Reserve Bank of India’s (RBI) Deputy Governor, V Leeladhar, made a telling comment at a public meeting recently. He said 80% of customer complaints pertained to credit cards, forcing the regulator to expand the scope of the Banking Ombudsman Scheme to include these complaints. It is important to remember that this statement comes
after the tough 2005 RBI guidelines have eliminated a...

I am a retail investor and a sub-broker with Kotak Securities; and I have a complaint regarding the passback given to the retail investors in IPOs by way of cash or kind. Very often, many sub-brokers issue newspaper advertisements offering such passbacks to lure investors to invest in IPOs. I can give you the names of some such sub-brokers who issue ads in my city - Jamnagar, Gujarat. They...

Bright Brothers makes plastics parts for autos. It should do well over the long term

Bright Brothers Limited (BBL), a micro-cap stock, has ranked high on our three-month rolling returns price screen this time. It makes high-quality, injection-moulded plastic products for automobile, industrial, consumer and material- handling sectors. Many of the plastic auto parts, like fenders, seat...