in insurance stocks and many bank stocks.
Then we wonder why #FIIs are leaving INDIA...
Absolute mockery of #investors. No stability regarding any policy. Every week or two we do something CRAZY.

[Phoenix Financials @Tradeesimply]

As it is trade. Absolute no requirement to touch this one.

[Phoenix Financials @Tradeesimply]

Initiated this #trade in #nifty50 for October series.

[Phoenix Financials @Tradeesimply]

Adjustments done in this trade. Now it's simply patience game in this trade.

[Phoenix Financials @Tradeesimply]

Took this biweekly #trade in nifty.

[Phoenix Financials @Tradeesimply]

Took this biweekly #trade in nifty.

[Phoenix Financials @Tradeesimply]

Initiated this #trade in #nifty50 for October series.

[Phoenix Financials @Tradeesimply]

@SantaniSubhajit Solution is simple but @RBI won't implement. Stop selling #insurance at bank branches. Absolutely no insurance selling permitted to banks. If they wish they have to setup #subsidiary and allow insurance selling at subsidiary branches only. Bank branches shouldn't be able to sell

[Phoenix Financials @Tradeesimply]

@JM_Scindia @DoT_India @PIB_India But why should it be levied in first place ? Government should cut down un necessary revenue expenses.
Cut down freebies like ladli behna and all. Y punish honest people ? This will lead to excessive use of Cash and parallel economy will again flourish

[Phoenix Financials @Tradeesimply]

Fantastic management. Banks will take undertaking or declaration from the vendors that they are not passing MDR costs to consumers.
What sort of monitoring is expected from banks? People will switch to Cash as merchants will ask MDR amount separately from consumers.

[🚨Indian Gems @IndianGems_]

Don't worry Banks have been advised to ensure that merchants do not pass MDR costs on to customers: Report

[Phoenix Financials @Tradeesimply]

And they have brought STT, brought back LTCG. She herself increased stt by 50 percent in the last budget. Now they are planning MDR on UPI on mutual funds and stocks transaction as well.
Moreover #quarterly #settlements will make it recurring expense for investors

[RedboxGlobal India @REDBOXINDIA]

NIRMALA SITHARAMAN: INDIA MUST KEEP TAX POLICY INVESTOR-FRIENDLY, AVOIDING TAXES THAT DETER INVESTMENT, ENTERPRISE & INNOVATION

[Phoenix Financials @Tradeesimply]

Crisp.. clear... Honest. @Ashneer_Grover as always blunt to the face analysis

[TIMES NOW @TimesNow]

UPI Charges Row | Ashneer Grover Exclusive

In technology, India is known for one thing in the world, and that is UPI. Nothing else in the last 14 years. If they want to ruin this too, then it’s political suicide: @Ashneer_Grover speaks to @shreyadhoundial

[Phoenix Financials @Tradeesimply]

Keep it free for taxpayers... Be it receiver or payer. Make taxpayers feel acknowledged by something...
Keeping it free for all is first option always.

[Margin of Safety🇮🇳 @InvestorOfJAMMU]

Introduce a charge on every UPI transaction and I will uninstall all UPI apps from my phone and will revert to cash.

I am not ready to pay any charge on UPI.

UPI should remain free always.

[Phoenix Financials @Tradeesimply]

Simply beautiful quote 😍

[Phoenix Financials @Tradeesimply]

Initiated this #biweekly #trade in #nifty50.

[Phoenix Financials @Tradeesimply]

Police are awaiting you for PUC INSIRANCE SPEED LIMIT BREACH challans at Almost every taluka change.
Apparently safety on highways is to be ensured by yourself. Just PAY THE TOLL.
Y can't police be available at every samrudhi toll centres ?

[Whats In The News @_whatsinthenews]

HIGHWAY HORROR: FAMILY ROBBED ON SAMRUDDHI EXPRESSWAY

A family travelling on the Samruddhi Mahamarg in Maharashtra was allegedly targeted after their car’s tyre was punctured by objects placed on the road. A group of men reportedly surrounded the vehicle, assaulted the family and threatened them before fleeing with gold jewellery and cash worth around ₹18 lakh.

Police have launched an investigation and are searching for the suspects.

#SamruddhiMahamarg #MaharashtraCrime #HighwayRobbery #CrimeNews

[Phoenix Financials @Tradeesimply]

One Jantar Mantar protest has its visible impact on MODI 3.0
Y bring gen z into everything? Y we survived GFC 2008 ? Cause we had smaller banks and impact was minimal.
Govt should focus on policies rather than these vague irrational statements.

[Phoenix Financials @Tradeesimply]

People should do job at their best capacity. It's not their job to look COOL. For being cool they need infra support and peer to peer comparison should be fair with respect to per employee customers served.
Pvt peers focus on core banking and PSBs are forced into govt schemes.

[Phoenix Financials @Tradeesimply]

People should do job at their best capacity. It's not their job to look COOL. For being cool they need infra support and peer to peer comparison should be fair with respect to per employee customers served.
Pvt peers focus on core banking and PSBs are forced into govt schemes.

[Phoenix Financials @Tradeesimply]

Basic requirements for a consumer - choices to choose from at competitive pricing.
Finance ministry logic is simple- merge all PSBs or let them die slow death on account of overloaded employees with various govt forced schemes like PMJJBY PMSBY

Video recieved on WhatsApp...

[Phoenix Financials @Tradeesimply]

Basic requirements for a consumer - choices to choose from at competitive pricing.
Finance ministry logic is simple- merge all PSBs or let them die slow death on account of overloaded employees with various govt forced schemes like PMJJBY PMSBY

Video recieved on WhatsApp...

[Phoenix Financials @Tradeesimply]

@IndianGems_ Oops... Seems people forgot how to drive the car since E20 is launched(enforced).
Make new licence compulsory to avail E20.

[Phoenix Financials @Tradeesimply]

@RShivshankar Make education till 10th free for all. And subsidize education further... Lets have some backing to researchers doing some really meaningful work. RnD should be the focus.