Recession Hit India in 2023? Hard Truth About Investing, Money and Indian Economy | FO 59
In this latest episode of Figuring Out Podcast we are in conversation with Srikanth Subramanian, CEO of Kotak Cherry and we have discussed:
-How investors can make a lot of money?
-What are the things we need to learn and understand to create wealth?
-Why is there income disparity in our country and how can we bridge this gap?
-Is Recession Coming to India?
-Top 3 skills everyone should learn
Kotak Mahindra Bank is one of the leading banks and financial services groups. Kotak Bank offers a wide range of banking and financial services such as investment banking, personal banking, general insurance, life insurance, and wealth management. To enhance its banking and services and make users more independent and knowledgeable, Kotak has introduced a new financial product and platform called Cherry by Kotak.
Kotak Cherry is a one stop solution for all investments — mutual funds, gold, ETFs, NPS, bonds, stocks and much more. This platform helps people invest like experts as it has lots of rich content, easy calculators, and financial/investment tools to assist in getting the ideas and knowledge of investing. On Cherry you can invest using your Savings Account of any other Bank! Simple journeys, easy navigation, news and insights, all this is jargon-free — It's a complete Do-It-Yourself platform where you are the master!
Check out the platform here: https://www.kotakcherry.com/
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00:00 - Introduction
02:26 - Investing is not art
07:18 - How to get rich quick?
09:46 - Spending Vs Investing
14:43 - Top 3 skills you need to learn
18:50 - Kotak journey
19:38 - How to upgrade business acumen?
23:31 - What is capitalism?
26:59 - Capitalism Vs Socialism
30:03 - Why can't Indians create wealth?
33:46 - Top 5 opportunities in India
37:19 - Story behind name Kotak Cherry
39:40 - What can Cherry do for us?
46:06 - What’s wrong with investment platforms?
49:30 - How other parts of the world affect India’s economy?
54:46 - Recession in India?
57:40 - One advice for investors
59:45 - Conclusion
About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.
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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.Become an exceptional speaker and own any room you enter with your confidence: https://m.rajshamani.com/4UtT