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Gen z doesn't look at the interest rates they only look at how many EMI they need to pay and that's it. If they miss, they suffers I even doubt majority of gen z knows what interest rates actually is mathematically.
GPAY Pay se pay krte hai genz credit card businessman ke liye fayda hota hai easy payment hoti hsi pr 30% is more then enough gst include toh nhi hai kya?
Bank usually charge these amount even your so called foreign banks issuing credit cards charge more than this. Hope you have never used a credit card in your life
Woh log immune hote h India me ..koi prosecution, investigation nahi hoti hai unpar...apne benefits se woh log laws banaloye hai .India ke sabhi department me aisi h apne benefits ke hisaab se rules banaliye hai
@@Ayush-hq8ieusi ko hi loan maafi kahete hain... Jab companies ko maaf karte hain to waived off kehte hain.. Personal maaf ko maaf kehte hain.. Dono ek hi hai
@krishna.yaadav credit cards and personal loans are two different products.. Personal loan doesn't have the 45 day interest free period,convenience factor, rewards points, lounge access, air miles and other offers. In short,personal loans are not a lifestyle product.
I agree! atleast this should make more percentage of the population aware and make them use such things responsibly. My friend works in a bank and he told me that the number of people who default in payments is increasing day by day due to ease of credit-card and loan facility
Stop using credit cards or keep only 1 credit card. RBI should instruct banks to display interest rates while selecting option partially pay bills like compulsion of cancer notice on Cigarette packets. People should be aware about this much interest rates
Hnn to credit card mat lo jab income itni hai nai to credit card p iPhone kynn lena hai ki?? Ye sahi hai aiyashi karo aur paise bhi na do . Aur kuch bole to bol do hum to slaves hai slaves credit card use nai karte isly tum bhi nai karte hoge
Credit card issuing banks make part of their revenue by taking a swipe/transaction fee from the merchant.... sometimes the Merchant passes this on to the end consumer as well.... This is the reason why they offer you points & other privileges to use the card more often...so that they get a constant revenue as percentage of the transaction. The other revenue stream is the money from the interest payments from defaulters and delayed/ missed payments.
Demand the interest on saving account , FD , RD are also limitless. Customers has right to decide what amount of interest he is given his earned money to the banks
*As a credit card user* : this is bad news for us, we are not sure how much interest have to pay *But as a bank investor* i am hoping to see the banking share rise on next day
Intrest rates need to be high,the people using credit cards have an intrest free period, and failure to utilize the intrest free period to pay your credit card dues incurred a penalty interest rate
That will adversely affect on Indian banking system ....I personally think ...we should stop using credit card and minimum deposit in bank ...more investment to gold etc
Its good for economy people are taking credit cards from multiple banks and revolving cash It should be there so that defaulters type of people should not opt for this
Who says 30% banks charge more than 60% annually , 5% charge krti h LATE payment ki wajah se + late fee more than 1500 + GST, That is why log ab default kr re CC payments , just wait jaldi hi pura INDIA debt trap me fasne wala h or banks diwaliya ghosit hone lgega
Beta to jaj hote hain na aur jo minister hote hain vah tumse jyada padhe likhe hote hain bhai unhen tumse jyada har chij ki knowledge hoti hai ki kab Bank debit mein jaega kab nahin jaega to tu apna Gyan mat pel yahan per bhai😂🤡🤡🤡🤡🤡🤡🤡🤡🤡
diwaliya nahi honge... rbi ne pehle hi restriction laga di hai... aur payment time pe karoge toh yeh sab charges nahi dene padenge... kamaoge 1 lakh udaoge 2 lakh kabhi na kabhi bacha hua 1 lakh dena hi padega na...
The history of interest rates and lending practices is complex and influenced by various cultural, economic, and political factors. I'll provide a brief overview of the historical context and the evolution of interest rates. Ancient Rome and Early Lending Practices 1. *Early Roman Law*: The Roman Law, specifically the "Twelve Tables" (circa 450 BCE), prohibited usury, or lending at excessive interest rates. 2. *Greek Influence*: As the Roman Empire expanded, Greek financial practices, including lending at interest, were adopted. 3. *Roman Banking*: Roman banks, known as "argentarii," emerged, offering loans to merchants, traders, and the government. Jewish Involvement in Lending 1. *Jewish Merchants and Traders*: Jewish merchants and traders played a significant role in the Roman Empire's economy, particularly in the Mediterranean region. 2. *Moneylending*: Jewish moneylenders, often operating within their own communities, provided loans to individuals and businesses. 3. *Interest Rates*: Jewish lenders charged interest rates, which were not always excessive, but varied depending on the loan terms and risk. The Rise of Interest Rates 1. *Medieval Period*: During the Middle Ages, the Catholic Church prohibited usury, leading to a rise in Jewish lending practices. 2. *Guilds and Merchant Associations*: Merchant guilds and associations, including Jewish ones, established standardized interest rates, which increased over time. 3. *Government Debt*: Governments, including the Roman Empire, began borrowing money from lenders, including Jewish ones, at increasingly higher interest rates. Dramatic Increases in Interest Rates 1. *Inflation and Economic Growth*: As trade and commerce expanded, inflation rose, and interest rates increased to keep pace. 2. *Risk and Uncertainty*: Lenders charged higher interest rates to compensate for the risks associated with lending, particularly to governments and merchants. 3. *Regulatory Environment*: Changes in laws and regulations, such as the repeal of usury laws, allowed lenders to charge higher interest rates. The evolution of interest rates and lending practices was shaped by a complex interplay of economic, cultural, and political factors. While Jewish lenders played a significant role in the Roman Empire's economy, it's essential to avoid oversimplifying or misrepresenting their involvement in shaping interest rates. Would you like me to elaborate on any specific aspect of this historical context?
45 Days ka time tavi milta hai jab aapki purchasing date 1 tarik ko hoti hai. Maan lijiye agar aapki purchasing date 20 tarik ko hai to aapko 25 din ka time milega..
Ye to jaruri h 12 lakh crore NPA kiya h kahi na kahi se wasulna h na 😊 India is becoming a plutocracy 😢😢 jha kuch log apne intrest ko pura krne k liye pure desh ki bali dene me piche nhi hat rhe 😢
Hackers are hacking without bank otp on credit card and no help or relief from bank ombudsman or RBI or even cyber crime cell after complain. And nowi have to pay 30%on the amount duped . Better not to take a credit card .
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Debt free life is a blessing
🎉🎉
U can take small debts… I usually use credit cards for purchases worth 5k or 6k
Have been trying to get my family members to also clear off their debts
But for some reason they can't fathom not spending money
I have a KCC 😂
It's even a blessing if you already have money but till take debt and invest that money in high risk assets
Yes, charge 90% interest so that banks can recover their losses due to the bad loans that they sanctioned to the rich are now incurring loses.
mostly rich people use credit cards
You think poor people use credit cards??😂
Noobs didn't understand your comment😂
bina rich ppl k America kuch nahi , agar rich ppl risk nahi lenge to kaise age badega desh
Yes They Will Charge as much interest they can and also take Tax over interest.
1:40 Chaliye Shuruwat Karte hai !
Thank you bro ❤
😅😅😊😊😊😊😊😊😊😊
Thank you
Thanks!!
Sahi pakde 😂
Isme se Judges ka comission kitna h 😂
4% per annum 😂
Wahi soch raha tha
10% per month
Half half hoga
Swal to mast hai
Right decision ✅.
Now atleast GenZ spends less on show-off items on credit card & EMI
Gen z doesn't look at the interest rates they only look at how many EMI they need to pay and that's it.
If they miss, they suffers
I even doubt majority of gen z knows what interest rates actually is mathematically.
@itachi6523 I agree with u & due to this I feel some scary vibe gonna create about missing payment dues on time that will impact them on next purchase
GPAY Pay se pay krte hai genz credit card businessman ke liye fayda hota hai easy payment hoti hsi pr 30% is more then enough gst include toh nhi hai kya?
Economics of Indian people is so bad they would believe whatever they watch on social media without a second thought.
East Indian company ❌
Indian banks ✅
If you pay on time, you pay no interest. I think you forgot that.
@@GajananEkadant naah bro they want everything free
Bank usually charge these amount even your so called foreign banks issuing credit cards charge more than this. Hope you have never used a credit card in your life
@@kazuma2060 he's a kid bro 😅
East India Company created RBI... In 1924
भारत में पुरुष होना दुख की बात है अब भारत में गरीब पुरुष होना महा दुख की बात है। 😂
Kitne garibon ko credit card use krte dekha hai ?
Sirf 30% atleast 90% to hone he chiye tha na?
Ha ekdam sahi bat bola hai atleast 90% too hona e chiyaha
Mujhe toh lagta he banks ko minimum 1000% toh lagana Banta he Taki SC ka cut De ke bhi uske pass 4 burj khalifa khade karne ke liye paisa Bach jaye
@@akshaygarad2080 🤣🤣
time pr bill pay krdo koi charge ni pdega
credit card use kro paise bhi na do to pdegi plenty
😅
Judges ka Net worth kyu publicly disclosure nahi karte ?
Are ye to dhoti khol raha hai😅
Woh log immune hote h India me ..koi prosecution, investigation nahi hoti hai unpar...apne benefits se woh log laws banaloye hai .India ke sabhi department me aisi h apne benefits ke hisaab se rules banaliye hai
tujhe kya karna h
Tabhi to unhe kothe naamse sammanit kiya jata hi janta dwara@@SuperGRaju
@@kishanrajpurohit2097ek bar kisi court me ye shabd bol k aa jao bhai🤣
Good decision by SC, बैंक्स पर बहुत load चल रहा है, लाखों करोड़ के कर्ज़ माफ़ किए हैं 😅😅
Satya Vachan
Bhai mujhe lagta hai tumhen wavied off nhi pta h 🤡🤡🤡🤡🤡
@@Ayush-hq8ieusi ko hi loan maafi kahete hain... Jab companies ko maaf karte hain to waived off kehte hain.. Personal maaf ko maaf kehte hain.. Dono ek hi hai
@@prashant-bm4fp Bro wavied off May 95% ratio to 5% ka hota hai usko yah baat nahin pata Lekin,
Sahi bhai , kisano ka bahut loan waive kiya hai , kisi ko to bhugatna padega
30% is low..atleast 45% should be the rate for all credit card defaults. Because these are not backed by collateral.
According to you, 45% should be charged on a personal loan as well ?
@krishna.yaadav credit cards and personal loans are two different products..
Personal loan doesn't have the 45 day interest free period,convenience factor, rewards points, lounge access, air miles and other offers.
In short,personal loans are not a lifestyle product.
I agree! atleast this should make more percentage of the population aware and make them use such things responsibly. My friend works in a bank and he told me that the number of people who default in payments is increasing day by day due to ease of credit-card and loan facility
I'm gonna block my creditcard as soon possible.
😹
Defaulter spotted jk
Credit card is just trap for middle man
Stop using credit cards or keep only 1 credit card. RBI should instruct banks to display interest rates while selecting option partially pay bills like compulsion of cancer notice on Cigarette packets. People should be aware about this much interest rates
Yes
10:04 Option D. Suez Canal
India' s position
Taxation -1st
Penalty -2nd
Quality Air -173
Press Freedom -165
Infrastructure -80
Badhiya hai ... Credit card na lene ka strong reason dene k liye
Bhi mene 55000 ki jaruri saman kharida or due date se 5 din phle hi full payment kar Diya. That's good 👍😊
Deshbhakti ke naam pr.
hum gulam hone wale hai ferse apni hi logo ke 😂😂😂
Wahi to
Matlo credit card agar due time pe pay nahi kar sakte
Kon bolraha lene ko ?
Hnn to credit card mat lo jab income itni hai nai to credit card p iPhone kynn lena hai ki?? Ye sahi hai aiyashi karo aur paise bhi na do . Aur kuch bole to bol do hum to slaves hai slaves credit card use nai karte isly tum bhi nai karte hoge
To Mat le Credit card
Aa gye kuch defend krne government ko
Credit card issuing banks make part of their revenue by taking a swipe/transaction fee from the merchant.... sometimes the Merchant passes this on to the end consumer as well.... This is the reason why they offer you points & other privileges to use the card more often...so that they get a constant revenue as percentage of the transaction.
The other revenue stream is the money from the interest payments from defaulters and delayed/ missed payments.
Bhai video dekhate dekhate credit card close kara diye. Nahi chahiye credit card. Debt free life happy life 🎉
Sbi debit card k maintenance ka sb 236 kaat raha hai pehle 147 tha 😢 annually, looto or looto
Legal Extortion ✅
Lounge access bhi ek saal Baad policy change hojata hai.. ICICI bank bol raha hai.. You have to spend 75k quarterly to access lounge
Demand the interest on saving account , FD , RD are also limitless. Customers has right to decide what amount of interest he is given his earned money to the banks
*As a credit card user* : this is bad news for us, we are not sure how much interest have to pay
*But as a bank investor* i am hoping to see the banking share rise on next day
Option (D) Suez Canal it links between developed and developing countries, that connects the Mediterranean Sea to the Red Sea.
microfinance mai same problem hui thi ab same problem will replicate in credit card things thereby increase in Npa
जज साहब का हिस्सा 15% तो होगा ही😂😂😂😂
Bank parsonal loean hight kitna bada skati agar loean na bhar oaye to
Ans-:(D) Suez canal
Thankyou sir
That's why I haven't took any credit card till now
Middle calss man ... Rarely use credit card ... Koi dikkat ni ✌️👍
true, credit se iphone wale chapri isse control mai rahenge
Credit card is good but use it wisely and properly
totally now cc user decline rapidly,, downside
लोग अपने खर्चे और मजा करने पे control रखे.
कर्जा लेके खर्चा करना financial health के लिये अच्छी बात नही है.
❤
Very good descision.
*"INDIA SuperPower 2025"* 💪✨🔥
Happy new year 🎊 sir
D) Suez Canal
Congratulations 🎉
Very few variant of credit cards offer Airport Lounge access. If given, they charge hefty annual charge
Intrest rates need to be high,the people using credit cards have an intrest free period, and failure to utilize the intrest free period to pay your credit card dues incurred a penalty interest rate
Then also give 50% interest on FD and 30% on savings bank
Judge kaa net worth b public kr denaa chiye
That will adversely affect on Indian banking system ....I personally think ...we should stop using credit card and minimum deposit in bank ...more investment to gold etc
Very Good Decision.
Sir credit card kaise banta hai explain please and happy new year 🎊😊
Answer D - suez canal
Moneylender ko isiliye control kiya tha for extortionist interest, ab banks nein unka role le liya hai
Government should bring law to dismiss sc decision. This is in the favour of capitalism and against Socialism.DPSP Violation.
इसीलिये मैंने 2024 खत्म होने से पहले ही क्रेडिट कार्ड बंद करवा दिया... 🎉🎉🎉
Why GST on taking Loan from Bank ? Why it is not refundable when loan is paid off ?
GST is not charged on home loan but on the processing fee, account handling fee charged by the bank for providing home loan. Hope that helps.
@@shaikkhajamoinuddin3943 GST is charged in personal loan. Is Personal Loan is not a loan ?
Good 👍
4 months pehle hi lye h credit card 🤦♀️ used 55k , it's time to close
Its good for economy people are taking credit cards from multiple banks and revolving cash
It should be there so that defaulters type of people should not opt for this
Ye to pehle bhi tha na ?
Who says 30% banks charge more than 60% annually , 5% charge krti h LATE payment ki wajah se + late fee more than 1500 + GST, That is why log ab default kr re CC payments , just wait jaldi hi pura INDIA debt trap me fasne wala h or banks diwaliya ghosit hone lgega
Beta to jaj hote hain na aur jo minister hote hain vah tumse jyada padhe likhe hote hain bhai unhen tumse jyada har chij ki knowledge hoti hai ki kab Bank debit mein jaega kab nahin jaega to tu apna Gyan mat pel yahan per bhai😂🤡🤡🤡🤡🤡🤡🤡🤡🤡
diwaliya nahi honge... rbi ne pehle hi restriction laga di hai... aur payment time pe karoge toh yeh sab charges nahi dene padenge... kamaoge 1 lakh udaoge 2 lakh kabhi na kabhi bacha hua 1 lakh dena hi padega na...
@@prasadcnavale correct usse or acha hoga ki log le hi n creditcard or jitna h utna hi use kre jitna account me h paise
इसमें सुप्रीम कोठा का भी कमीशन होगा इसलिए ऐसा फैसला दिया है
The history of interest rates and lending practices is complex and influenced by various cultural, economic, and political factors. I'll provide a brief overview of the historical context and the evolution of interest rates.
Ancient Rome and Early Lending Practices
1. *Early Roman Law*: The Roman Law, specifically the "Twelve Tables" (circa 450 BCE), prohibited usury, or lending at excessive interest rates.
2. *Greek Influence*: As the Roman Empire expanded, Greek financial practices, including lending at interest, were adopted.
3. *Roman Banking*: Roman banks, known as "argentarii," emerged, offering loans to merchants, traders, and the government.
Jewish Involvement in Lending
1. *Jewish Merchants and Traders*: Jewish merchants and traders played a significant role in the Roman Empire's economy, particularly in the Mediterranean region.
2. *Moneylending*: Jewish moneylenders, often operating within their own communities, provided loans to individuals and businesses.
3. *Interest Rates*: Jewish lenders charged interest rates, which were not always excessive, but varied depending on the loan terms and risk.
The Rise of Interest Rates
1. *Medieval Period*: During the Middle Ages, the Catholic Church prohibited usury, leading to a rise in Jewish lending practices.
2. *Guilds and Merchant Associations*: Merchant guilds and associations, including Jewish ones, established standardized interest rates, which increased over time.
3. *Government Debt*: Governments, including the Roman Empire, began borrowing money from lenders, including Jewish ones, at increasingly higher interest rates.
Dramatic Increases in Interest Rates
1. *Inflation and Economic Growth*: As trade and commerce expanded, inflation rose, and interest rates increased to keep pace.
2. *Risk and Uncertainty*: Lenders charged higher interest rates to compensate for the risks associated with lending, particularly to governments and merchants.
3. *Regulatory Environment*: Changes in laws and regulations, such as the repeal of usury laws, allowed lenders to charge higher interest rates.
The evolution of interest rates and lending practices was shaped by a complex interplay of economic, cultural, and political factors. While Jewish lenders played a significant role in the Roman Empire's economy, it's essential to avoid oversimplifying or misrepresenting their involvement in shaping interest rates.
Would you like me to elaborate on any specific aspect of this historical context?
May be managed by Bank for judgement?
Brother please make more and more informative videos to aware people how they blindly beleive in government
45 Days ka time tavi milta hai jab aapki purchasing date 1 tarik ko hoti hai. Maan lijiye agar aapki purchasing date 20 tarik ko hai to aapko 25 din ka time milega..
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Enjoy 1:39
Thanks, you saved 1:39 of my life
Mujhe kya mere pas to credit card h hi nhi or ye dekh k to kbhi lungi bhi nhi
Jinka abhi haal hi mein 12 lakh crore ka loan maaf kiya tha, kya unpe bhi interest lagaya tha?🤔🧐🤨🤫🤭😒🙄😤
Great move
Nyaydish ji GST include toh nhi hai na jaise sweets pr hai sugar ki 18% gst
0:39 0:41 1:04 1:07 1:08 1:09
😶🌫️😶🌫️
Lene se pehle sochna cahiye...✌️✌️✌️😊
This is ridiculous for bank to charge this much interest rate
EMI pe baar baar GST dene ek fyda mila 😢😢😢, customer ko ❌, _________ko ✅.thnq tai
As a banker, I approve
( think twice before taking loan)
As a Consumer I also approve
RBI should decide interest rates not supreme court
Isme ek cheez acchi hai shayad ab bank utilities bill payment pr cashback de
Time to get rid of cc
How about 18 % gst on interest we pay to credit card..30 % plus 18 % gst
Interest rate credit card bill due pe atleast 70% honi chaiye taaki public credit card bill timely pay kareh
Credit 💳 Card hee band karana hoga 43% interest marta hai aur minimum paid kiya toh bhi next month same bill
Earth is flat according to flying book 🤡🤡🤡😂😂😂
allah had made earth for you as carpet (spread out)
Quran 71:15-19
D)Suez Canal
90% minimum
😂
Credit card bank charges already 38 to 42 percent .
Sahi toh h credit card ke benefits bhi bahut h logo ko smartly use nhi ata aj bhi
kya banks limited time FDs par bhi itna interest customers ko pay karenge
Indians should watch tmkoc credit card episodes, and must listen Mr Bhide 😊
judge 👨⚖️ ko accha khasa khilaya hoga bank walo ne 😂
Indian govt should thanks every single indian as they are living in India.
Naye zamane ke lala ji..supreme court..needs reforms..Bhai bhatijawaad
Ans =( A)Panama canal
Why is SC passing such judgements. I mean It’s RBI’s area of work and they should have a call on it.
Ye to jaruri h 12 lakh crore NPA kiya h kahi na kahi se wasulna h na 😊 India is becoming a plutocracy 😢😢 jha kuch log apne intrest ko pura krne k liye pure desh ki bali dene me piche nhi hat rhe 😢
I support this decision ❤
Option a❤❤
Indian Banks❌ Looting Banks✅ Supreme jokers 🤡
VJ Mallya: Chahe jitna lagalo, bharna kisse hai 😂
Why? What's the logic behind 30% interest?
Hackers are hacking without bank otp on credit card and no help or relief from bank ombudsman or RBI or even cyber crime cell after complain. And nowi have to pay 30%on the amount duped . Better not to take a credit card .