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
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.
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
"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."
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
The banks need something for PBG like FD or collateral so the commitment increases indirectly.
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
EPC article was very generic. Need more research and in depth data like you always do.
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.
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
"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."
We’re working on this, Sagar :)