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DaybreakBusiness news is complex and overwhelming. Author: The Ken
Business news is complex and overwhelming. It doesnt have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story thats significant, simple and powerful. Hosted from The Kens newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of Indias most experienced and talented business journalists. Language: en Genres: Business, Business News, News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Your missed SIP could be making banks tens of crores every month
Episode 731
Sunday, 19 April, 2026
When your SIP bounces, your bank charges you Rs 500. The mutual fund that missed the investment? Charges you nothing. That gap is not an accident.In this piece, The Ken's Mutasim Khan traces how India's banks have quietly turned missed SIP debits into a revenue line — one that costs them roughly Rs 25 to process, and nets them hundreds of crores a month. The people paying most are first-time investors in smaller cities, often unaware the charge even happened.This is a read aloud of Mutasim's original story, by Snigdha Sharma, on Daybreak.📖 Read the full story on The Ken: Your missed SIP could be making banks tens of crores every month
