Vedanta Monk with a TEMPER. Stock Market Veteran. Wildlife lover. Dog/Cat lover. Not so serious photographer. Experiential travel student. Belief in YOLO ❤️
The "so called" industry captains don't have the gumption to tell the regulator, that is, @SEBI_India that money is coming fr an KYC compliant entity, that is, the banking industry! 🤔🙄 Cheez...the CEOs r happily collecting the PAY CHECKS & going for exotic vacations. 😡
#KYC
This MF industry boasts of 50 lakh cr AUM and 4 cr investors.
( Retail is less 50% of this AUM & that's a diff issue).
If they cannot handle this kyc mess for meagre 4 cr investors, how can they handle 10 or 15 cr investors in future.
This industry is a joke.
FD sahi hai!
The problems at #HDFCBank seem to stem largely from poor leadership, ineffective top management, and a serious erosion of ethics and values.
PSU banks generally follow a system of transfers every three years and periodic role rotations. At HDFC Bank, however, some individuals appear to remain in the same positions for years, raising concerns about accountability and the need for fresh perspectives.
Top management continues to enjoy its benefits, seemingly irrespective of performance or outcomes.
It is time to clean up the entire system, restore ethical values, strengthen accountability, and rebuild a culture of integrity and good corporate governance.
Initially, Anup Bagchi will have tough time
I will shortly list those employees in @HDFC_Bank who are at the same state, location n vertical since years and become vested interests in themselves and run a parallel system inside the Bank.
These satraps need to be targeted immediately by Mr Bagchi.
Only the names change, people’s response almost always remains the same- "greed and fear" - from "Tulip MANIA" in 1600s to "Railroad MANIA" in 1800s and "AI now" - list goes on ENDLESSLY 😊
@Vaidyajii1@avasthiniranjan@MFBALA@sundeepsikka
India is unique amongst global markets where 75% of the retail money is being invested in the mid and small caps. In every other bull markets most money flows to mkt leaders. This gush of liquidity has distorted Indian valuations to unrealistic levels. An NSE is valued as much as the NASDAQ, imagine that. Some day this distortion has to get corrected. I’m sure the retail investors would soon realise that money is not made just by throwing good money after bad. It may not happen tomorrow but the day of reckoning is coming up. My discussion at @NDTVProfit this morning.
Recently, a distant relative I barely know visited my home in Gurgaon. He is probably in his early 60s.
He finished his dinner, got up and went to the sink to wash his hands. Why couldn’t he take the plate with him?
I was thinking, who exactly are you expecting to pick up your plate? You’re not even in your own house.
Of course, I didn’t say anything. He was a guest and older than me.
The disturbing part isn’t even that he left his plate on the table. I genuinely don’t think it registered in his mind that he had left anything behind.
In his mind, dinner was over. The plate? Someone else would pick it up.
That’s how Indian men are trained. First your mother picks up after you, then your sister and then your wife.
Travel outside India and you realise how absurd this is.
We talk endlessly about preserving Indian culture. But we rarely ask which parts of that culture actually deserve to be preserved.
If ‘culture’ means a grown man can’t even pick up his own dirty plate because his mother, sister or wife will do it, maybe that part of our culture deserves to die.
Not everything old deserves to be preserved.
Hey listen you fucktard @elonmusk : no one gives a monkey’s toss about you. No one. Not in China. Not in India. And not even in your adopted United States. And remember we are India. We invented the Kamasutra so we can screw you in positions that even @SpaceX can’t imagine!
@Vaidyajii1@sreekotnur the list goes on… in my view it’s better to go with established fund houses like PPFAS, Mirae etc despite their flaws because of their ability to replace one good fund manager with another one (2/2) 😁
I don’t like the one man army fund manager theory. Almost everyone has the same story…starts with a bang and ends with a whimper…Samir Arora, Bharat Shah, Saurabh Mukherjee, Carnelian, Stallion, Kurinji, Purnartha...(1/2)
@Vaidyajii1@sreekotnur
Dear Mr Praloy Mondol / Narendra “Toxic “ Dikshit. at CSB Bank.
You signed up a corporate agency agreement with Ageas Federal Life Insurance ( AFLI )
A hefty signing up bonus was allegedly demanded from AFLI to be paid to a third party vendor VGS Holidays.
They could not deliver the amount so the insurer AFLI was asked to scoot off.
Even after one year of CSB board approved and a ceremonial signoff not a single policy for strategic SME Bancassurance is sold.
Why ?
cc @benwatsa@irdaindia@PMOIndia@RBIsays@RBI@DFS_India
India has turned mythology into a business where the storyteller makes money and the audience is discouraged from asking questions.
The problem isn’t that people believe in mythology. The problem begins when they demand that everyone accept it as history.
The moment you ask for evidence, suddenly you’re disrespecting religion.
A thousand people repeating the same story doesn't make it true. Neither does repeating it for a thousand years.
Simple - If you have evidence, it's history. If you don't, it's a belief. Why is that so difficult to understand
The Nifty has fallen 13.5% since the beginning of 2026. Foreign portfolio investors have withdrawn around $33 billion from Indian equities this year alone. But at the same time, monthly SIP inflows touched an all-time high of Rs32,490 crores in September.
In other words, should you pause your SIP for a bit? Or is it better to keep them going through every market correction?
In this episode, @kaul_vivek unpacks foreign investor outflows, record SIP inflows and falling markets, exploring what these trends mean for valuations and whether investors should continue their SIPs.
https://t.co/aDzVc8Xv4r
Kaizad Bharucha has requested cessation from the service of @HDFC_Bank with effect from the close of business hours on December 31, 2026.
Bharucha was considered for the top job at HDFC Bank twice-but missed out both times, and is now seeking an early exit.
Cybersecurity is 10% finding the vulnerability and 90% finding the person who can actually fix it.
Because somehow the vulnerability has an owner but nobody knows who the owner is and now the real incident response begins.
What Zoho has done so far:
• Cancelled this year's salary hike
• Cut its marketing budget
• Not grown its employee count for 18 months
But no layoffs. Vembu even apologised to employees for not being able to avoid this.