We have made significant strides and I do believe bad loans by corporates are decreasing and will probably become much less into the future, the governent has done a good job, but we need to do it even faster and get rid of more PSU and fund 3 large PSU banks for infrastructure, bad loans(re capitalisation also), and one exclusively for stuff like PLI scheme and welfare schemes.
Unless govt changes the law to either give RBI more teeth or have another independent regulator, the problem will keep coming back again. The current laws tie RBI's hands when it comes to regulating govt banks. Its better that the govt uses the axis bank model and privatize most of the govt bank (bar maybe SBI). They should dilute their holding to around 30-40%, let them be privately run and give RBI more powers to regulate them.
of course they will decrease as they are being written off !!!! the govt had promised to bring back this money also money from abroad ...dont see any progress on this so .....
@@abhayapte7226 well to be fair to your first point, the govt really can't do much other than try to sell, and write off at discounts and make back as much as they can, which they have done.
Yes. Definitely deserves subscribers in millions. But keeping in view of current public taste, it seems far distant. So sad that now days most public wants entertainment instead of informative analytical content.
Bro seriously I feel so bad for u, That you are putting our such good level animation in your videos, but still people are not seeing it, they still stick to the traditional comedy videos... .. Bro but don't worry, don't loose hope, definitely your channel will boom coz, 1) u are making content in English rather that hindi, so u will taget larger audience. 2) the level of animation and story telling 4:12 u do in your videos is incredible. 3) in the next few years quality intelligent people will join your channel, the ones born after 2000, the GenZ the one who are going to vote, And need to decide whom to vote, by seeing the facts on channels like yours.. . Again don't worry about numbers bro, your audience are the quality one's the ones mature enough to take the right decision!!
Bisbo ✌🏻✌🏻 always great, you should have a television channel. Man I hate current news channel, so called liberals and conservatives both are biased but you are a real centrist. Thank you man.
I'm glad you took up this topic.ARCs may look like someone who cleans the Bank's BS but at the same time their measures are pretty dangerous.If you want to get a fair idea, go through the reviews of any ARC on google.Unfortunately there is no provision for this in SARFAESI Act. Also I feel IBC is a piece of art, why?Because the major law is being written as the case proceeds, there have been major ammendments in IBC until now.Insolvency pre pack will be a game changer.
Beautifully explained with excellent images. You have surely put a lot of hard work into this. Kudos..! This is my first view here and I am surely I will keep visiting this channel for more info.
A wonderfully detailed yet crisp animation on a subject which is much more pertinent in the wake of pandemic induced lockdown. Good job done by Bisbo team - animation, voiceover & most importantly the research in depth. Waiting for more videos on your channel.. Keep up the good work. Compiling a few suggestions for future videos : 1. Tuktae cyclone 2. OTT - impact on Bollywood 3. COVID's impact on Geo-Politics & economy 4. Changing voting trends in India - from caste to development 5. Liberation of Bangladesh - 1971 war ( silver jubilee this year) 6. COVID's impact on Education - options ahead. Thankyou for your efforts. Your channel requires much more publicity and viewing. Stay safe. Regards
You are right bisbo many NPA'S are defaulted by companiesin the past and recapitalisation is done many times particularly after Nirav Modi and Vijay Mallya fraud and our taxpayer face such burden coz our money is only used to cover the losses.Nice and simple explanation
bro...you subscriber since 2017... you are simply amazing....compilation of knowledge plus animative presentation....that is super interesting....keep the good work up......love your videos
@@BisboWorld it's Great to hear from you bisbo ,please do a vid on covid mismanagement and Israel Palestine issue 😀 all the best for your future endeavors from your diehard fan
Great sir the way macking vedio is awasome keep go on .this vedio is help who prepare for UPSC. especially I love way of presenting vedio by animations.
Really love the content bisbo... U really help students like me understand the current situation..... Beautiful animations with well set voice over of main news.....to stay updated with world.... What else do u need ...? Keep it up
These laws and regulations are only for common people - I have raised ombudsman in RBI with substantial evidence but they auto closed with out even reading.
Bisbo please make a video on Government trying to set up a DD International news channel on the lines of BBC to showcase India's view to the world. Also, What changes could be brought to make our own media more efficient & unbiased towards either of the sides.
We are still living in british era thinking that looting govt money is a cool thing, not only big businessmen everyone tries to avoid loans and go for a settlement which is much lower than the amount borrowed.
After watching this phenomenal video upon govt utter failure to check the lending & recovery scams there would still be someone "Meri jeb so thodi Gaya h" well guess what that gonna happen very soon just look at PMC Bank customers & the hardship they went through
I'm really impressed by your in-depth analysis of banking amd finance sectors even though a lot of things were knew to me. Can you make a video comparing capitalism, social/communist financial system? If there are any
#BISBO WE NEED MORE ELABORATE VIDEOS SOMETIMES THESE FINANCE THINGS GET MORE TECHNICAL AND TO BE HONEST IS OUT OF OUR LEAGUE PLEASE DO TRY TO MAKE US UNDERSTAND WITH EXAMPLES OF EVERYTHING
I didn't understand the part where they said selling bad loans? What does that mean As I know loan is lending money to someone or something in the hope of getting a certain amount of profit from interest rate! So who would buy bad loan and how does it work
@@BisboWorld www.google.com/amp/s/wap.business-standard.com/budget/article-amp/union-budget-2019-bank-recapitalisation-to-take-place-in-two-stages-119070600079_1.html It's not hard to find. SBI received highest sums from GoI but that's also because of its big size. Anyway it was Indian Bank which hardly received any sums and most of it forced by GoI in order to keep the bank on its whip.
Bro another level bro u are the best in explaining with ease . How r u gathering all these information without confusion please give me a tip on this bro. It will help me in stock market bro please
We revise the script umpteen times, may be 10-15 times before the final version is done. All the time looking to embellish the video with facts and information. I f you were to see the initial script you would never recognise it!
@@BisboWorld ohh okay i get it bro .hats off for ur Hard work and dedication. I like u because u reflect true and unchanged version of story . Keep doing it
Great content guys👏 Also china has banned the use of crypto currency, what is your view on that ? Will crypto still be a booming investment vehicle or become the new age extinction?
No investigation in rbi..yet all big loans more than 100cr require departmt of financial service and rbi approval.. psu banks get investigated but not dfs or rbi officers
We have made significant strides and I do believe bad loans by corporates are decreasing and will probably become much less into the future, the governent has done a good job, but we need to do it even faster and get rid of more PSU and fund 3 large PSU banks for infrastructure, bad loans(re capitalisation also), and one exclusively for stuff like PLI scheme and welfare schemes.
Yes agreed, fraud of this nature is likely to decrease in the future
Agree, and RBI should be more accountable
Unless govt changes the law to either give RBI more teeth or have another independent regulator, the problem will keep coming back again. The current laws tie RBI's hands when it comes to regulating govt banks. Its better that the govt uses the axis bank model and privatize most of the govt bank (bar maybe SBI). They should dilute their holding to around 30-40%, let them be privately run and give RBI more powers to regulate them.
of course they will decrease as they are being written off !!!! the govt had promised to bring back this money also money from abroad ...dont see any progress on this so .....
@@abhayapte7226 well to be fair to your first point, the govt really can't do much other than try to sell, and write off at discounts and make back as much as they can, which they have done.
I saw this channel in recommended few days back, now I'm addicted
And i am your 😅
Oh! PowerTrain 😃😃 I saw your channel few weeks ago and I'm addicted.
Bisbo is one of the best you tube channel, there is no doubt in this.
Same happenned to me when i saw your channel
And watch both.
Bisbo is doing something which Indian media has failed to do since inception. Kudos to Bisbo team! 👍
Thank you Abhishek
So share more and more....
I really feel bad for the taxpayers money to be wasted in this way, the most worrisome thing is many people don't question about this.
sad reality.
Honestly to my opinion I swear this is the only guy who can explain politics well without brainwashing.Proud of you man..
Thanks bro
So share more and more....
Even after getting robbed by this PSUs Indians would still oppose privatisation.
you guys are the best. I read about bad banks in a article but couldn't understand it then, but now... hell yeah$$. THANK YOU BISBO
Thanks Krish
Setting up a Bad bank is like transferring money from pocket to another pocket. It's basically same thing ~~ Raghuram Rajan
BUT IT WOULD BE GOOD TO RESTRUCTURE, BECAUSE SOMETIMES IN HURRY GOVERNMENT TRIES TO PULL OFF MONEY FROM OTHER SECTORS WHICH IS BAD.
0:08 even Bisbo couldn't stop his laugh 😂😂
I think you deserve the award MOST UNDERRRRRATED RUclipsR OF INDIA
You deserve 10m subscribers man keep working keep growing
Thanks Sathvik
Yes. Definitely deserves subscribers in millions. But keeping in view of current public taste, it seems far distant. So sad that now days most public wants entertainment instead of informative analytical content.
I am from an ARC, and this video is very interesting 👍
Thank you Vishal. This means a lot
0:32 the illustration is so perfect. Govt literally pumping money into banks.
Lol. We saw it the same way!
I was waiting for Thursday all week😂🤦♂️
Thanks Nandish
your sources and making stack of them is very praiseworthy
so that we could understand the whole scenario
Thanks Achintya
Plz make a story on Manmohan Singh's contribution to India's Economy
The only thing I heard is "Tax payers money".
What is not spoken in news channels is clearly explained by bisbo Channel.
Thanks Kumar
Bro seriously I feel so bad for u,
That you are putting our such good level animation in your videos, but still people are not seeing it, they still stick to the traditional comedy videos...
..
Bro but don't worry, don't loose hope, definitely your channel will boom coz,
1) u are making content in English rather that hindi, so u will taget larger audience.
2) the level of animation and story telling 4:12 u do in your videos is incredible.
3) in the next few years quality intelligent people will join your channel, the ones born after 2000, the GenZ the one who are going to vote,
And need to decide whom to vote, by seeing the facts on channels like yours..
.
Again don't worry about numbers bro, your audience are the quality one's the ones mature enough to take the right decision!!
Thank you Hitesh, we are not disheartened at all. We are happy to be watched as much as we are and are growing well.
@@BisboWorld we ?
I thought it was a bisbo was a single person.
I didn't know it was a team.
Anyways keep it up guys🎉
Made everything so simple to understand. This was amazing!!
Glad you liked it Shloka!
Bisbo ✌🏻✌🏻 always great, you should have a television channel. Man I hate current news channel, so called liberals and conservatives both are biased but you are a real centrist. Thank you man.
Welcome Pawan and thanks. We want to offer the centrist view
Honestly, the video is wonderful. Keep posting up regularly. And it's just a matter of time and marketing, everyone else is perfect.
Thank you Akanksh. Humbled
I'm glad you took up this topic.ARCs may look like someone who cleans the Bank's BS but at the same time their measures are pretty dangerous.If you want to get a fair idea, go through the reviews of any ARC on google.Unfortunately there is no provision for this in SARFAESI Act.
Also I feel IBC is a piece of art, why?Because the major law is being written as the case proceeds, there have been major ammendments in IBC until now.Insolvency pre pack will be a game changer.
IBC is seeing some success and yes, some of it is being written on the fly to cater to a dynamic situation
Beautifully explained with excellent images. You have surely put a lot of hard work into this. Kudos..! This is my first view here and I am surely I will keep visiting this channel for more info.
A wonderfully detailed yet crisp animation on a subject which is much more pertinent in the wake of pandemic induced lockdown.
Good job done by Bisbo team - animation, voiceover & most importantly the research in depth.
Waiting for more videos on your channel..
Keep up the good work.
Compiling a few suggestions for future videos :
1. Tuktae cyclone
2. OTT - impact on Bollywood
3. COVID's impact on Geo-Politics & economy
4. Changing voting trends in India - from caste to development
5. Liberation of Bangladesh - 1971 war ( silver jubilee this year)
6. COVID's impact on Education - options ahead.
Thankyou for your efforts. Your channel requires much more publicity and viewing.
Stay safe.
Regards
Thanks, we have touched on some of these topics in previous videos
These constant posts make me so happy.
Concept presentation is wonderful with appropriate animations. Kudos Team !!!
Thanks
God bless you.......with more strength and health.
Thanks Bagala. You too take care in these trying times
This is one of my most watched channel now! The Bisbo's Limerick is the best 😍
Thank you Sanket. The limerick is our signature!
Always enjoy Bisbo'$ videos. The narration is certainly his forte.
Thanks Bronco
Beautiful, well balanced, well informed reporting/analysis. World class.
Keep up the good work Bisbo
Thank you so much Sam 😀
Government Policies + Bad businessMan = Looting Public Money 🔥🔥
Taxpayers money 😭
One thing is COMMON
“TAX PAYER MONEY, WHAT ELSE?”
You are right bisbo many NPA'S are defaulted by companiesin the past and recapitalisation is done many times particularly after Nirav Modi and Vijay Mallya fraud and our taxpayer face such burden coz our money is only used to cover the losses.Nice and simple explanation
Your efforts are visible bro, very deep and insightful knowledge, provided in a layman terms. Great work👏👏👏👏👏
Thanks a ton Mayank
bro...you subscriber since 2017... you are simply amazing....compilation of knowledge plus animative presentation....that is super interesting....keep the good work up......love your videos
Thank you Siddharth for being with us on this journey.
Top-quality content on this subject.
Thanks Emmanuel
WoW!!! Awesome video 🔥🔥
Thanks Sri
Great video as usual Bisbo 👍🏻
Thanks Kabir
Another superb one bisbo❤️
Thank you so much Ravi 😀
Taxpayer money 😑😑
Literally solution to everything
This video was very amazing and full on Insights
Thanks Deep
v v good bisbo clear analysis
Thanks Nagaraj
@@BisboWorld it's Great to hear from you bisbo ,please do a vid on covid mismanagement and Israel Palestine issue 😀 all the best for your future endeavors from your diehard fan
Great sir the way macking vedio is awasome keep go on .this vedio is help who prepare for UPSC. especially I love way of presenting vedio by animations.
Thanks Vishnu
You are a motivation for me. I have been procrastinating on starting my youtube channel. Your hardwork motivates me!❤️
Go for it John
Really love the content bisbo...
U really help students like me understand the current situation.....
Beautiful animations with well set voice over of main news.....to stay updated with world....
What else do u need ...?
Keep it up
It's my pleasure Ranjini
Raghuram Rajan's entry felt more like a Marvel superhero!
Great job as always ♥
Team Bisbo take a bow 🎀
Keep shining !! 🌟
Thanks Gurmaneet
Bad Bank may be a good idea but the recovery rate of NPAs should improve considerably.
These laws and regulations are only for common people - I have raised ombudsman in RBI with substantial evidence but they auto closed with out even reading.
Avid watcher here. I like the upgrade in the voice, keep it up.
Hey, thanks Yasser!
wow bisbo you're awesome 👌
Thanks Prajwal
I just realised he used old 500 and 1000 indian rupee notes in the animation 😀
Yes, because those bailouts were pre-demon
Awesome animation and content is very easy to understand 👌
Thanks Kaushik
Bisbo keep it up....🙏🏻
Will do Janhavi
Very nicely explained bisbo
Thanks for liking Shashi
Bisbo please make a video on Government trying to set up a DD International news channel on the lines of BBC to showcase India's view to the world. Also, What changes could be brought to make our own media more efficient & unbiased towards either of the sides.
We are still living in british era thinking that looting govt money is a cool thing, not only big businessmen everyone tries to avoid loans and go for a settlement which is much lower than the amount borrowed.
Agreed
Interesting watch!
Thanks Tanishq
Sir can we have something elaborate on the Satyam scam?? You explain it so well that even the most twisted issues become very much understandable
And the bank's are milking their lost money from ordinary citizens.
Taxpayers money. Nation is running on it
After watching this phenomenal video upon govt utter failure to check the lending & recovery scams there would still be someone "Meri jeb so thodi Gaya h" well guess what that gonna happen very soon just look at PMC Bank customers & the hardship they went through
Sir please carry on exaplanations on Economics your viedos are awsome.
Will do Arjun
At 06:38 it should be 1997 instead of 2008 as afc happened in 1997 Gfc happened in 2008.
there's a German series called "Bad Banks"
I'm really impressed by your in-depth analysis of banking amd finance sectors even though a lot of things were knew to me. Can you make a video comparing capitalism, social/communist financial system? If there are any
Thank you Ali. That might make an interesting video when there is another occupy Wall Street movement
Communism would likely not have any kind of a financial system as it's defined to be currencyless
Your channel is addicting
Thanks Manisha, good addiction is not bad (play on thumbnail title)
You deserve a nobel prize 🙏
Bisbo
Xavier
David
#BISBO WE NEED MORE ELABORATE VIDEOS SOMETIMES THESE FINANCE THINGS GET MORE TECHNICAL AND TO BE HONEST IS OUT OF OUR LEAGUE
PLEASE DO TRY TO MAKE US UNDERSTAND WITH EXAMPLES OF EVERYTHING
OK Vinit. This one had a few extra technical terms
I didn't understand the part where they said selling bad loans?
What does that mean
As I know loan is lending money to someone or something in the hope of getting a certain amount of profit from interest rate!
So who would buy bad loan and how does it work
It’s like you selling a 2nd hand car. The buyer will try to spruce it up and sell it at a profit
Can you make a video on Visakhapatnam Steel Plant?
very informative!
Glad you liked it Smarnik
@@BisboWorld I like each and every videos from your channel!keep up guys! ❤️
Thrashed capitalism in 90 seconds. Well-done bisbo
Lol but is socialism any better? Though the Scandinavian counties are doing a good job
@@BisboWorld i literally have no idea about socialist, capitalism just plainly sucks. Masses paying for the 1 percent.
@bisbo could you please make a video on real estate fraud & safety?
Can you do the video about purulia arms case.
Education being such crucial sector for the development of our own nation, is up with the highest Loan Interest. 😑
Unfortunately , if they decrease the interest then colleges will increase the fees.
In the end its all demand and supply
Need some correction the Asian crisis occurred in 1997 not in 2008 , the 2008 was World wide recession
Noted
That's why there are 10,000 ads asking people to invest in Mutual funds 😤 what does the taxpayers get ?
Mutual funds are a separate industry and they benefit the long term investor
The maharashtra sugar scam by our honorable Sharad Pawar..! MTF
Please try to make one video everyday....plz
They have more than 5 channels, it's not easy for them
Please make a video on vaccine policy.
One week is hard to wait for a video
Takes time to make, but we are working on making it 2 a week, once our team gets back together after lockdown in Mumbai ends
great video
Thanks Vibhor
SBI was also recapitalised. It was Indian bank which received almost nill money.
I doubt SBI was ever recapitalised. But can you tell me year of recapitalisation? And send me the article link. Thanks
@@BisboWorld www.google.com/amp/s/wap.business-standard.com/budget/article-amp/union-budget-2019-bank-recapitalisation-to-take-place-in-two-stages-119070600079_1.html
It's not hard to find. SBI received highest sums from GoI but that's also because of its big size.
Anyway it was Indian Bank which hardly received any sums and most of it forced by GoI in order to keep the bank on its whip.
@@BisboWorld and SBI may also needed a hefty funds for its survival as they joined the cord of Yes Bank with SBI. Only God can save the Yes Bank now!
Thank you Anoop for adding this information
Bro another level bro u are the best in explaining with ease . How r u gathering all these information without confusion please give me a tip on this bro. It will help me in stock market bro please
We revise the script umpteen times, may be 10-15 times before the final version is done. All the time looking to embellish the video with facts and information. I f you were to see the initial script you would never recognise it!
@@BisboWorld ohh okay i get it bro .hats off for ur Hard work and dedication. I like u because u reflect true and unchanged version of story . Keep doing it
Highest quality on this vdo only 480p please upload in higher quality too.
I don’t know why. It shows SD like all others in our channel page
Ya please look for solution bcoz all the efforts made on animation will look better in higher quality 👍
Of what else tax payers money🥺
Why don't you make a video on the Twitter and Facebook state in India to get banned tomorrow(May26, 2021)???????????
Great content guys👏
Also china has banned the use of crypto currency, what is your view on that ?
Will crypto still be a booming investment vehicle or become the new age extinction?
We are writing one on that too
It's the taxpayers fault to deposit money in banks don't go for FD buy and sell commodity it's more profitable than FD
Where else can they keep their money?
waiting
I always wander, among these defaulters, how much % would be genuine business failure ? and how much % would be fraudulent ?
True, I would put it at over 50% frauds
No investigation in rbi..yet all big loans more than 100cr require departmt of financial service and rbi approval.. psu banks get investigated but not dfs or rbi officers
RBI was not involved. That’s barking up the wrong tree. It is impossible for RBI to oversee individual loans
Will get PDF ? Nice video.
Thanks Ganesh. That's something we have been planning to do when we start memberships. We haven't got pdf made yet for any of our videos.
@Bisbo please make a video of covid India's masacare mis handled by modi
Hence rich dont pay their taxes and stack up black money leading to all sorts of economic problem.
It’s a cycle. Most of the black money comes from fraud done to the banking system
@@BisboWorld Thank you bisbo❤️ first time iam getting a reply from such a big channel.
Why don't you guys cover the story of aadarsh societal scam
What is the meaning of bisbo?
Make a video on cricket on world test championship
Making
@@BisboWorld ok thank you waiting to see that