Srimad Bhagvatam clearly mentions that as a just rule for any kingdom, King should not charge more than 16%-18% Interest from his / her subjects. Banking has originated from Credit and credit has been part of Bharat from time immemorial
Only three ways money leaves banking system: 1. Bank's balance sheet contracts (less lending once existing lending matures / is paid back) - One way this happens is when bank's profits increase > resulting in money being kept as reserves/surplus or dividends being distributed to shareholders as opposed to those profits being used to increase lending / money supply in the economy for various reasons (hot markets, excessive lending, overleveraging, cautious bankers, etc.) 2. Central banking increases reserves, selling bonds, etc. (Quantitative tightening) 3. Bank's money gets printed into currency notes One Other way that was not spoken about: - Money is taken out of the country - e.g. Wire transfer from a bank in India to a bank out of India. Meaning the individual / organisation is "selling" (paying with) rupee in order to buy the foreign currency. This is what currently has RBI worrying given excessive outflows from Indian Equities by FPIs. It could also be when a bank is paying off its borrowings abroad.
Excellent podcast sameer and neeraj. One area where it will help to connect the dots between central banks liquidity to commercial banks liquidity( L0 to L3) transition. Thanks.
Glad you liked it @tnvatsa. Thanks much for appreciating. Following are two videos that may be of interest to you: 1) What is Money? th-cam.com/video/lyo4E8S-Qbg/w-d-xo.html 2) How do banks work? Part -1 th-cam.com/video/CBo_S0EtzRA/w-d-xo.html Also, please find below a playlist with related topics that you may also want to listen at leisure: th-cam.com/play/PLumGv5ckAx3DOnL9ahYX6xdD1zD6DaSfG.html Regards, Team Axis Bank.
![เปิดบ้าน โคตรสวย ป๋องกพล รู้จักตั้งนาน เพิ่งรู้ว่ารวย!!! l [Nickynachat]](http://i.ytimg.com/vi/tmgCF_2HfYI/mqdefault.jpg)
thank you. Your (the host's) summarisation is quite helpful in various situations.
Srimad Bhagvatam clearly mentions that as a just rule for any kingdom, King should not charge more than 16%-18% Interest from his / her subjects. Banking has originated from Credit and credit has been part of Bharat from time immemorial
I think this is a must see primer for any banking and finance student
Only three ways money leaves banking system:
1. Bank's balance sheet contracts (less lending once existing lending matures / is paid back)
- One way this happens is when bank's profits increase > resulting in money being kept as reserves/surplus or dividends being distributed to shareholders as opposed to those profits being used to increase lending / money supply in the economy for various reasons (hot markets, excessive lending, overleveraging, cautious bankers, etc.)
2. Central banking increases reserves, selling bonds, etc. (Quantitative tightening)
3. Bank's money gets printed into currency notes
One Other way that was not spoken about:
- Money is taken out of the country - e.g. Wire transfer from a bank in India to a bank out of India. Meaning the individual / organisation is "selling" (paying with) rupee in order to buy the foreign currency. This is what currently has RBI worrying given excessive outflows from Indian Equities by FPIs. It could also be when a bank is paying off its borrowings abroad.
Thia is so infirmative Sir! Looking forward to the next episode
हम 😮 0:22 😅 0:23😢😂😂के 🎉🎉🎉🎉
Well explained
It's so informative and simply explained. Just excellent
Glad you liked it.
Team Axis Bank.
@@AxisOpenDialogue We are looking for next episode.
Very much informative and baze it as truly serious and conceptual learning. Every leader should listen
Glad you liked it.
Team Axis Bank.
Great podcast.
Simplified and clear.
Glad you liked it.
Team Axis Bank.
Excellent podcast sameer and neeraj. One area where it will help to connect the dots between central banks liquidity to commercial banks liquidity( L0 to L3) transition. Thanks.
Glad you liked it @tnvatsa. Thanks much for appreciating.
Following are two videos that may be of interest to you:
1) What is Money?
th-cam.com/video/lyo4E8S-Qbg/w-d-xo.html
2) How do banks work? Part -1
th-cam.com/video/CBo_S0EtzRA/w-d-xo.html
Also, please find below a playlist with related topics that you may also want to listen at leisure:
th-cam.com/play/PLumGv5ckAx3DOnL9ahYX6xdD1zD6DaSfG.html
Regards, Team Axis Bank.
Very happy to see you didn’t ape the west and use the word Fireside Chat which has no relevance in most parts of this country
😊
Axis bank is the worst bank of India