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Really an unbiased and pragmatic discussion. Yes, we need to understand the cost of acquisition and retention of the client and continuously guide him by controlling his greed and fear which needs to be accounted for when we are talking about the cost. Too much and fast implementation of the compliance is becoming a challenge to attract and retain the talents; both on manufacturing and intermediation side . I wish all the stakeholders are aware of it!!
thank you very much Mam, for sharing your point of view on the subject and concluding that there a big silver lining in the dark cloud. i agree with your outlook for incentivizing the distributor for better client acquisition and management. you raised many of our sore points about running an entrepreneurship with very little support from the regulator or the industry. totally agree with you that there has to be measurable yard stick to scale the performance and suitability of all financial products for investor. thank you again for raising all these points. regards.
Sir please speak hindi.