Bobby Bindra

Oracle Consultant | Tracking Markets & Macro | Biker 🏍️

[Bobby Bindra @bbindraa]

Anarchists cannot prove "vote chori" in a court of law, yet they have the audacity to ask the very same courts to mandate state-provided facilities at their protest sites.

[Rahul Shivshankar @RShivshankar]

50 WARDS. FRESH POLLS. JUDICIAL MONITORING.

Forget "vote chori" this is "Election Chori". SC catches out AAP led administration. No one is sitting on Dharna in Punjab. No one is courting arrest. No one is shouting "election chor, gaddi chod".

IRONY JUST DIED 50 DEATHS!

[Bobby Bindra @bbindraa]

BJP isn't perfect, but at least it operates on a nationalist framework. Meanwhile, the Congress's only core strategy seems to be relaunching Rahul Gandhi every election season.

[Bobby Bindra @bbindraa]

The playbook: lose an election, claim democracy is in danger, create anarchy and back disruptive protests.

[Desi king @DesiKing_]

This Cow will get more likes than this Pappu.

[STAR Boy TARUN @Starboy2079]

Let me announce it officially

India is under regime change operation

A Bangladesh/Nepal type regime change will be attempted in India in next 3 months and the same western forces are behind it

Only people of India can stop it

Save India from going into hands of dogs

[Bobby Bindra @bbindraa]

@abhijeet_dipke “Not enough! Anything found to be not in accordance with the law is called 'illegal', and the person responsible must be charged accordingly."

— Chief Justice of Twitter, Supreme Commander, CA, CS, LLB, Hon. Chadijeet Bipke

[Bobby Bindra @bbindraa]

@BMTheEquityDesk Indian policies me flaws dhoondhte dhoondhte bhai seedha PKR stocks tak pahunch gaye. Next level diversification

[Bobby Bindra @bbindraa]

@sumitjh62333422 @onlyequities @deepakshenoy The new circular specifically updates the MDR for one-time P2M (Person-to-Merchant) transactions.

SIPs do not fall under standard P2M; they operate on the "UPI AutoPay" (Mandate) framework. The AutoPay framework rules have not been changed. It remains 100% free.

[Bobby Bindra @bbindraa]

@chirag @onlyequities @deepakshenoy Sabke liye dega. You are forgetting they make thousands of crores from Expense Ratios (AMCs) and brokerage fees. Paying a ₹20 network infrastructure fee to process a ₹1 Lakh transaction is a tiny operational cost for them, not a charity

[Bobby Bindra @bbindraa]

@manoj_216 Are we really crying that multi-billion dollar AMCs have to pay ₹20 on a ₹1 Lakh lumpsum, or that IRCTC pays a flat ₹5?

[Bobby Bindra @bbindraa]

@ss_shekhawat @Nupurkunia No double charges on SIPs. NPCI explicitly clarified that UPI Mandates (AutoPay) for recurring MFs do NOT attract MDR. It is 100% free.

Even on lumpsums, the 0.02% MDR is paid by the AMC/broker, not you. Only the standard 0.005% stamp duty gets deducted from your capital.

[Bobby Bindra @bbindraa]

@Nupurkunia switching to credit cards to avoid "fees" when credit cards literally charge merchants 2-3% MDR is peak panic economics.

[Bobby Bindra @bbindraa]

@JayneshKasliwal 1.4L on 45L volume is 3.1%. The actual MDR is 0.4% ONLY on payments >₹2,000. Assuming all your payments are below ₹75k (before the ₹300 flat cap kicks in), 0.4% of 45L is exactly 18k. And that’s only if zero customers paid under ₹2k. Buy a calculator before crying.

[Bobby Bindra @bbindraa]

UPI is still 100% FREE for you.

Dost ko paise bhejna: ₹0
Dukaan par QR scan karna: ₹0

The MDR charge is strictly B2B (paid by merchants), not consumers.

[Ira Dugal @dugalira]

NPCI's UPI fee structure is pretty well thought out.

➡️First and foremost, peer to peer transfers (sending money to your friend for splitting a bill, for instance), remains free.

➡️Merchant discount rate (fee for non-payment folks) is being introduced for payments above 2000 rupees to merchants (ie some kirana stores etc). The rate of MDR is 0.4%

➡️This fee, NPCI says, can't be transferred to the consumer, who pays listed price.

➡️Will all merchant payments be impacted? Maybe not. It depends on whether your merchant gets more than 1 lakh per month from UPI. Upto that limit, merchants wont need to pay.

➡️There was some concern about this impact mutual fund transfers via UPI. Here the fee is a lower 0.2%.

➡️Recurring payments, so SIPs or utility bills, are exempt.

➡️ Zero MDR on QR code payments in rural, semi-urban areas.

https://t.co/L7gbPomr5R

[Bobby Bindra @bbindraa]

@EquityInsightss ₹429 IPO -> 140x P/E in under a week. The math on that gap is the whole lesson.

[Bobby Bindra @bbindraa]

@Trendulkar Retail trying to pull a GameStop on a ₹13 Lakh Cr market cap while FIIs dump 50k shares every 3 seconds. Respect the optimism though

[Bobby Bindra @bbindraa]

Been digging into Syrma SGS's latest quarter:
• Revenue: +67% YoY
• Profit: More than doubled
• ODM mix finally reflecting in the numbers
Interesting case study in how EMS margins can expand as product mix shifts.