The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Bagri: Roughly 40% of all personal loans in India fund travel
“So the number of personal loans which are taken for travel is almost 40% if I'm not wrong.”
Bagri: Bank distribution margins on insurance reached up to 80% historically
“So insurance distributor margins are anywhere, 30, 40%. And earlier, Days when ULIP used to be there, it used to be like 80% margins and all banks run on ROI.”
Bagri: Indian students studying abroad doubled to 1.1 million in five years
“The Indian students going abroad to study was used to be half a million. Five years ago is 1.1000000 now.”
Bagri: Only five European countries offer direct flight connections to India
“If in Europe also, if I'm not wrong maybe UK, France Germany, and Holland, only five countries have direct flights to India. There's no direct flight from Spain. There's no direct flight from Switzerland, no direct flight to Italy.”
Bagri: Indian retail depositors have never lost money in banking crises
“Indian consumer has never lost a single rupee touch wood in, in any of the banking crisis.”
Bagri: The last scheduled bank licenses issued in India were IDFC and Bandhan
“Scheduled banks to hardly anything. The last licenses were IDFC and I think Bandhan Bank.”
Bagri: Indian banks heavily recruited FMCG talent around 2001 for distribution
“Banking was like a sunrise sector at that point in time, because earlier banking was very limited to people walking into the branch, but this whole concept of bank walking up to you was very new in back in 2001, 2002. And they needed people who understood dist…”