Microfinance which is very interesting because some banks were giving below 1 lakh without any collateral but the people in rural they are not repaying even 15 k. one of my friend in psb bank manager,He used to say they are living in the house like upper middle class even they are not ready to do settlement with minimum amount for this 15 k,But in microfinance people are repaying weekly without any delay interest rate which is more than 25%.people feel very happy if they got loan in Kulu I.e microfinance.First preference from their weekly wages to repay kulu I.e Microfinance,Kothanar,auto driver,textile worker & many daily wages worker preferring this microfinance they are comparing this with kanthu vatti and felt happy.
But the video says the interest rate is higher compared to the banks. Banks rate is 8% if the microfinance rate is higher than this, it's equal to kanthuvadi right? How they can be taking happily?
But people are getting into the trap of buying loans even when they don’t required all the time. Self help groups forced to buy the ladies who really don’t need money and how to manage it wisely. Unnecessary expenditures done by innocent women’s hudbands and sons. They used to snatch money from these ladies and drinking in tasmac… poor ladies had to repay the amount so they forced to go to menial jobs. Once upon a time we had see 1 in 100 families might have sunk in loans, but these days 90/100 families drowning.
Also one more headwind is the huge attrition of loan managers in some states. Management claims they resigned due to work pressure. I will take this with a pinch of salt.
My 2 cents : Dont get me wrong as much i feel that people who cant afford basic finance to be given with loans but with an investors mindset I dont see how its possible to run a profitable business with this idea of providing micro finance , cause one who cant afford are the ones who will for sure get these loans and charging them with higher rates of interest will for sure result up in NPAs so businesses with smaller operating cycle and the ones who borrow at end of the month are a very niche group of customers who might benefit from the companies ideologies ,in my limited knowledge i feel like this idea of micro cap is just a choice thats unnecessary for a investor cause the underlying asset in this company is clearly people here and the stocks will for sure take a hit even worst may collapse during worst economic conditions like sashwath mentions , imo I feel like banks that cater only retail loans wouldnt survive So I personally would say its better to stick to bank bees instead of adding unneccessary risk exposure with this particular sector : micro finance
as vinod sir had mentioned in his previous vids I think Too much of cooks would spoil a broth so This would be a case of a choice which even a diversified wouldnt benefit with in long term , but all my views aside I havent done my due deligence in terms of reading the financials yet but just the underlying business looks weak acc to me
I think you both have not mentioned about joint liability in micro finance loan, which is one of the postive in micro finance loan. I expected better from this channel.
Sir, I bought 3500 shares of Suzlon Energy on my own in March and I am still holding them. Could you please tell me if I should keep them for a long time or if I should sell them now? Right now, this fund is not necessary for me. If I keep these shares, how long do I have to hold them for a good return?
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
10:37 Content starts
Do you think that all people know about microfinance... Just listen or skip... If you know already means just be quiet😊
Thank you bro
Thx
Thanks bro
@Sashwath - Thalaiva, Nice explanation
Great discussion. But, voice from Vinod sir must have be clear.
20 minutes of quality discussion with unquality audio.
Pls discuss about the fundamental of Spanda, financial statement, p/e, book value in detail.
Thank you for giving detailed explanation and insights
Microfinance which is very interesting because some banks were giving below 1 lakh without any collateral but the people in rural they are not repaying even 15 k. one of my friend in psb bank manager,He used to say they are living in the house like upper middle class even they are not ready to do settlement with minimum amount for this 15 k,But in microfinance people are repaying weekly without any delay interest rate which is more than 25%.people feel very happy if they got loan in Kulu I.e microfinance.First preference from their weekly wages to repay kulu I.e Microfinance,Kothanar,auto driver,textile worker & many daily wages worker preferring this microfinance they are comparing this with kanthu vatti and felt happy.
Thanks for sharing the mindset of people across. I feel it's important to know these kind of information but I feel it's rarely being considered 👍
But the video says the interest rate is higher compared to the banks. Banks rate is 8% if the microfinance rate is higher than this, it's equal to kanthuvadi right? How they can be taking happily?
But people are getting into the trap of buying loans even when they don’t required all the time. Self help groups forced to buy the ladies who really don’t need money and how to manage it wisely. Unnecessary expenditures done by innocent women’s hudbands and sons. They used to snatch money from these ladies and drinking in tasmac… poor ladies had to repay the amount so they forced to go to menial jobs. Once upon a time we had see 1 in 100 families might have sunk in loans, but these days 90/100 families drowning.
@@Velmurugan-us3mj oh.. I see.. so tricking people to get loans is happening in all the levels. I got it. Thanks.
PSB won't give 15K loans, Universally.
Thanks for your time 😊
Thanks Vinod for putting out the video even when you are under the weather. Appreciate your dedication
ALWAYS HAPPY TO LISTEN YOU SIR 🙂THANK YOU
Thank you 😊
Nice presentation Shri Sashwath...
Pls discuss with fusion finance..it was trading under book value.
Arman financial services too
Also one more headwind is the huge attrition of loan managers in some states. Management claims they resigned due to work pressure. I will take this with a pinch of salt.
10:37 he read from recent article quoting heatwave and election .... ground reality as anand sir says poor is unable to pay
Consider pannalama venama
Good evening vinod sir and sashwath ❤,,,,, zoom and watch,,,,,
Very nice thank you
I expected you two to also discuss about relation of rate cuts and MFI
Nice presentation
Nicely explained Sash 👌❤️
Thank you vinod bro to bringing this 👍🏻👍🏻😊😊
Vinod sir, please also talk about Small finance banks business life equitaas,ujjivan etc.
Hi vinoth & shashwath 🎉
Sashwath gd mn. Spandana spoorty long termbuta sir. Down agudu . Down from 1200. Now 500 level.
Discuss on Fusion finance
Can we buy thier bonds?
Good one.. Can you explain in the same way about rajesh exports..gokaldas exports
Don even think about rajesh exports because it's a fraudulunt company under sebi surveillance
I already trapped in tis company
Superb 🤩🤩🤩...
I've 50 units avg price of 590...i didn't sell.. ever...
Now 500 it might touch 900 in 6 month
went today upto 375
i bought 650 onwards now average price 550
@@karthiknetworking2415 In that hope only im also holding🤒🤒
When guys?? i hold at rs.614 but if next quarter also they show loss what would happen??😶🌫️ Money is stuck there...no dividend also
Hi Sir, I have SRF Ltd shares, recently SRF shares price is falling down, why this is happening?
Presenters kindly check your video and audio quality before Posting the videos 😊
Make this video tamil sir, or tamil subtitles
My 2 cents :
Dont get me wrong as much i feel that people who cant afford basic finance to be given with loans but with an investors mindset I dont see how its possible to run a profitable business with this idea of providing micro finance , cause one who cant afford are the ones who will for sure get these loans and charging them with higher rates of interest will for sure result up in NPAs so businesses with smaller operating cycle and the ones who borrow at end of the month are a very niche group of customers who might benefit from the companies ideologies ,in my limited knowledge i feel like this idea of micro cap is just a choice thats unnecessary for a investor cause the underlying asset in this company is clearly people here and the stocks will for sure take a hit even worst may collapse during worst economic conditions like sashwath mentions , imo I feel like banks that cater only retail loans wouldnt survive So I personally would say its better to stick to bank bees instead of adding unneccessary risk exposure with this particular sector : micro finance
as vinod sir had mentioned in his previous vids I think Too much of cooks would spoil a broth so This would be a case of a choice which even a diversified wouldnt benefit with in long term , but all my views aside I havent done my due deligence in terms of reading the financials yet but just the underlying business looks weak acc to me
I think you both have not mentioned about joint liability in micro finance loan, which is one of the postive in micro finance loan. I expected better from this channel.
Audio didn't clear brother
Plzz talk about fedfina
The idea of Grameen Bank helps to form Self Help Groups in India ( SHGs) , Yes he got Nobel prize for this 🎉
வாங்க வா இல்ல வேண்டாம்ம
Microfinance company do not consider, high risky
Professional kandhu vatti... Micro finance😀
Pls tell me can I do sip in tata capital index MF
Is this a question 😢😢😢
Guys whether we can consider this stock now or not?
Tamil language video
consider or not ?
voice not clear
Not
@@HariPrasath-ch5rd Tq - i bought 650 onwards now average price 550
@@indiahydraulicswhat u gonna dow now?
Sir ipa intha share vangalama, venama
accumulate in small quantity
Vera level thala😂😂😂
Sir, I bought 3500 shares of Suzlon Energy on my own in March and I am still holding them. Could you please tell me if I should keep them for a long time or if I should sell them now? Right now, this fund is not necessary for me. If I keep these shares, how long do I have to hold them for a good return?
Sell