Friday, June 2, 2006

Call off the wild

What else is the financial services industry if not wild? It’s growing at a wild pace. Its first family of product manufacturers and top distributors have been given wild returns through eight-digit salaries and sinful commissions — and nobody’s grudging them that. The returns on equity over the past three years have been wild and insurance companies and mutual funds have benefited immensely as have intermediaries selling their products.

Opinion in The Indian Express, June 02, 2006

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