Raghuram Rajan On Bad Loans & NPA Mess | Full Speech
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- เผยแพร่เมื่อ 9 ก.ค. 2024
- The RBI Governor said that the slump in credit growth is due to the NPA mess in Public Sector Banks and not due to high interest rates. Defending the RBI's move to order a comprehensive audit of banks' balance sheets, Rajan urged PSBs to get their act together and clean-up their mounting piles of bad debt and improve their balance sheets. Listen in.
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Very insightful and clear explanation.
Best Governor RBI ever had
clear explanations.. thanks a lot
He is an NRI, USA citizen?! How Chidambaram selected him for Governor if RBI , such a decision making & financial security involved position?! How soniya accepted?! This is democracy or Monarch of Soniya?! Ex. IAF
Can't take the chance on PSU banks again, the story is repeated every 5-6 yrs of going back again to GOI for recapitalization. End the game of socializing losses and privatizing profits. Stop the scheme of making wealth with other peoples (depositors) money i.e limit large corporations access for loans from banks.
India can be the best prime minister RAGHURAM RAJAN
best governor RBI everhead
Where are the slides??
WITHOUT EFFECTIVE RECOVERY FROM THE DEFAULTERS HOW THE BALANCE SHHETS OF BANKS CAN BE CLEANED UP ?
Money is debt and debt is money, unless banks give funding to companies NPA will rise and rise more.
Central banks duties includes employment and growth.
Rbi failed on employment and growth and rbi is forcing the banks for harsh recovery, banks are responsible for NPA especially RBI.
More people support banks recovery, more and more unemployment you will face.
Delhi du Cantt
Sir why can't regulator maintain a system that warns banks on giving high ticket Loans. Don't say that it is part of regulator .. If you see it is issue to the economy then make these part of regulator job.. Don't just the follow the guideline what were written..
Change the systems where ever it is needed to clean these mess..
Public sector banks not given loan in public .public sector bonks given loan in private banks and harres public and only given in politicians and relatives
File red tape.. since..as much as you can fathom..or more
You are wrong my money in hdfc bank in mutual fund but not release to me
चांद barracks & Saraswati an in home and office secretary boss equity
३९ for ४४
Wrong your speech