I have lost big money in DHFL FD. Invested after looking up on a good credit rating (from so-called agencies). The matter must've been resolved by RBI and culprits must've been punished. But the RBI simply handed it over to NCLT, which did not provide justice, and further expenses were incurred on remunerations, etc. upon adminstrator appointed and similar things. Happened what? Major money lost of major retail investors. Very sad! 👎🏼 Moreover, why are those credit rating agencies not punished for giving a false rating! 🤔 (Basis what have they given such ratings? - misleading people! Then why do they even exist? And even RBI in this case 👈🏼).
He bankrupts the already poor in partnership with all those who invest in Him and His Organization. He is the front face of the Mafia that has hijacked the country by hollowing out our public institutions
Be it ARC,NCLT everywhere it is just corruption..how come many bank directors join ARCs..Edelweiss helps borrowers how to become an NPA, and they also run ARC to help promoters get back these assets
Thanks to MS Sucheta Dalal for reporting frauds of industrial houses where common retailers or customers of share markets are adversely affected by Govt frauds.
Sucheta, you are amazing. Dr Swamt rightly described you financial Terrorist. You have been exposing the systemic corruption as no one ever did. May Mahadev Bless you.... Col A K Tiwari (retd)
Madam I have invested in SREI NCD’s and DHFL FD’s. DHFL has paid Re 0.29 per rupee and I have lost more than 6 lakhs. SREI is paying some peanuts to the investors, but there are no transparency in their payments. Since investors are scattered they are unable to do anything. Govt should form a rule that companies cannot accept monies from Public by way of FD and NCD’s as this is the easy way of raising funds by the corporate. All companies had to go to banks only for borrowing.
@jviswanathan1180 same to same. I too have invested in DHFL FDs and SREI NCDs. Even I have following questions in my mind: Fund raising by these entities come under RBI, but where was RBI when DHFL was defaulting! 🤔 Why did it handover the matter to NCLT? ALL that is okay, above all fixed deposit means - fixed! 👈🏼 Then why was this not fixed? On what basis did credit rating agencies give a good rating to DHFL, and why not these so-called agencies are punished as well, for giving a false rating? Then why do they even exist? 🤔
Excellent Articulation Keep it up ! These complex & specialised subjects can only b understood by all who understand business The thugs are ruling .. they crave to become NPA & wait for ARCc to take over with massive haircut The old promoter continues under guidance from ARCs God help !
Lol , all this ARC , nclt was always a way out for crooks . Never was done for recovery . Writing off Ambani for 455 cr fir a debt of 48000 crore 😂😂😂. Choro and thugs ki party chal rahi hai
recently deal LICHF and CFM . loan of 711 crore sold for just 250 crores. Why LICHF clear loan to Agora city project site on the river Vishwamitri in Vadodara. Who will responsible for this all????
Thank you ma'am. Our financial system and all its components are full of bugs and it is totally rotten. Everyone is nibbling at the pie and nothing will be left on the plate for the people of this country. How sad and shameful.
Whilst i dont deny wrong doings by certain ARCs, they are suppose to be resurrecting consolidated loans from various banks for corporate loans and work towards resolutions with one decision maker. It’s an excellent model and needs to be run well rather than just criticised. Sucheta is a good conscious keeper but we need solutions to work
Problem of withdrawal of NPS funds. My wife, age 66yrs has been contributing to NPS.Her mbl no,Email address & res address has changed.Her PAN No, Bank account no & PRAN no is same. She's holding updated Aadhar Card. How to withdraw full amount ( below ₹5 lacs),??
In a nutshell, they are very good at making the numbers "good looking" , otherwise realities and situations are same as before.. there are a lot of bugs in Indian financial system. Banks showcase celebration that their NPAs are going down.. but no real answers for HOW ? I wonder how the hell these ARCs work😂. Thanks for this. BUT I'm sure there much more in this topic.
Rightly said.. there are much more nuances.. lot of many reputed private sector banks are involved and these ArC companies flooded market with Aif funds…
New rules from Jan 25 is locking the stable door after the horse has bolted. By then, the people behind the ARC frauds would have moved to fresher fields and the regulator(s) are left chasing shadows, forever 😮
I have lost big money in DHFL FD. Invested after looking up on a good credit rating (from so-called agencies).
The matter must've been resolved by RBI and culprits must've been punished. But the RBI simply handed it over to NCLT, which did not provide justice, and further expenses were incurred on remunerations, etc. upon adminstrator appointed and similar things. Happened what? Major money lost of major retail investors. Very sad! 👎🏼
Moreover, why are those credit rating agencies not punished for giving a false rating! 🤔
(Basis what have they given such ratings? - misleading people! Then why do they even exist? And even RBI in this case 👈🏼).
Very well narrated everything to the point Thanks ma'am
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Right from demonitization everything is shady. Our man talks loud and delivers poor. We cant understand his real intentions
He bankrupts the already poor in partnership with all those who invest in Him and His Organization. He is the front face of the Mafia that has hijacked the country by hollowing out our public institutions
Be it ARC,NCLT everywhere it is just corruption..how come many bank directors join ARCs..Edelweiss helps borrowers how to become an NPA, and they also run ARC to help promoters get back these assets
Thanks to MS Sucheta Dalal for reporting frauds of industrial houses where common retailers or customers of share markets are adversely affected by Govt frauds.
You're welcome!. Please subscribe to our channel for more such content.
Problems with SARFAESI Act and IBC are coming out slowly. But very few people still understand.
Sucheta, you are amazing. Dr Swamt rightly described you financial Terrorist. You have been exposing the systemic corruption as no one ever did. May Mahadev Bless you.... Col A K Tiwari (retd)
Appreciate your kind words. Hope you would help in spreading the word about our channel and encourage others to subscribe as well!
What you doing is a great service to investors and to the country
Your Welcome.
Excellent analysis, as always.
Glad you liked it . please subscribe to the channel
Brilliantly explained.
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Madam I have invested in SREI NCD’s and DHFL FD’s.
DHFL has paid Re 0.29 per rupee and I have lost more than 6 lakhs.
SREI is paying some peanuts to the investors, but there are no transparency in their payments. Since investors are scattered they are unable to do anything.
Govt should form a rule that companies cannot accept monies from Public by way of FD and NCD’s as this is the easy way of raising funds by the corporate.
All companies had to go to banks only for borrowing.
Ex rbi governor raghuram rajan said if any returns are very high watch out!
@jviswanathan1180 same to same.
I too have invested in DHFL FDs and SREI NCDs.
Even I have following questions in my mind:
Fund raising by these entities come under RBI, but where was RBI when DHFL was defaulting! 🤔
Why did it handover the matter to NCLT?
ALL that is okay, above all fixed deposit means - fixed! 👈🏼 Then why was this not fixed?
On what basis did credit rating agencies give a good rating to DHFL, and why not these so-called agencies are punished as well, for giving a false rating? Then why do they even exist? 🤔
@jvishwanathan1180 I am an NCD investor in SREI as well. I am not updated about its resolution. Would you share what you know?
@@saurabhkesharwani6143 The final resolution was - you lost 99% of the amount invested through their NCD's
IBC is nothing but a fancy word for "legalised bandar-baant"
Amazing content, as always
Appreciate your kind words. Hope you would help in spreading the word about our channel and encourage others to subscribe as well!
Thank you ma'am
You're welcome! Please subscribe to our channel for more such content.
Please also look at the NCD scheme, this has become a menace- SREI
I am an NCD investor in SREI. I am not updated about its resolution. Would you share what you know?
Excellent Articulation
Keep it up !
These complex & specialised subjects can only b understood by all who understand business
The thugs are ruling .. they crave to become NPA & wait for ARCc to take over with massive haircut
The old promoter continues under guidance from ARCs
God help !
Glad you found the video to be useful. Please subscribe to our channel for more such content.
Lol , all this ARC , nclt was always a way out for crooks . Never was done for recovery . Writing off Ambani for 455 cr fir a debt of 48000 crore 😂😂😂. Choro and thugs ki party chal rahi hai
Whistle-blowers must have better protection
recently deal LICHF and CFM . loan of 711 crore sold for just 250 crores. Why LICHF clear loan to Agora city project site on the river Vishwamitri in Vadodara. Who will responsible for this all????
Totally opaque structure in ARC functioning. First hand experience. Only when top layer is greased, you get any acceptable solutions.
Thank you ma'am. Our financial system and all its components are full of bugs and it is totally rotten. Everyone is nibbling at the pie and nothing will be left on the plate for the people of this country. How sad and shameful.
You're welcome! Please subscribe to our channel for more such content.
When will there be an enquiry against Piramals
Yes! 👍🏼
Thank you
You're welcome! Please subscribe to our channel for more such content.
Whilst i dont deny wrong doings by certain ARCs, they are suppose to be resurrecting consolidated loans from various banks for corporate loans and work towards resolutions with one decision maker. It’s an excellent model and needs to be run well rather than just criticised. Sucheta is a good conscious keeper but we need solutions to work
..only edelweiss ..seems this arc not bought enough electoral bonds..
😀
Problem of withdrawal of NPS funds. My wife, age 66yrs has been contributing to NPS.Her mbl no,Email address & res address has changed.Her PAN No, Bank account no & PRAN no is same. She's holding updated Aadhar Card. How to withdraw full amount ( below ₹5 lacs),??
In a nutshell, they are very good at making the numbers "good looking" , otherwise realities and situations are same as before.. there are a lot of bugs in Indian financial system.
Banks showcase celebration that their NPAs are going down.. but no real answers for HOW ?
I wonder how the hell these ARCs work😂.
Thanks for this. BUT I'm sure there much more in this topic.
Good afternoon madam am yur huge fan
Thank You
This is terrifying
SARFAESI and IBC is being taken on a ride.
This is blatant loot of depositors n shareholders n taxpayers money..
Is this India Resurgence ARC
Waiting for Adani video
Are you sure you investigate correctly in this case
Rightly said.. there are much more nuances.. lot of many reputed private sector banks are involved and these ArC companies flooded market with Aif funds…
👍
Thank You
Retail investors is going to be hit badly but still will repose it's faith in incumbent government. Namo Namo
Sorry state of affairs!
New rules from Jan 25 is locking the stable door after the horse has bolted.
By then, the people behind the ARC frauds would have moved to fresher fields and the regulator(s) are left chasing shadows, forever 😮