[Podcast] Why everyone wants to be everything in finance[Podcast] Why everyone wants to be everything in finance

Banks are the go-to hub for all things finance. But then they started offering everything under the sun, from loans to insurance to investments. Everyone's jumping on the bandwagon, from traditional titans like Kotak to nimble startups like Navi.

But why this sudden urge to be a master of everything?

What’s driving this frenzy to cater to every financial need?

It seems the focus is to generate fees and not necessarily serve the needs of the investors.

And amidst this chaos, where do fintech disruptors fit in?

These agile startups are shaking up the status quo, challenging traditional players and offering innovative solutions. But are they the key to unlocking a brighter financial future, or are there roadblocks along the way?

The idea that companies in finance want to do everything from payments to lending to broking to investments is strange - why not just be good at one thing? It’s a simple explanation, it turns out.

Find out more about the business of money in a language you can easily understand, through the words of Deepak Shenoy and Shray Chandra.

So, grab your headphones and listen in. Trust us, you won't want to miss this!

References:
00:00 Introduction
00:17 Why does every company do everything in financial services?
12:41 Why aren’t banks more aggressive in growing and pricing things lower?
26:40 Discussion on the success of Bajaj Finance and arbitrage between Banks and NBFCs
36:46 Why aren't banks aggressive on lending ? What's the issue with lending?
56:49 Deepak explains the Indian Bankruptcy code
01:07:13 What can we do to fix this?