8 Comments
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Rachit Jain's avatar

How does increasing the PBG help in more skin in the game?

There's no cash outflow in a PBG. its a commitment from the bank on your behalf

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Ram's avatar

The banks need something for PBG like FD or collateral so the commitment increases indirectly.

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Rachit Jain's avatar

From my experience the commission or FD amount is in single digits as a % of the PBG

As regards Collateral , one needs an external Valuers certificate for collateral. There’s too much inflation in collateral values in India. Another reason why NPAs happen

Trust me sir, there is no increase in skin in the game here

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Sourav Kataruka's avatar

EPC article was very generic. Need more research and in depth data like you always do.

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Zerodha's avatar

We deliberately wanted to do an intro to the space, Sourav. A lot of readers didn’t these basics aspects :) Looks like you might have tracked it longer than most people.

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Rachit Jain's avatar

While EPC is good process, the scope for corruption is just huge

From rigging technical qualification norms, to planned construction delays and inflating costs. Its a system that benefits both the contractor and the government

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sagar kandekar's avatar

"I kindly request you to dedicate a full episode to the insurance sector. This sector has delivered strong performance, and we would love to hear your comprehensive perspective on it."

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Zerodha's avatar

We’re working on this, Sagar :)

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