Big question??? What the hell auditors, independent directors, analysts, rating agencies and SEBI were doing??? I am an government employee and was checking NPS detailed portfolio and shocked that there are more than 750 cr is already defaulted by IL&FS. Thanks for the beautiful presentation.
Sir, I agree we need to do something about such situations however with the current dynamic alterations in the economy I think it is hard to focus on such companies until such whistleblowers do their job.
Dear Mr Sarda. It's very gratifying to see young CAs like you doing such a good analysis and also sharing the same on public media. I'm a 1977 CA and currently a NRI. I'm curious to see the forensic audit report of RBI you referred to in your presentation. Is that report available in public domain ? If yes, kindly share.
The biggest problem is DELAY an Indian mentality issue. Dont blame auditors and regulators because everytime they asked questions the management could always claim a VALID reason that is DELAY. People who dont know the worlings blame blidnly. We need to change our DELAY mentality
Prashant Sir, Hats off to you. You are doing great and I am really happy to see your videos. You are a visionary leader. Once upon a Time, I was thinking that somebody is there who will highlight this. You are a chosen one. I just saw your LinkedIn profile , all India Rank 11. Sir for me you are no.1. आपने दिल जीत लिया! आपकी टीम और आपको तहे दिल से शुक्रिया!
Thankyou for this in depth analysis report. Although it comes at a time when the Indian Economy is very gloomy, this report is a good wake up call for the citizens of this country. Can you possibly conduct a similar report on the ill health of the tea industry. Despite its 160 plus years of history, it has become obvious that the members within this vast fraternity - tea makers, middle men, value add packagers/retailers & GOI, have not mastered the art of running this tea business well, but instead have run it into the ground.
Hello sir.... Namaste!! I am A student prepping Some state exam but long term goal is civil service... But I hv particular problems related to economy And Finance topics 😊😊 I hv learnt how Inter bank international Borrowing Function By your nirav modi video.... I m currently having issues in understanding 1. The Ultimate NBFC crisis, 2. Bank murgers why and what impact do they bring ? All about bank murgers. For now only two topics I m having problem with I hope u would do when u r free Gurudev 😊😊🙏❤️
IL&FS was not Satyam. It was nudged by Govt to rescue Satyam during Satyam to save the IT image of India which was the main forex earner. So the debt in Satyam and Matyas group was transferred to IL&FS
Thanks for your effort and sharing your knowledge with us. Its really great favor you are doing to the society especially for retail traders and new comers in the stock market or those who want to understand fundamentals of specific companies. Keep it up!
Thanks for sharing this informative video. Some of questions still remain and some new ones rose. Is ILSF having a liquidity issue, cash flow issue or solvency issue? Is debt to equity ratio of 18 really bad for such institutions? China construction bank seem to have a larger D2E ratio. Some of the US PSEs have much larger ratios. Why didn't they raise fresh capital in time? What is the effect on other Indian companies when they try to borrow from international debt market? And thanks
Don't you think the government is responsible for the full IL&FS fiasco, if projects are delayed, obviously cost will rise due to standby, mob & demob, and the but obvious escalation cost, which the government will not pay as variation orders, same if payment is delayed again there will be no variation being paid by government, even though the banks will not hesitate to take interest, eventually the people have to pay either directly or indirectly. The only question will people want to still take up government contracts, if you are not going to get money on time. Is this how government promote entrepreneur and Industries.
Dear Mr Sarda, one quick question-Why indiabulls, dhfl, l&t finance, Bajaj Finance got impacted by this crises when they deal basically In housing finance? Why they stopped disbursements of sanctioned loans?
FYI the company once had 50 plus ias officers both rtd and resigned ones in various ladders of management Few of them from tn cadre who were instrumental in looting the govts exchequer through their spv new Tiruppur area development corporation and contracts with tn power generation company... A clear sign of crony capitalism
Lecture saying it's is more about scam.. But it's actually didn't haved any backup by government in LARR, on forcasting, etc... It's not scam.. No body looted or gained any money..
YOU must explain what is future of IL&FS TRANSPORTATION, IL&FS Engineering & IVC share price in future, otherwise what is use of your knowledge on IL&FS ?
Dear Mr Sarda do you think that AUDITORS of the company must be booked under criminal conspiracy because after all they did not perform the duty for which they were hired? We as a general public must have some options to directly charge them.
This is a very lop sided presentation , 91 thousand crores , where did it go , pretty sure more than half should b in receivables , a lot of them in assets , how can such a huge amount disappear in thin air , to this day no major arrest .
Public Ko kya pata ki unka paisa kaha lagaya ja Raha hai even p.m. ,c.m. any mp, MLA has no discriminatory power to use public money it can be used only & only for building up needed public infrastructure and not for any particular caste and in a very tranperant, safe , and super strictly in compliance with law at e very stage in compliance with RBI, cag , with very strict punishment norms . I think that is ONLY called ADMINISTRATION.
All these expert informations are available only after the mess has happend and the money is gone. The authorities will control this issue but next time what happens will be totally different. So all such information is totally useless.
Big question???
What the hell auditors, independent directors, analysts, rating agencies and SEBI were doing???
I am an government employee and was checking NPS detailed portfolio and shocked that there are more than 750 cr is already defaulted by IL&FS.
Thanks for the beautiful presentation.
Sir, I agree we need to do something about such situations however with the current dynamic alterations in the economy I think it is hard to focus on such companies until such whistleblowers do their job.
I think all are involved in this scam and without thier involvence a company cannot do such scam
Sab chor hai!
Dear Mr Sarda. It's very gratifying to see young CAs like you doing such a good analysis and also sharing the same on public media. I'm a 1977 CA and currently a NRI. I'm curious to see the forensic audit report of RBI you referred to in your presentation. Is that report available in public domain ? If yes, kindly share.
1977 CA omg!!😎😎😎💐💐💐
Going home early to beat water-logging or watch Cricket.
I learnt and enjoyed thoroughly your session. Thank you for putting such premium level content for free.
In dept analysis of the scam. There are various other videos but the understanding u have is the best. Pls continue making videos
The biggest problem is DELAY an Indian mentality issue. Dont blame auditors and regulators because everytime they asked questions the management could always claim a VALID reason that is DELAY. People who dont know the worlings blame blidnly. We need to change our DELAY mentality
Prashant Sir, Hats off to you. You are doing great and I am really happy to see your videos. You are a visionary leader. Once upon a Time, I was thinking that somebody is there who will highlight this. You are a chosen one. I just saw your LinkedIn profile , all India Rank 11. Sir for me you are no.1. आपने दिल जीत लिया! आपकी टीम और आपको तहे दिल से शुक्रिया!
Thanks sukhendra for appreciating..keep watching & do share !!
@@caprashantsarda
..
Thankyou for this in depth analysis report. Although it comes at a time when the Indian Economy is very gloomy, this report is a good wake up call for the citizens of this country. Can you possibly conduct a similar report on the ill health of the tea industry. Despite its 160 plus years of history, it has become obvious that the members within this vast fraternity - tea makers, middle men, value add packagers/retailers & GOI, have not mastered the art of running this tea business well, but instead have run it into the ground.
This is one of the best Videos on the topic !
Well explained sir
This was your first video that I saw
Thanks for making us aware of such cases
Hello sir.... Namaste!!
I am A student prepping Some state exam but long term goal is civil service... But I hv particular problems related to economy And Finance topics 😊😊
I hv learnt how Inter bank international Borrowing Function By your nirav modi video.... I m currently having issues in understanding
1. The Ultimate NBFC crisis,
2. Bank murgers why and what impact do they bring ? All about bank murgers.
For now only two topics I m having problem with I hope u would do when u r free Gurudev 😊😊🙏❤️
Thanks for detail report. Pls.make.more.to.educate us. Good job.
Sir amazing.
Thanks for helping us to conceptually understand ilfs crises.
A very thorough analysis. Thank you Prashant.
Great sir.... I will explain in my class friends..... Real u r great... I am your subscribed
Good analysis sir, now the case is crystal clear to us. Continue making such videos on scam.
I seriously thought I would get bored but you are incredible sir
Glad you liked it !!
IL&FS was not Satyam. It was nudged by Govt to rescue Satyam during Satyam to save the IT image of India which was the main forex earner. So the debt in Satyam and Matyas group was transferred to IL&FS
Is that the reason for accumulated debts. pls.
Good Presentation n thank you sir
Thank u.sir.youverynise.edutacion.for.finniancial.inclution
Thanks sir
Your way of Explaining things is Very good
Please Upload more and more Case studies
Absolutely correct Mr Prasant Sarda
sir this is absolutely fantastic ,me from south india i can easily make out your simple hindi and the essence of the tal.
Saw many other videos but this ppt has more content , n beautifully presented. Great work
Thanks for your effort and sharing your knowledge with us. Its really great favor you are doing to the society especially for retail traders and new comers in the stock market or those who want to understand fundamentals of specific companies. Keep it up!
good job sir, pls continue to upload case study
Very well.presented. thanks to you and your team!
I love ur way of explanation sir
And i need this ppt how can i get
Thanks for sharing this informative video.
Some of questions still remain and some new ones rose.
Is ILSF having a liquidity issue, cash flow issue or solvency issue?
Is debt to equity ratio of 18 really bad for such institutions?
China construction bank seem to have a larger D2E ratio.
Some of the US PSEs have much larger ratios.
Why didn't they raise fresh capital in time?
What is the effect on other Indian companies when they try to borrow from international debt market?
And thanks
Thank you. Please continue such case studies.
you are superb in presenting all unknown facts great sir !!!!
Sir, Mutual Funds have exited all positions of investment in IL&FS as of 23 July 2019.
thanks Suchita Dalal u exploser IL&FS schame
Mr. Sarda kyon RBI ke full intervention ki need nahi jab psb's money Laga hai IL& FS me answer please
Your way of explaining 💯🙌🏻
I’m also IL&FS employee
Joining hui to apun bhot khush tha
Ek saal baad pata chala k kismat h futi hai😣
Thanks for such good presentation
Make more videos on current situation of IL&FS
I'm currently working in IL&FS securities 🙏❤️
Fraudyy
sir if u can possible plz make video on DSK builder we want know how there decisions went wrong
Sir, you could have included impact on the credibility of credit rating agencies also. But the overall presentation was good and detail-oriented.
Good talk about IL&FS issue worth watching.
Don't you think the government is responsible for the full IL&FS fiasco, if projects are delayed, obviously cost will rise due to standby, mob & demob, and the but obvious escalation cost, which the government will not pay as variation orders, same if payment is delayed again there will be no variation being paid by government, even though the banks will not hesitate to take interest, eventually the people have to pay either directly or indirectly. The only question will people want to still take up government contracts, if you are not going to get money on time. Is this how government promote entrepreneur and Industries.
Sir it's a core investment company so it can only invest in shares ...
How can they indulge in road construction etc ...
Sir please explain
you r doing great job, keep it up
Dear Mr Sarda, one quick question-Why indiabulls, dhfl, l&t finance, Bajaj Finance got impacted by this crises when they deal basically In housing finance? Why they stopped disbursements of sanctioned loans?
FYI the company once had 50 plus ias officers both rtd and resigned ones in various ladders of management
Few of them from tn cadre who were instrumental in looting the govts exchequer through their spv new Tiruppur area development corporation and contracts with tn power generation company...
A clear sign of crony capitalism
What if we are holding equity shares in open market directly?
Firday lecture is best❤️
Excellent and outstanding analysis sirji I like it
Lecture saying it's is more about scam.. But it's actually didn't haved any backup by government in LARR, on forcasting, etc... It's not scam.. No body looted or gained any money..
Regilatry complain kya hota h.... Plzz
Good explanation.. if possible pls make vedio on Volkswagen case also
Very finely explained.. Thank you
Very important information, thankYou
Beautifully explained
Personal Properties of old board members should b taken over by making amendment in company law
YOU must explain what is future of IL&FS TRANSPORTATION, IL&FS Engineering & IVC share price in future, otherwise what is use of your knowledge on IL&FS ?
Correct
Is it scam or mismanagement. If it's scam then who are the beneficiaries.
Good question
Very Good Analy5
Dear Mr Sarda do you think that AUDITORS of the company must be booked under criminal conspiracy because after all they did not perform the duty for which they were hired? We as a general public must have some options to directly charge them.
After Nirav Modi case, ILFS was failed to rotate their loans. It was the main reason of ILFS debacle
nice presentation sir
I did not understand the main reason for their failure, can you explain the same?
They could not recover the money invested in government projects . As a result they couldn't finance new projects and also not repay their own loans.
Thanks for enlightening on IL & FS.
Prashant what's Ur advise regarding mutual funds....
Sir , please tell the difference between il and fs and banking system
Nice presentation
What about the small investors who had purchased their debt papers (bonds), debt mutual funds and debt investment of NPS???
Good one.
You need to use Visual Map on the links for easy visibility.
This is not a scam, its an inefficient and improper management. It shows the inefficiency of credit rating system in India..
Very nice...sir pls tell me how to connect with you
Sir DHFL bhi kar diye hai bharke default isly usko girna tha hi kati logo ko pahle idea lag gya tha
Sir , plzzz upload another videos it's really good
Nice sir
SUSHIL SINGH glad you liked it, do share and subscribe !!
Ex-Satyam crooks - That says it all !!!
very well said. thanks
is this shadow bank = NBFC?
This is a very lop sided presentation , 91 thousand crores , where did it go , pretty sure more than half should b in receivables , a lot of them in assets , how can such a huge amount disappear in thin air , to this day no major arrest .
Arrest HDfc,.lic, SBI, Abu Dhabi managements 😂. Impossible
Primary data source of this info?
Prashant sarda you rock baby...🤩
Need case study on sahara scam and satyam scam.plz sir.
Request from ACA to another CA
Will surely consider
Wonderfully explained 👍.
Thank you Sir
Excellent !
awesome explanation!!
Nice work sir...
When will auditors go to jail along with credit rating agencies????
non banking finance bank hai ya nhi jo rbi ke under aata ke nahi
Atlast I had to subscribe ur channel sid
Who was in board
Ilfs m major stake govt ka h....and wo paise kiska h.....public ka indirectly....
good
U forgot to take role of Auditors in your video .
Give interest 12 percent get opannig enter money 91 thousand crore opannig balance get your country and company own sir
What about Deloitte?
Best one
Sir pls provide english subtitles
nice explanation, may i get your slides
Sir i want this ppt
Public Ko kya pata ki unka paisa kaha lagaya ja Raha hai even p.m. ,c.m. any mp, MLA has no discriminatory power to use public money it can be used only & only for building up needed public infrastructure and not for any particular caste and in a very tranperant, safe , and super strictly in compliance with law at e very stage in compliance with RBI, cag , with very strict punishment norms . I think that is ONLY called ADMINISTRATION.
All these expert informations are available only after the mess has happend and the money is gone. The authorities will control this issue but next time what happens will be totally different. So all such information is totally useless.
Still waiting to understand who is the big fish behind this scam??