RBI has framed guidelines with a view to achieving greater financial inclusion, to make available a basic banking “no frills” account either with nil or very minimum balances as well as charges that would make such accounts accessible to vast sections of the population.
In the end, track records built up over time can help you sort out luck from skill. Time frames help here too. Beware the ‘I told you so’ forecaster. Put a prediction out there without any expiry date and many years down the track when the event actually happens then ‘I told you so’.