Ashish Choudhary -PMP,PMI ACP, Lean sixsigma BB, AI,Agile

Over the last six years, Large Cap Active Funds have received less than Rs. 1 out of every Rs. 10 net inflows into active funds. So what? Coming up in #DSPNetra on 5th August

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✨ 𝐍𝐞𝐭 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐢𝐬 𝐞𝐯𝐨𝐥𝐯𝐢𝐧𝐠—𝐑𝐁𝐈’𝐬 𝐢𝐧𝐭𝐞𝐫𝐨𝐩𝐞𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐩𝐥𝐚𝐧 𝐰𝐢𝐥𝐥 𝐬𝐨𝐨𝐧 𝐦𝐚𝐤𝐞 𝐢𝐭 𝐬𝐞𝐚𝐦𝐥𝐞𝐬𝐬 𝐟𝐨𝐫 𝐞𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭𝐬! 𝐈𝐧𝐭𝐞𝐫𝐨𝐩𝐞𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐢𝐧 𝐧𝐞𝐭 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬 was a surprise move by RBI, bringing new life to a system many thought would fade away. It all started with the ‘𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐕𝐢𝐬𝐢𝐨𝐧 𝟐𝟎𝟐𝟓’ 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭 𝐢𝐧 𝟐𝟎𝟐𝟐, and in 𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟒, RBI Governor Shaktikanta Das officially announced this game-changing plan. Here’s how it works today: Merchants depend on payment aggregators (PAs) to connect with banks. These PAs have to integrate with each bank individually—there are 40+ banks! Some PAs even use other PAs’ systems to cover smaller banks, which adds extra steps and higher costs. Banks aren’t satisfied about this setup either—it doesn’t bring in more customers or higher volumes. Net banking for e-commerce checkouts, for now, is mostly used for big-ticket payments like 𝐢𝐧𝐜𝐨𝐦𝐞 𝐭𝐚𝐱, 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐩𝐫𝐞𝐦𝐢𝐮𝐦𝐬, 𝐦𝐮𝐭𝐮𝐚𝐥 𝐟𝐮𝐧𝐝𝐬 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬. The average transaction size? A hefty ₹𝟐.4 𝐥𝐚𝐤𝐡, compared to UPI’s ₹1,500. In 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟑, net banking handled 𝟑𝟖3 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐰𝐨𝐫𝐭𝐡 ₹𝟗𝟑.𝟖 𝐥𝐚𝐤𝐡 𝐜𝐫𝐨𝐫𝐞. That’s big, but the process could be so much smoother. RBI’s plan for interoperability changes everything: - One platform will connect all PAs and banks, ending the need for separate integrations. - Merchants get faster settlements, and costs will likely come down (as they did with UPI). - Refunds and disputes will have clearer rules, with proper tracking and faster resolutions. - Smaller banks and more merchants can join the system easily, making it more inclusive. A 𝐩𝐢𝐥𝐨𝐭 is already running with 𝐈𝐂𝐈𝐂𝐈 𝐁𝐚𝐧𝐤 𝐚𝐧𝐝 𝐇𝐃𝐅𝐂 𝐁𝐚𝐧𝐤, and more banks will join soon. 𝘙𝘉𝘐’𝘴 𝘱𝘭𝘢𝘯 𝘧𝘰𝘳 𝘪𝘯𝘵𝘦𝘳𝘰𝘱𝘦𝘳𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘪𝘯 𝘯𝘦𝘵 𝘣𝘢𝘯𝘬𝘪𝘯𝘨 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘪𝘴 𝘢 𝘣𝘪𝘨 𝘭𝘦𝘢𝘱 𝘧𝘰𝘳𝘸𝘢𝘳𝘥. 𝘐𝘵 𝘴𝘪𝘮𝘱𝘭𝘪𝘧𝘪𝘦𝘴 𝘱𝘳𝘰𝘤𝘦𝘴𝘴𝘦𝘴, 𝘴𝘰𝘭𝘷𝘦𝘴 𝘳𝘦𝘢𝘭 𝘪𝘴𝘴𝘶𝘦𝘴 𝘭𝘪𝘬𝘦 𝘴𝘦𝘱𝘢𝘳𝘢𝘵𝘦 𝘪𝘯𝘵𝘦𝘨𝘳𝘢𝘵𝘪𝘰𝘯𝘴, 𝘩𝘪𝘨𝘩 𝘤𝘰𝘴𝘵𝘴, 𝘢𝘯𝘥 𝘴𝘦𝘵𝘵𝘭𝘦𝘮𝘦𝘯𝘵 𝘥𝘦𝘭𝘢𝘺𝘴. 𝘉𝘺 𝘤𝘰𝘯𝘯𝘦𝘤𝘵𝘪𝘯𝘨 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨 𝘰𝘯 𝘰𝘯𝘦 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮, 𝘯𝘦𝘵 𝘣𝘢𝘯𝘬𝘪𝘯𝘨 𝘣𝘦𝘤𝘰𝘮𝘦𝘴 𝘮𝘰𝘳𝘦 𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘵, 𝘢𝘤𝘤𝘦𝘴𝘴𝘪𝘣𝘭𝘦, 𝘢𝘯𝘥 𝘴𝘤𝘢𝘭𝘢𝘣𝘭𝘦. 𝘛𝘩𝘪𝘴 𝘮𝘰𝘷𝘦 𝘸𝘪𝘭𝘭 𝘮𝘢𝘬𝘦 𝘩𝘪𝘨𝘩-𝘷𝘢𝘭𝘶𝘦 𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘦𝘢𝘴𝘪𝘦𝘳 𝘸𝘩𝘪𝘭𝘦 𝘳𝘦𝘥𝘶𝘤𝘪𝘯𝘨 𝘜𝘗𝘐’𝘴 𝘭𝘰𝘢𝘥, 𝘪𝘮𝘱𝘳𝘰𝘷𝘪𝘯𝘨 𝘵𝘩𝘦 𝘦𝘯𝘵𝘪𝘳𝘦 𝘱𝘢𝘺𝘮𝘦𝘯𝘵 𝘦𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮. #DigitalPayments #NetBanking #Innovation View are personal

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📢 𝗨𝗣𝗜 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗦𝗶𝗺𝗽𝗹𝗶𝗳𝗶𝗲𝗱 𝗳𝗼𝗿 𝗡𝗥𝗜𝘀 🎉 ICICI Bank has enabled UPI payments in India for #NRI customers using their international mobile numbers. 💸 NRIs can now pay utility bills, conduct merchant and e-commerce transactions hassle-free with their international mobile number & #iMobile Pay app. 📱 ICICI's NRE/NRO account holders need not switch to an Indian number anymore for using #UPI services. 🌏 This feature is available to ICICI customers across 10 countries - USA, UK, UAE, Canada, Singapore, Australia, Hong Kong, Oman, Qatar & Saudi Arabia. source: https://lnkd.in/g_3pv3Yp (views expressed are my own)

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ICICI Lombard is a perfect case-study on how to not run a consumer facing company. To not sound like a rant, I'll make it look like a product teardown. ❌ Broken dev/QA/UAT Deployed a build on Google Playstore (4th Oct'24) with the release notes saying: "Seamless journey for manual policy addition" - well, the flow is still broken ❌ Unrealistic expectations from paying customers Do you add your FDs or account balance when you install a banking app? No, right? The system should fetch the policies listed against the user ❌ CX processes completely aloof from "C" Reiterating the same "resolution" back and forth without even acknowledging that none of their resolutions are working Google Playstore is full of non-functional app complaints. Looks like hardly anyone sees them ❌ Bad UI designing The help-text clearly says that I need to enter the characters in lower-case. When I'm doing that, a CX guy calls me, saying that "I'm entering it wrong, the letters should be in upper-case and that's where the issue is happening" ❌ Irrelevant error-messages Error pop-up showing my registered mobile number and then, asking me to signIn via my registered mobile number ❌ Deadlocked processes You need their app to raise a claim request and their app doesn't work Case-conversion (lower <>upper), account-linking etc are weekend projects for engineering graduates. Not sure how these fundamentals are broken for a company in the insurance domain. If you guys are planning to do a product case-study, this is an excellent example of how NOT to build a consumer facing platform. Hope some-one at ICICI Lombard takes cognisance and looks at these issues.

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The #Pyramid of #Wealthy in #India. Which layer are you in? Which one are you shooting for in the next 10, 20, 30 years? Note: Too many people shoot too low. DoorDarshi India Fund DoorDarshi Advisors

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An interesting text came up in my alumini group came up today. Looks like IDFC FIRST Bank is hiring for upcoming/aspiring Product Managers with 1+ Years of experience for their Tech & Digital capability. Would encourage all the upcoming and aspiring Product folks to use this opportunity and apply on the link below https://lnkd.in/g5aKQT5K P.S - Just an informational post, I don’t know the Hiring Manager or the recuriter. But its a legitimate opening 🙂 #Jobs #ProductManagement

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India's Outperformance: A Precarious Perch The Emerging Market Index relative performance to S&P 500 Index is at the level last seen in 1969, i.e. 55 years ago. While India, just at the end of Sep'24 was trading at its 2nd highest relative price performance vs S&P 500 Index since 1994. India's stock market has been on a stellar run, consistently outperforming its emerging market (EM) peers and even the S&P 500 Index. The 4yr rolling CAGR of relative performance of India over US vs EM over US favours India and is currently at a differential of 18.2% CAGR, the highest number registered ever. This exceptional performance has been driven by a combination of factors, including strong domestic fundamentals, corporate earnings growth, and a favorable macroeconomic environment. However, the question remains: Can India sustain this outperformance? A Precarious Premium India currently trades at a significant premium to the ex-India EM basket, valued at around 80% (latest). This premium suggests that investors are willing to pay a higher price for Indian equities due to their perceived superior growth prospects and quality. However, such a premium carries risks. If other EM markets, particularly China, experience a rebound, investors may shift their allocations away from India, leading to a potential correction. Slowing Earnings Growth While India's corporate earnings have been robust, there are signs of slowing growth. Factors such as rising interest rates, inflationary pressures, and global economic uncertainties could impact corporate profitability. If earnings growth fails to keep pace with valuations, the market could face downward pressure. China's Resurgence China's recent economic slowdown has been a significant drag on the broader EM market. However, the Chinese government has taken steps to stimulate the economy, including implementing measures to support real estate and infrastructure sectors. If these measures prove effective, China's stock market could experience a re-rating reducing the valuation gap that has persisted for quite a while. The Risk of Reversal Given these factors, it is possible that India's outperformance could be at risk of reversing. The high valuation premium, slowing earnings growth, and the potential for a Chinese market rebound all pose challenges to sustaining India's current trajectory. While the country's strong fundamentals and growth prospects remain attractive, investors should exercise caution and consider the potential risks associated with the current market conditions. Source: #DSPNetra

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You could have earned 2500% return in a single day! Whatttt, Have i lost my mind. No what i am saying is completely true , If you have bought Bank nifty's pe at lowest point 62 and sold at the peak of 1600, You would have earned a staggering 2500% in a single day. To put that into perspective , if you have invested ₹1 lakh , it would have grown to ₹25 lakhs in a single day. But no one in this world could have captured the PE at the right time and sold at the right moment. also today india Vix shot up to 30% indicating outrageous volatility in the markets. Psus fell up to 17% , Bank nifty 7.94% , Nifty 5.92% sensex 5.74%. It was a historic day with a heavy tussle between NDA & INDIA BLOC. NDA has formed a simple majority and is all set to reign its 3rd consecutive term. I personally feel it's the best time to jump into stocks right now, They are all at heavy discounts as well as after political turmoil cools, There will be stability and after budget the stocks would slowly recover. Not to forget the expected upcoming rate cuts by FED in September could fuel the Bulls. I believe people should be cautious but not Fearful, Slowly start adding your positions in good stocks and watch your wealth grow at a faster rate. #stockmarkets #elections #elections2024 #zerodha #banknifty #investing #trading #profits #derivatives #finance #tradeandgrow #sharemarkets #sensex #nifty #stockmarketcrash

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Why Are Credit Cards Skyrocketing Despite Rising Defaults? In India, 106 million credit cards are now in circulation, and credit card spending just jumped 4.7% last month alone! But default rates are nearing 6%—a level not seen in years. This trend shows more people are taking on credit, but many are struggling to manage it. So, now banks are becoming more cautious and reducing their new issuances. Here’s what’s happening - Credit Surge by the Numbers- [-]New Credit Card Issuances: Down 64% YoY as banks grow cautious. [-] September Card Additions: Dropped from 920,000 in August to 620,000—a 33% decline. What’s Driving the Demand? [1] Festive Spending September saw a spending boost due to the festive season, with total credit card spends reaching ₹1.77 lakh crore, up from ₹1.69 lakh crore in August. [2] Middle-Class Crunch Many middle-income earners are turning to credit cards as everyday expenses rise, but they’re also the group seeing the highest defaults. As an individual owning credit cards, here is what you need to do- 💯 Prioritize Needs Over Wants: Especially during festive sales, focus on essentials to avoid overspending on discounts. 💯 Track All Card Usage: Multiple small balances add up; keep an eye on total exposure. For what purpose do you use credit cards? Let me know in the comment box and stay tuned with Nilesh Dasri for such more updates! #financiallearning #financialplanning #financialfreedom #financialtips

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Heartening to see Leading Lender having its Top Executives encourage taking a seat on boards of Industry parallel firms. This really helps develop an ecosystem where Country's finest executives's leverage helps in evolution and vice versa it just Strengthens one of the strongest financial services Firm. #startup #ecosystem #kotak #leadership

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I think V Vaidyanatham can bring a transformative change to the banking industry in India. The banking sector has been really hesitant with innovation and technology but he is surely changing it with IDFC First Bank! Do give this a read, guys -

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UPI transactions crossed the Rs.20 trillion mark in May What does this number hold for you as an investor Not only this, India’s fintech market is expected to cross $1.5 trillion by the next year. These numbers show why you should invest in India’s fintech growth 1. Exponential Growth: • Despite a funding slowdown in 2023, the first quarter of 2024 recorded a 59% surge in fintech sector funding. • This indicates a recovering investment climate and continued investor confidence. 2. Market Potential: • India's digital payments infrastructure is witnessing remarkable growth. • UPI transactions reached a staggering 14.03 billion in May 2024 alone, with daily transactions projected to touch 1 billion by 2025. 3. Government Support: • The recent announcement of 50-year interest-free loans for fintech firms demonstrates the government’s commitment to the sector's growth. • Also, the upcoming Union Budget (July 2024) is expected to address industry concerns around regulations and offer further incentives. 4. Focus on Inclusion: • India prioritises financial inclusion as a vast population lacking formal financial services. • Fintech solutions are bridging this gap by providing innovative and accessible financial products. • This focus on social impact adds another layer of attractiveness for investors seeking sustainable returns. For investors seeking a high-growth market with immense potential, this is a unique opportunity to capitalize on India's booming fintech industry. But remember, • Investing in India's fintech space requires careful research and due diligence. • Factors like regulatory clarity, business model viability, and the target customer segment should all be thoroughly evaluated. • Also, seeking advice from a professional is highly suggested. You can check out Eureka Advisory (https://lnkd.in/gPy8DtFC) With over 20 years of experience and our customer-centred approach, we offer ✅ Stock recommendations ✅ Research highlights ✅ Investment reports You can check our app too (https://lnkd.in/gAQ5yqWb) Follow Akhil Somani for more investment insights. #fintech #eurekasec #eurekaadvisory #fintechindustry

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ARWL announces Q1 FY2025 results , posting an increase in total revenue to Rs. 245.4 crores, a growth of 38% Y-o-Y. The organization has also seen an increase in PAT to Rs. 73.4 crores, a growth of 38% Y-o-Y. In addition, the AUM has grown to Rs. 69,018 crores, a growth of 59% Y-o-Y.

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Scam warning: The scammers are getting better. Just now got a call from ‘SBI customer care’ IVR from 98476 12447 asking me to press 9. The guy on the other line spoke almost on par with any other customer care executive of any other bank. On questioning the nature of call he hung up. Very good effort 😀 What is concerning me are: 1. Scamming business is now an industry. Not just Jamtara but in every tristate junction 2. The LEA (law enforcement agency) is on a catching up mode. 3. I am sure every citizen of India has been reached out by the scamming industry. I have personally received calls from ‘FedEx, Icici bank, Bharti Axa, customs department ‘ in the last 15 days! 4. No transparency on how much money is lost in scams. 5. Only bankers, regulators and judiciary know the difference between a fraud and a scam. For the common man, it is money lost or the fear of losing money - scam or fraud. Whatever digital literacy or digital payments transformation is being done in the country IS single handedly being undone by the scam industry. What does it take this Government to enact stricter laws against scammers (war against nation, economic offences, terrorism, organized crime) through the parliament? In the age of machine learning does not the telcos know the surge in outgoing call volumes from suspected geographies? Are they not accountable? Abetting financial crimes through inaction? Abhaya Hota Arif Khan Vipin Kashiram Surelia - happy to volunteer in eliminating the telco based financial scam industry.

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Do we, as Indians, lack civic sense? It's a common sight to see people using their phones on speakers in the metro and other public places to watch reels & YouTube. Some even talk to people on speaker without actually bothering to keep their conversation private. You can often see individuals spitting gutka and pan masala in public spaces, vandalizing historic monuments with names and drawings, and throwing garbage everywhere — on roads, in rivers, lakes, and ponds. In metro and tier-1 cities, where people are generally more educated and conscious about cleanliness and the environment, we see some improvement. However, this civic awareness needs to be extended to tier-2 and tier-3 cities and rural areas, where reforms are equally essential. #CivicSense #CleanIndia #RespectPublicSpaces #KeepIndiaClean #SwachhBharat #EnvironmentalAwareness #PublicAwareness #ResponsibleCitizens #IndiaForChange #BetterIndia #SustainableIndia #GreenIndia

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