Shenoy: Reliance Jio Was the Primary Catalyst for India's Digital Trading Boom
Deepak Shenoy · Watch This BEFORE Renting Out Your Property In India! | SEBI Manager Deepak Shenoy on The Neon Show · Sep 22, 2023 · at 11:32
Deepak Shenoy, founder of Capitalmind, argues against the claim that UPI was the main driver of Indian retail brokerage growth.
0:00 / 0:17exact quote · 17.8s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“The real thing that changed for India and not just trading pretty much everything was one company. And while I own it, it's Reliance Jio. They brought cheap and very, very quick, big bandwidth to India at a relatively easy availability and easy low price.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Deepak Shenoy
Shenoy: Strict Fintech KYC Standards Would Shut Down Public Sector Banks
“In many public sector banks, the KYC situation is so bad. That if they went down the same route, they would have to shut down the public sector bank tomorrow.”
Shenoy: Tata Group Operates Mostly Like a PSU Culturally
“See Tata is a PSU. By, for the most part.”
Shenoy: Indian MNC FMCG Stocks Should Fall 30% to 50%
“So you should actually be falling 30, 40, 50% just to come to an equalization in terms of your normalized long-term growth plus your high ROC.”
Shenoy: Large-Cap Stocks Are Not Less Risky Than Small Caps
“Large caps are not less risky than small caps.”