Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 17 terms
The Reserve Bank of India — the central bank, which sets the policy rate through its Monetary Policy Committee and manages the currency.
Its rate decisions reach every share price through the discount rate. That is how a quality growth stock falls 30% in a hiking cycle with nothing at all wrong at the company.
An RBI facility through which an individual can buy government securities directly, without an intermediary.
A genuine change: G-Secs used to be effectively institutional. For anyone wanting a risk-free rupee return over a defined period it is free and open, and most people still do not know it exists.
A free complaint forum for deficiency in service by banks, non-banking financial companies and other entities the Reserve Bank regulates, available once the lender has rejected a complaint or left it unresolved for a defined period.
It addresses conduct, charges and wrong reporting. It does not waive a debt, rewrite a loan or halt lawful recovery, and filing there hoping it will is a wasted month.
A binding dispute-resolution stage reached through the online dispute resolution mechanism once conciliation has failed.
Binding, far cheaper than court, and measured in months where a civil suit is measured in years. What it runs on is the paper trail you kept.
Structuring a product so it falls outside the rules that would apply to its regulated equivalent.
Not always sinister and always worth noticing. The question is which protections you gave up in exchange for the convenience.
A perpetual, loss-absorbing bond issued by a bank as part of its regulatory capital, ranking just above equity.
Sold on the yield and owned for the yield; designed to be written down in a crisis so that depositors are not. If it pays materially more than a bank deposit, that gap is precisely what it is paying for.
Consumer price inflation, published monthly; the RBI targets 4% with a 2–6% band.
Above the band the RBI raises rates, and that is the channel that reaches your portfolio. Consumer companies take a second hit through input costs they cannot always pass on.
Liberalised Remittance Scheme — the RBI facility under which a resident individual may remit up to an annual limit abroad, including to buy foreign shares.
The direct route out of India. It brings tax collected at source on the remittance and a separate foreign-asset schedule in your return, with meaningful penalties for leaving that blank.
Online Dispute Resolution — the online route for conciliation and then arbitration of an investor's dispute with a market intermediary.
The stage after SCORES and before the courts. Binding, far cheaper than litigation, and it exists precisely because a civil suit is not a realistic remedy for a ₹40,000 dispute.
The rate at which the RBI lends to commercial banks, set by the Monetary Policy Committee roughly every two months.
The macro number that matters most, because it propagates into almost every other price of money. It hits high-multiple growth names hardest through the discount rate.
Fractional gold bought through an app, held by a private provider under a contractual arrangement.
Not regulated by SEBI, the RBI or IRDAI. The gold price is the same as an ETF's; the question is who holds it and what happens if they fail.
Spending you could stop without disrupting the household.
The bucket that should absorb variation. If the SIP is absorbing it instead, the structure is the wrong way round.
The claim that prices already reflect available information, so no repeatable pattern in past prices can be exploited.
The strongest objection to technical analysis, and it holds in part: simple published systems do decay once everyone can see them. What does not get arbitraged away is the discipline to follow a rule consistently.
A chart type that plots columns of rising and falling boxes, ignoring time entirely and recording only price moves larger than a chosen box size.
Clean very-long-term structure and unambiguous breakouts, at the cost of the same box-size arbitrariness as Renko. Little used now.
A plot of a stock's price divided by an index's price, rebased to 100 at the start of the measurement period.
The direction is the entire signal; the level is arbitrary because it depends on when you started.
The share of a portfolio's total open risk concentrated in a single sector.
Four banks and two NBFCs are not six positions. They are one bet on Indian credit conditions, and a single RBI decision stops all of them out in the same session.
A broken business bought on the expectation that it will be repaired.
A success might triple; a failure approaches zero slowly while absorbing more capital each time you average down. Credible ones show operating cash flow improving before profit does.