Sucheta ji, wonderfully explained. How painful! I went for a small loan of just 1 lac and bank wanted a serving govt. employee as guarantor. You see our of 15 thousand crores half of it must have gone into bribing Bank officials and political supportive leaders. That's why they are offering fifty percent settlement. Keep it up dear friend. Thumbs up.
Very true madam. Every body is talking of bankers money but no body is talking of the investors money that they have invested in sterling biotech. All the loans were taken in the name of sterling biotech and it is the listed company that is made to paid the debts whereas the assets have already been transfered to private firms. A whole lot of jugglery is going since long and it is high time someone should bring it out. You cannot have a second largest gelatin manufacturer borrowing money whose interest cost is more than its turnover. Authorities should look into it madam.
From past one month I am trying to get a loan, which i have full intention to repay, to purchase a plot and each time my application got reject for different reason. Only 75% of value banks are willing to give. And here crores of public money is given and now they bullying them that "40% lena ho to lo nahi to hum nhi de rahi". What kind of time we are in?
Does the settlement amount include the principal? I think you said it does. But still it is only 40% of the total money owed. Were these loans taken very long ago?
Is it possible for you to pinpoint the total NPAs created by small debtors? We know Farm loans are written off. Housing loan defaults may also be large in totality. Educational loan defaults, SME loan defaults may also be highlighted. This will also provide a larger context to the whole NPA crisis.
One expected better from a person of repute such as Sucheta Dalal before she called SWIFT a controversial money remittance service. That's an international inter bank remittance platform. All international inter-bank money movement takes place through SWIFT. And it was not SWIFT colluded with Choksi or Nirav Modi. Its like saying Government of India colluded with drug dealers when currency notes issued by GoI were recovered from drug dealers.
Madam please make a video on the success ratio of these premier investigative organisation like sfio , ED etc. I don't think they are very effective compared to regulators in USA . Should they not seek help from external consultant with specialisation instead of relaying on generalist
Sandesaras and their scam shows the willingness of promoters to repay through Nigeria. Govt must accept the money and try to recover whatever is coming to India. Double standards do not help us.
Sucheta ji, wonderfully explained. How painful! I went for a small loan of just 1 lac and bank wanted a serving govt. employee as guarantor. You see our of 15 thousand crores half of it must have gone into bribing Bank officials and political supportive leaders. That's why they are offering fifty percent settlement. Keep it up dear friend. Thumbs up.
great video, one kind suggestion: please use don't use the ambient microphone as voice echoes / loses strength
thank you. appreciate feedback. we will work on it
ALL PSU BANK OFFICIALS TO BE PUNISHED WHO ARE INVOLVED IN SUCH CASES
Very true madam. Every body is talking of bankers money but no body is talking of the investors money that they have invested in sterling biotech. All the loans were taken in the name of sterling biotech and it is the listed company that is made to paid the debts whereas the assets have already been transfered to private firms. A whole lot of jugglery is going since long and it is high time someone should bring it out. You cannot have a second largest gelatin manufacturer borrowing money whose interest cost is more than its turnover. Authorities should look into it madam.
Sucheta Mam - very good video covering their modus of operandi
From past one month I am trying to get a loan, which i have full intention to repay, to purchase a plot and each time my application got reject for different reason. Only 75% of value banks are willing to give. And here crores of public money is given and now they bullying them that "40% lena ho to lo nahi to hum nhi de rahi". What kind of time we are in?
Does the settlement amount include the principal? I think you said it does. But still it is only 40% of the total money owed. Were these loans taken very long ago?
Is it possible for you to pinpoint the total NPAs created by small debtors? We know Farm loans are written off. Housing loan defaults may also be large in totality. Educational loan defaults, SME loan defaults may also be highlighted. This will also provide a larger context to the whole NPA crisis.
Is CBI Director Asthana who conducted his daughter's at Sanders's place?
One expected better from a person of repute such as Sucheta Dalal before she called SWIFT a controversial money remittance service. That's an international inter bank remittance platform. All international inter-bank money movement takes place through SWIFT. And it was not SWIFT colluded with Choksi or Nirav Modi. Its like saying Government of India colluded with drug dealers when currency notes issued by GoI were recovered from drug dealers.
Madam please make a video on the success ratio of these premier investigative organisation like sfio , ED etc. I don't think they are very effective compared to regulators in USA . Should they not seek help from external consultant with specialisation instead of relaying on generalist
What action can a common man of India take to get Sandesara's and corrupt bankers to justice. Please tell.
Mam don't you think atleast one case study from scratch to till be prepared and some penal funds to be recorded from regulations of the government.
Appreciate if you could take up the case of CELESTIAL BIO a listed Hyderabad based company cheated thousands of investors but nothing happens
They are above law, they are gods, fearless enjoying partying after looting 15000cr indian money,
Why names of relatives of AHMED PATEL were not taken????
Because I dont know of any. If you do email me to verify and use
Sandesaras and their scam shows the willingness of promoters to repay through Nigeria. Govt must accept the money and try to recover whatever is coming to India. Double standards do not help us.