Learning From The Trade

Students exposed to top finance professionals in Summit SIBM

In Summit SIBM, a four-day management conclave spread over two weekends, where MoneyLIFE magazine was a media sponsor, management students were exposed to an array of top notch professionals from the financial sector. SEBI Chairman M Damodaran spoke about SEBI’s contribution to formal capital-market related education in with the...

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Ulips And Foreign Banks
Iam a client of a foreign bank at Bangalore and would like to highlight the business model they follow. A lot of their revenues mainly come from commissions and the distribution revenues of third party products, mainly investment-related products such as insurance, mutual funds, equity, bonds, fixed maturity plans etc. Insurance products generally fetch around 50% of the first year’s...
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How Good Is Your Bank?

A survey of bank depositors by consumer organisation Voice, funded by the Ministry of Consumer Affairs, has triggered a lot of introspection. Although somewhat flawed, the findings corroborate the anecdotal evidence of high customer complaints or lack of clarity about banking charges. MoneyLIFE had exclusive access to the survey. Sucheta Dalal summarises the findings and raises several...

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