In late September 2026 I posted a series of X notes covering gold‑loan dynamics, flex‑cap fund snapshots, momentum strategy updates, regulatory changes and UPI MDR projections.
Gold‑loan write‑offs will be negligible. The money is recovered through loan auctions, it's relatively safer to lend against gold. Hence a lot of banks are after the gold loan pie.
What's scary in many of the financier results seems to be the amount of write‑offs they have done - as much as 10% to 15% of previous years loan book.
In 2006, a ₹6,000 Cr Market Cap would've made you a Large Cap.
We analysed ₹0.12 Lakh Cr across Old Bridge, Abakkus, JioBlackRock, and Capitalmind Flexicap to see where strategies align and where they split.
Old Bridge and Abakkus maintain notable debt buffers (9.8% and 6.7% respectively) to navigate volatility and liquidity.
JioBlackRock & Capitalmind > 99 % equity deployment.
New insurance commission recos by IRDA make some interesting changes. They cap insurance commissions as a percentage, spread the payouts across the policy terms, and reduce larger distributor strangleholders.
SEBI has now allowed PMS to invest in foreign securities. We at Capitalmind PMS are looking to empanel brokers who can help our clients invest globally.
So @dilipasbe has clarified that even NBFCs collecting EMI can be given MCC 7322 which attracts flat Rs.5.
In general, the UPI MDR will reach about 3% of the transactions.