Govt may take more steps to deal with financial sector problem: Rajiv Kumar

16 Jan 2020 Evaluate

In order to deal with the problem of financial sector, NITI Aayog vice chairman Rajiv Kumar has said the government may take more measures. Kumar said this is a very different type of situation that the country facing. He mentioned ‘Credit markets are jammed. It continues despite government's best efforts in the sense of assuring people. I believe some other steps are now in pipeline for further such adverse impact not to take place. This is something that all of us in the government and outside who are interested in India's economic development need to go very deep into it. I don't think there are no easy answers here. I do not think there are short-cut solutions here because what's happening to credit growth, what's happening to bond markets, what's happening to NBFCs.’

Since August several steps have been taken by the government, including liquidity support to housing finance companies, one-time partial credit guarantee to public sector banks for purchase of high-rated pooled assets of non-banking finance companies (NBFCs) and mega merger of public sector banks. Pointing out that there are 92,000 urban and rural credit cooperative in the country, he said it is fragmented and only top 500 are functional. He said ‘I think this requires very deep study. I suppose the research department of (the) RBI would be very well placed to do so. This is time to study this issue much more carefully than what we have done in the past.’

Besides, talking about the changes made in the Finance Act, he said, ‘I am amazed to find SEBI's financial autonomy is now being challenged and threatened...all the funds and fee it collects has to be put to Consolidated Fund of India. Imagine what it will do the SEBI's autonomy when it will have to ask for the fund from the government.’ As per the Finance Act 2019, SEBI will have to transfer 75 per cent of its surplus from the general fund every year to the Consolidated Fund of India. He pitched for convergence of regulators in the financial sector for effective and efficient regulation. He added there are 20 regulators are in financial sector space alone.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.