Figuring Out · FO272

In today’s episode of Figuring Out, we have Y.S. Prabhu Kumar in conversation with Raj Shamani. He is the Founder and CEO of Wegofin. He shared his in-depth insights into the banking reality of India and everything around it.

1. 0:00Introduction
2. 02:53Differences between modern and traditional banks
3. 04:06What are new-age banks?
4. 06:53Challenges with cooperative banks
5. 10:45Understanding modern banks
6. 12:00Why do different banks offer different credit limits?
7. 18:58How credit cards can be problematic
8. 23:30Banks' pressure can result in extreme consequences
9. 24:19Is credit beneficial for economic growth?
10. 25:16Ideal checklist for banks when giving loans
11. 27:43Issues with unsecured lending
12. 29:20The cost of capital for businesses
13. 34:46Why people are investing in India
14. 35:24Common mistakes businesses make with capital
15. 43:45Why the loan system isn’t customer-centric
16. 45:40Who should consider using Wegofin?
17. 48:13The origin story of Wegofin
18. 49:20Challenges of partnering with banks
19. 51:50Potential risks and issues
20. 55:24Why customers frequently change bank accounts
21. 57:25Why most investors fail in the stock market
22. 1:05:05End of the Podcast