Anand's Blog

Is the Bullet Train Project in India Commercially Viable?

2017-09-16T10:53:00.000+08:00

The last couple of days have been quite busy for experts in the various sectors of the Indian Economy. Everyone has been buzzing about the Indian Union Budget that was tabled by our Fin Min on 1st Feb 2017. As expected opposition and their loyalists are claiming this budget has nothing fruitful and the ones in power and of course their loyalists claim this budget to be the

What Happens to NPAs in Banks?

2017-02-02T12:00:00.000+08:00

A few weeks ago, at the peak of the Demonetization drive, there was a new about a loan given to Kingfisher Airlines being written off and the social media was full of propaganda posts about how the government was trying to use Demonetization to Waive Off Bad loans. I had published an article then about how a Write Off is different from a Loan Waiver and also mentioned that Banks have certain

Is the Indian Banking Industry Heading toward a Crisis?

2017-01-30T12:00:00.000+08:00

In the last 2 articles, we understood about the volume of Bad Loans or NPAs that are currently outstanding in the books of our Banks as well as why or how Banksmanaged to delay this declaration so long. Now, that we know we have over 6 lakh crores in Bad Loans, the question that is probably on your mind is – Is our Indian Banking Industry heading toward a crisis? Hopefully, this article can

Why Did NPAs rise so sharply in 2016?

2017-01-27T18:17:00.000+08:00

In the previous article we saw that the year 2016 saw a tremendous rise in NPAs across Banks in India and also saw the outstanding NPA’s on a per bank basis. With those numbers in the background, it is obvious that the Banking Industry in India is on the verge of a major crisis. But, the more important question is, Why or How did this happen? How did this NPA Story Come About? In just

The NPA Problem in Indian Banks

2017-01-26T20:30:00.000+08:00

The Banking industry in India has always been one of the most favoured in our country thanks to solid and stellar numbers declared year after year. But, if you take the last year 2016 and dig a little deeper into the numbers, there is one glaring problem that has come out – Non Performing Assets or NPA’s. In layman terms an NPA refers to a Bad Loan that has defaulted. Would these NPA’s push the

What is the Government doing to boost Cashless Economy?

2017-01-08T01:36:00.003+08:00

In the last two articles we covered why India should move toward a cashless economy as well as whether the move is feasible. Toward the end of the article on whether we move toward cashless system, I had mentioned that the Government of India has offered a lot of Incentives to the Citizens of India to promote this move toward a Digital and Cashless Economy. You will learn about them in this

Can India really Become Cashless and Digital?

2017-01-08T01:29:00.000+08:00

In the lastarticle, we saw why moving toward a digital and cashless economy is beneficial for our country. To give you a quick summary, moving toward a digital economy helps bring in more transactions under the official list and contribute toward GDP as well as governments tax revenue. Also, the cost of printing and maintaining the cash infrastructure comes down. That all seems like a good

Should India go Cashless?

2017-01-08T01:26:00.003+08:00

Ever since the honourable prime minister of India announced the demonetisation of old 500 and 1000 rupee notes in November last year, social media and news channels have been abuzz about the subject. With the Governments renewed push towards a more digital and cashless economy there is a plenty of noise on the subject. Unfortunately most of the information in circulation in social media is

What is a Loan Write Off?

2016-11-17T14:41:00.002+08:00

Even before the dust has settled from the Demonetisation of the 500 and 1000 rupee notes bombshell dropped by the Indian government last week, yet another topic has become the most widespread shared & criticised subject. What is it? “Loan Write off by Banks” is that hot topic and everyone is talking about this subject but based on what is being spoken, it looks like; the ones doing the

Detailed Impact analysis of Demonetization – Long term Benefits Outweigh Short Term Pain

2016-11-15T09:51:00.000+08:00

In the previous article, we saw a quick overview of the Demonetization scheme and its immediate impact on the citizens of the country. Over the past few days social media has been buzzing with posts and memes both pro and against the move. Before you decide whether you are For or Against this move by the Indian Government, I would recommend you read this article first. The purpose of

500 and 1000 Rupees are No Longer Legal Tender – A Brilliant Move by the Indian Government to Curb Black Money

2016-11-09T20:07:00.003+08:00

Last night, the Prime Minister of India came out with a blockbuster announcement that has probably resulted in millions of people losing their sleep. The 500 and 1000 rupee notes that are in circulation right now have been declared as worthless starting 12 AM of 9th November 2016. No, I am not joking. Yes, the Honourable PM of India has indeed declared that from 9th November onwards, 500

Is Paying for Financial Planning or Investment Advice Worth it?

2016-10-23T19:49:00.000+08:00

As the second most populous nation in the world, India is arguably one of the fastest growing markets when it comes to the financial services industry. Almost every bank offers financial planning and investment advice these days. You get random calls from agents selling the best investment product ever almost on a daily or weekly basis. And, we also have friends or neighbours or relatives who

MetLife Mera Term Plan – Product Information and a Review

2016-09-14T19:15:00.000+08:00

If you have been a follower of my blog or read any of my articles about Life Insurance, then you would already know that I am a strong believer in Term Life Insurance Products. Even in my book, I have spent an entire section highlighting why Term Plans are a MUST for every individual who has a family and/or dependents. In this article we are going to review one of the recently launched Term

Summary of the Brexit Impact on UK Economy

2016-07-29T20:07:00.002+08:00

Experts have been arguing on their blogs, on live talk shows on TV etc that leaving the European Union would cause significant damage the UK Economy. As you might have seen in the various articles in this Brexit Series, am a little skeptical of these Extreme claims. Yes, it is nearly impossible for the UK to come out unscathed post Brexit because it has been a pivotal member of the EU and