HDFC is basically a retail lending bank. It has only a miniscule portfolio of commercial lending. They are basically risk averse or they don't have knowledge of lending to commercial activities
1 small mistake I want to point out, if a charterer hires a vessel from a shipping company, charterer pays for the fuel (Bunker) and decides the route. Ship owner doesn't not pay for it. It's under charter party agreement.
2nd, container ships cost must more than what you said (50-100crores). Only the engine on my ship cost over 200 crore. Ships price for a size 300-400m varies between 200-300 million dollars.
Good one. Noticed one mistake. At 6.53 you mentioned that ABG had capacity to build ships up to 20 Tons in weight. That is hugely understated. A full shipping container of 20 foot weighs over 20 Tons. ABG probably was capable of building ships over 20,000 Tons in weight
A container measures either 8ft by 8ft by 20 feet or 8ft by 8ft by 40 feet. The weight of the container depends on the cargo is stuffed inside. Secondly , a ship has a light weight and a deadweight. Deadweight is the amount of cargo that can be carried. Lightweight is the Deadweight -fuel-water-lubes etc. Basically, just the weight of the steel. So, in this case a ship cab have a light weight of 20mt but a Deadweight of 20000 mt.
@@Omnamahshivay8079 - dear Satyakam. You are right about container/s. But your idea about the relationship between ships lightweight and deadweight/carrying capacity, is grossly out of line. You surely are not a mariner
Anyone can understand any CASE you explain and the "Cherry on the Cake" is that, you even explain how industry works ❣️ Any person from any field can understand it very well. Thank you.
Bro. Really amazing and well documented. Even a common man can understand this document in simple words and multiple illustrations. Keep it up and Best Wishes to give much more interesting and sensational subjects like this
Wow, Think school never disappoints Ganesh bhaiya can you please make a video on Astral Ltd since 2007 it has given mind blowing return of 34000% they were so consistent and just want to know about the company's past, strategies and future plans Thanks Think school for great content ❣️
A similar video on how Fraudster Anil Ambani could escape Prison and also not pay will be more interesting. May be NCLT provisions comes into rescue Also, why no Vodafone Idea type restructuring had not happened Does India have separate way of working for those who are Politically close ?
Great job son! You are brilliant! Making videos so interesting and factual that even a layman could see what's happening. The amounts that involve jn su h huge scams however is beyond a layman to figure or understand😀 I recommended your videos to my students to watch abd understand. Keep up the good work
Amazing video ,audio and everything. And, I have been following you for so long now and never stop myself from sharing these amazing videos. Thankyou very much ThinkSchool....learnt a lot from you❤️
Great Video!! could you also explain this? What happens after scams like these? What do banks do to recover their money? Could it be recovered? How will it affect a common citizen?
What happens after scams like these? A) It becomes headlines in news for sometime, a case in court which will take forever to come to judgement, A lot of investigation and paper work and then the scam becomes a case study and history ....until it repeats sometime in future. What do banks do to recover their money? A) No they will not, they will write it off as loss over a period of time from future profits. The future profits will be made from retails customets like salaried employees. Could it be recovered? A) only if the scammer is a fool, usually if the assets are within india, they will be seized. if they are overseas very rare chances. How will it affect a common citizen? A) Common citzens pay for it by supporting banks to make more profits and getting cashback on credit cards.
Basic mistake is Banks do not lend based on past or present financials for Business loans unlike retail lending. Banks lend money to corporates based on future projections. Dont say that Bankers have not done due diligence as if you have read the entire appraisal notes of each and evey Banks that have financed ABG. ABG Shipyard would have got some new orders for which Banks would have funded. And these sort of big ticket loans are approved not by a single person but by the Committee containing the Board, MD, EDs and GMs of the respective Banks. The projected financials would have been viable. Banks also take external professional assistance from firms to conduct TEV study. And lending doesnt work like how u analysed current assets and current liablties. There are lot more than that before taking a credit decision. The company has fooled the Bankers and had taken the money.
“The company had fooled the bankers”!!! How educated and competent are these bankers then if they are so easily fooled?? One would have thought they would have tightened up their due diligence processes given the history of past scams in India!! Don’t they learn???
First of all, I would commend the brains behind the ABG Scam, but more on that at the end of the comment... Right now, this video has been informative and helpful as always...if there's ever an IPO of ThinkSchool, no need to ask me, just count me in... Lots of Love n Respect to the TS team❤️ Also, in business, there's no black and white, only different shades of grey..
IPO for an educational venture that revolutionizes the system of learning in India, and I don't mean companies that provide the "2-teacher advantage". ThinkSchool has the capability to reach out to wider audiences (although even we are partly responsible for it), and it has always maintained and even upscaled the quality of their videos consistently... Looking at these figures + the sentiment value, I think TS would be a smart investment if ever it reaches that destination 😉
Companies need to go to capital markets to dilute equity and raise debt. TS is reasearch based company. There will be no end use of funds which can lead to another scam :p
I must say the kind of content he makes and the frequency at which he makes the them really amazes me , he 's just a 2019 btech graduate , just a year older than me , but the kind of analysis and explanation he provides , hats off sir , and all of this for free??!!! My salute and respect SIR .
Great video. I post this Appreciation for this channel's videos while beginning the video watching itself. That's the level of confidence I have on this guy's videos
Why Nirmala Seetharaman photo ??? Ur content is qualitative nd doesn't need such cheap selling tricks sir ! Plz b urself nd keep giving quality stuff !!! Ty.
Usually these videos are very detailed, with great insights. This one merely scratched the surface. The biggest question in all these bad loans is ‘how’ do these people actually get the loan in the first place - is it simple bribery to right personal? If so, then the governance processes should have been redesigned years ago - what’s stopping that? Need to focus on Business Ethics and responsibility related video - and why that fails again and again in India - from Harshat Mehta to APG.
Bravo, I also wonder while enabling process of scam the legitimate one might have heard the song " golmaal hai bhai sab golmaal hai" (aka blessed intuition)
Ig these guys have approach in the banks, let's say they have huge sum of money in xyz bank and ask for a loan, will the xyz bank deny it? If it does they get a warning of shifting that capital, from xyz to some abc bank from that person and I think they wouldn't want that, so they give out a loan against a poor collateral. This is my thought
I still wonder how ICICI bank, the one great private bank which is so growth focused, handed alone a loan of 7k crores with clearly assets amounting to half of its loan price. I think it was a "Bring your kids to work day" when this loan was passed.
@@rohitkarkera4579 ABG Shipyard Loans financed during FY 2014-15 Only increased from 26887.10 cr to 39096.80 cr and in FY 2015-16 from 39096.80 cr to 45972.29. Whose government was during 2014-15 and 2015-16? Also 45972.29-26887.10=19085.19 This difference is up to march 2016. Account was declared NPA on account of fraud on 30th June 2016. More amount was lended upto 30th June.
I liked the way you said "Don't do scams" 😂that was kinda funny actually...and people who are following your valuable content for learning purposes wouldn't do it atleast i guess..
Can you make a video on how such big loans are sanctioned from banks? For example, in Vijay mallya's case a clerk and an assistant manager of the bank were fired...how can such people authorize 900 crore loans? Shouldn't bank managers, their bosses, rbi, finance ministry everyone be involved for a bank to lend such big money?
@abhijit, its sll part of their well oiled system and hierarchy, and always only the small fry gets punished. There are numerous cases, in which the brain behind walks laughing to the bank and a scapegoat is thrown into the net. Every thing has a political sense attached and needs to be taken with a pinch of salt.
Brilliant explanation!! Kudos to all those who have engaged in recording n editing the video. May God bless u with millions n millions of subscribers!!!
Wonderful explanation in detail. The clippings were interesting to follow. Such a huge diversion was not monitored by the banks. What happened is " loot when there is fire" Expect NSE scam and who did it and how.
A similar video on how Fraudster Anil Ambani could escape Prison and also not pay will be more interesting. May be NCLT provisions comes into rescue Also, why no Vodafone Idea type restructuring had not happened Does India have separate way of working for those who are Politically close ?
Respectfully Sir, u refrained from throwing some light on currupt bankers, currupt system of our country and appalling RBI checks and systems in a place where such huge public money is being looted.
The main culprits are the statutory Auditors..why did they not notice this and report in their yearly scrunity?? These guys almost always escape with no accountability at all!!!
The main reason for bank loan failure is only the diversion of funds. But our laws instead of crippling such activities, protects them. Every ruling party has its own pockets of influence and their supporters to be protected. Hence laws are made to suit the convenience of the party in power.
Sir please make video on companies who failed because of competition or any other mistakes, so we can learn more about , what mistake should not be done. I'm just of 14 love your video which give great lessons, which open my mind. Thank you soo much. One thing I want to tell, we trust you a lot but, don't break this trust. Your lessons mean a lot to me, thanks a lot❤
That banker who said he is not surprised must be given 7 years of RI. These 21k crores will then be rebalanced via recaptilization which is essentially tax payers money.
Your videos are incredible. I just wish that you never run out of content, ideas. Please consider making video on some healthcare entrepreneurship venture.
When a foreign ship owner takes a loan from a bank to pay the installments for the ship under construction, his banker takes upon himself the tasks of monitoring the construction. He needs to be sure that the advances made by him are spent in shipbuilding and that the money is in safe hands. He sends his representative periodically to the shipyard to monitor the progress. In case of default by shipyard, the ship owner has the right to recover the money through the bank guarantees provided by shipyard for each instalment along with some interest. In this way the foreign banker ensures that the funds are safe. I am sure Indian banks also have such safeguards. But they do not appear to follow any such safe practices. Otherwise such frauds would have been prevented or revealed years ago. Clearly, our bankers need to be blamed. Government should initiate another CBI inquiry against the banks which have lost their funds. Either improve their practices or at least privatize the PSU banks. Responsibility also rests with RBI for proper governance.
A similar video on how Fraudster Anil Ambani could escape Prison and also not pay will be more interesting. May be NCLT provisions comes into rescue Also, why no Vodafone Idea type restructuring had not happened Does India have separate way of working for those who are Politically close ?
@@sivakarupanaswamy Hope you know about NCLT. Hope you know how Ambani and Patanjali have cheated Indians using NCLT Hope you are aware why our interest rates have come down in Banks Hope you are aware of Satyam, 2G, Vodafone Idea, Pipav shipping, Jet airways,.... Only when you are able to understand all these, you know about the Fraud and Corruption that is happening around Arun Jaitley created such a mess that India is affected a lot
Why you are using current FM's photo.... if I am not wrong the whole episode happened during UPA(2) regime.... hope you are not sending a wrong message..... Good research...
Very nicely explained. It would've been clearer if you'd mentioned some of the major names who engaged in the scam, i.e. the directors of ABG Shipyard. I'm sure that's public info.
How would it have been clearer with just a few names?? Lets say xyz is the name of one the director. What clarity have you obtained? (Not saying there's no room for improvement, but this comment is spineless) (isn't what you mean - who did what and how did they obtain the loan?)
I was being a senior Banker I knew many many such companies were exist in Banking industry. some escaped from public attention some finally booked. Ex. HDIL, DHFL, Githanjali group, Transtroy Group, many construction group companies etc.
Another great video. Here are some things I noticed in this one: 1:54 "Rs" is deprecated as a symbol for the rupee now. You can type the rupee sign (₹) if you set your computer to the "English (India)" locale and keyboard, and press AltGr (Right Alt) + 4. 2:50 Since "middle east" are generic words, you have to say _the_ Middle East to refer to the specific region. 3:06 _Freight_ is pronounced "fray-t", not "free-t". This is why the TH-cam transcript thought you said "freed". 4:33 _economy_ is pronounced with stress on the second syllable, not the third: e-CO-no-my, not e-co-NO-my. 5:12 _freight_ is a mass noun (like "water"), not a count noun (like "book"), so it cannot be plural. 6:57 It sounds like you're pronouncing _vessels_ as "wessels". 8:06 _Baroda_ is a transliteration (though kinda an incorrect one; it should be "Barauda") of बड़ौदा, not बरोडा, so it should be pronounced accordingly. 13:00, 13:16 Again, you mean to say "effect" and "affected", not "impact" and "impacted": nothing is crashing into anything else.
You got the audience hooked, videos are perfect and now just need to find ways to get more audience to watch and get constructive feedback and some podcasts(I don't like podcasts personally; it bores me) with business leaders, and don't stop till you built an empire like Tata's which doesn't fall even when rulers change. All is well!
![[Full] 4 ต่อ 4 Celebrity EP.920 | 3 พ.ย. 67 | one31](http://i.ytimg.com/vi/KwiW2M_kAg4/mqdefault.jpg)
The fact that we don't see HDFC BANK in the consortium list shows how well Aditya Sir lead the bank. Legend.
That's y i always go with the consistent profitable and less risky stocks
he knows his stuff welll
HDFC is basically a retail lending bank. It has only a miniscule portfolio of commercial lending. They are basically risk averse or they don't have knowledge of lending to commercial activities
@@adisheshacns1386 i think hdfc started is business with commercial banking...
That's because he is a chor himself!
Sir, can you please make a video on the 2008 financial recession ??
Yes. This question is a mystery for me.
Please explain it...
Watch " the big short "movie
@@harsha6634 can you suggest that where can I watch the movie
@@ashishbiswal9436 Amazon prime
Good suggestion
1 small mistake I want to point out, if a charterer hires a vessel from a shipping company, charterer pays for the fuel (Bunker) and decides the route. Ship owner doesn't not pay for it. It's under charter party agreement.
2nd, container ships cost must more than what you said (50-100crores). Only the engine on my ship cost over 200 crore. Ships price for a size 300-400m varies between 200-300 million dollars.
Looks like a good input bro
@@maritime_maverick where do you work bro
Rightly said
Depends on wether it is a voyage charter or time charter. Moreover ship owner & charterer can agree on any terms & condition.
Good one. Noticed one mistake. At 6.53 you mentioned that ABG had capacity to build ships up to 20 Tons in weight. That is hugely understated. A full shipping container of 20 foot weighs over 20 Tons. ABG probably was capable of building ships over 20,000 Tons in weight
agree 20 tons is nothing as one truck carry 20 tonns
Maybe he was talking about a single container and not about the total capacity.
@@PradeepSinghRajputOfficial he said vessels
A container measures either 8ft by 8ft by 20 feet or 8ft by 8ft by 40 feet. The weight of the container depends on the cargo is stuffed inside.
Secondly , a ship has a light weight and a deadweight.
Deadweight is the amount of cargo that can be carried. Lightweight is the Deadweight -fuel-water-lubes etc. Basically, just the weight of the steel.
So, in this case a ship cab have a light weight of 20mt but a Deadweight of 20000 mt.
@@Omnamahshivay8079 - dear Satyakam. You are right about container/s. But your idea about the relationship between ships lightweight and deadweight/carrying capacity, is grossly out of line. You surely are not a mariner
Anyone can understand any CASE you explain and the "Cherry on the Cake" is that, you even explain how industry works ❣️ Any person from any field can understand it very well.
Thank you.
❤️❤️
Bro. Really amazing and well documented. Even a common man can understand this document in simple words and multiple illustrations. Keep it up and Best Wishes to give much more interesting and sensational subjects like this
Wow, Think school never disappoints
Ganesh bhaiya can you please make a video on Astral Ltd since 2007 it has given mind blowing return of 34000% they were so consistent and just want to know about the company's past, strategies and future plans
Thanks Think school for great content ❣️
Hey bruh, great research 👌👌👌
A similar video on how Fraudster Anil Ambani could escape Prison and also not pay will be more interesting. May be NCLT provisions comes into rescue
Also, why no Vodafone Idea type restructuring had not happened
Does India have separate way of working for those who are Politically close ?
The amount of research these guys do is phenomenal, wishing all the best and thanks for another informative video 😇
Great job son! You are brilliant! Making videos so interesting and factual that even a layman could see what's happening. The amounts that involve jn su h huge scams however is beyond a layman to figure or understand😀 I recommended your videos to my students to watch abd understand. Keep up the good work
Such an important case, explained in simplest possible way, Kudos!
Such a Clear, Simple presentation. Wonderful.
Amazing video ,audio and everything. And, I have been following you for so long now and never stop myself from sharing these amazing videos. Thankyou very much ThinkSchool....learnt a lot from you❤️
Great Video!! could you also explain this? What happens after scams like these? What do banks do to recover their money? Could it be recovered? How will it affect a common citizen?
What happens after scams like these?
A) It becomes headlines in news for sometime, a case in court which will take forever to come to judgement,
A lot of investigation and paper work and then the scam becomes a case study and history ....until it repeats sometime in future.
What do banks do to recover their money?
A) No they will not, they will write it off as loss over a period of time from future profits.
The future profits will be made from retails customets like salaried employees.
Could it be recovered?
A) only if the scammer is a fool, usually if the assets are within india, they will be seized.
if they are overseas very rare chances.
How will it affect a common citizen?
A) Common citzens pay for it by supporting banks to make more profits and getting cashback on credit cards.
Basic mistake is Banks do not lend based on past or present financials for Business loans unlike retail lending. Banks lend money to corporates based on future projections. Dont say that Bankers have not done due diligence as if you have read the entire appraisal notes of each and evey Banks that have financed ABG. ABG Shipyard would have got some new orders for which Banks would have funded. And these sort of big ticket loans are approved not by a single person but by the Committee containing the Board, MD, EDs and GMs of the respective Banks. The projected financials would have been viable. Banks also take external professional assistance from firms to conduct TEV study. And lending doesnt work like how u analysed current assets and current liablties. There are lot more than that before taking a credit decision. The company has fooled the Bankers and had taken the money.
“The company had fooled the bankers”!!! How educated and competent are these bankers then if they are so easily fooled?? One would have thought they would have tightened up their due diligence processes given the history of past scams in India!! Don’t they learn???
Milli bhagat sabki and other considerations n recommendation.
First of all, I would commend the brains behind the ABG Scam, but more on that at the end of the comment...
Right now, this video has been informative and helpful as always...if there's ever an IPO of ThinkSchool, no need to ask me, just count me in...
Lots of Love n Respect to the TS team❤️
Also, in business, there's no black and white, only different shades of grey..
IPO ? IPO for what ? 😹😹
IPO for an educational venture that revolutionizes the system of learning in India, and I don't mean companies that provide the "2-teacher advantage". ThinkSchool has the capability to reach out to wider audiences (although even we are partly responsible for it), and it has always maintained and even upscaled the quality of their videos consistently... Looking at these figures + the sentiment value, I think TS would be a smart investment if ever it reaches that destination 😉
Companies need to go to capital markets to dilute equity and raise debt. TS is reasearch based company. There will be no end use of funds which can lead to another scam :p
You make case studies so easy to understand
Great work!
I must say the kind of content he makes and the frequency at which he makes the them really amazes me , he 's just a 2019 btech graduate , just a year older than me , but the kind of analysis and explanation he provides , hats off sir , and all of this for free??!!!
My salute and respect SIR .
Simply...Can't say Simply Big salute to think school...Hats off...:)
Most valuable advice ever. "DON'T DO SCAMS" 😂😂😂.
Btw loved it bro Ganesh explained very well great going ❤
Yes 😂
Well eventually “KARMA” will hit you back x2 times the suffer..
Moral of the story 'Don't do Scams'😅😂
Content is as always amazing 🤠 🤩
@deesh Rathi: and Hang those who do scams and support to do it
Amazing video bro, the editing also looks like it improved a lot with better animations.
Great video. I post this Appreciation for this channel's videos while beginning the video watching itself. That's the level of confidence I have on this guy's videos
Why Nirmala Seetharaman photo ??? Ur content is qualitative nd doesn't need such cheap selling tricks sir ! Plz b urself nd keep giving quality stuff !!! Ty.
Very nicely and concisely explained. All your videos are straightforward in understanding. Keep up the good work. 👍
I' m surprised how can one gather this much information! Profound video 👏👏👏
Usually these videos are very detailed, with great insights. This one merely scratched the surface. The biggest question in all these bad loans is ‘how’ do these people actually get the loan in the first place - is it simple bribery to right personal? If so, then the governance processes should have been redesigned years ago - what’s stopping that?
Need to focus on Business Ethics and responsibility related video - and why that fails again and again in India - from Harshat Mehta to APG.
@@samarthpandey683 how will people do investigative journalism if they can be killed
Bravo, I also wonder while enabling process of scam the legitimate one might have heard the song " golmaal hai bhai sab golmaal hai" (aka blessed intuition)
Ig these guys have approach in the banks, let's say they have huge sum of money in xyz bank and ask for a loan, will the xyz bank deny it? If it does they get a warning of shifting that capital, from xyz to some abc bank from that person and I think they wouldn't want that, so they give out a loan against a poor collateral. This is my thought
@@anuragrawat3795 thats quite accurate actually
Were you born yesterday on india?
Well explained, thank for this video.
Bro please make a video on 2008 recession.!
As always, Fantastic delivery Ganesh.
Very insightful. Great!
I still wonder how ICICI bank, the one great private bank which is so growth focused, handed alone a loan of 7k crores with clearly assets amounting to half of its loan price. I think it was a "Bring your kids to work day" when this loan was passed.
Commision to mamagers
When PMO calls you comply or you're fucked.
@@shobhitsonkar5 all happened in Congress rule
Now it's is just a spill over
Check SBI blance sheet
@@rohitkarkera4579 ABG Shipyard Loans financed during FY 2014-15 Only increased from 26887.10 cr to 39096.80 cr and in FY 2015-16 from 39096.80 cr to 45972.29.
Whose government was during 2014-15 and 2015-16?
Also 45972.29-26887.10=19085.19
This difference is up to march 2016. Account was declared NPA on account of fraud on 30th June 2016. More amount was lended upto 30th June.
@@shobhitsonkar5 that was the interest accumulating after 2014
The loan was given before 2014 too
I liked the way you said "Don't do scams" 😂that was kinda funny actually...and people who are following your valuable content for learning purposes wouldn't do it atleast i guess..
Amazing. Deep and Detailed case study. Far Better than others.
This is first time that I have taken advertisement for serious and took skillshare Subscription.
I really look forward to you
Can you make a video on how such big loans are sanctioned from banks? For example, in Vijay mallya's case a clerk and an assistant manager of the bank were fired...how can such people authorize 900 crore loans? Shouldn't bank managers, their bosses, rbi, finance ministry everyone be involved for a bank to lend such big money?
@abhijit, its sll part of their well oiled system and hierarchy, and always only the small fry gets punished. There are numerous cases, in which the brain behind walks laughing to the bank and a scapegoat is thrown into the net. Every thing has a political sense attached and needs to be taken with a pinch of salt.
So much better than any news channel! :)
Bawa mast content..🤘🤘 good detailed study and understanding on the subject.... Keep it up.. 👌👌
Brilliant explanation!!
Kudos to all those who have engaged in recording n editing the video.
May God bless u with millions n millions of subscribers!!!
Was someone from ICICI or other banks persecuted for their deeds? It's important to set an example.
Please make a video on how to become an observer like great entrepreneurs and not a spectator.. ♥️♥️💯💯
Wonderful explanation in detail. The clippings were interesting to follow. Such a huge diversion was not monitored by the banks. What happened is " loot when there is fire" Expect NSE scam and who did it and how.
A similar video on how Fraudster Anil Ambani could escape Prison and also not pay will be more interesting. May be NCLT provisions comes into rescue
Also, why no Vodafone Idea type restructuring had not happened
Does India have separate way of working for those who are Politically close ?
India is a great country where the fence only eats the crop.
thoroughly enjoyed the video, thank you so much for this!
Excellent analysis and thanks for spending lot of time on that and sharing it with us
Respectfully Sir, u refrained from throwing some light on currupt bankers, currupt system of our country and appalling RBI checks and systems in a place where such huge public money is being looted.
The main culprits are the statutory Auditors..why did they not notice this and report in their yearly scrunity?? These guys almost always escape with no accountability at all!!!
I'm so happy that your channel reached 1million subscribers we need more guys like you
also thank you for making these videos
Ganesh please make a video on how neutrality can keep indian economy afloat even amidst global tensions
The main reason for bank loan failure is only the diversion of funds. But our laws instead of crippling such activities, protects them. Every ruling party has its own pockets of influence and their supporters to be protected. Hence laws are made to suit the convenience of the party in power.
Thank you.. for explaining so nicely.. Well done..
Your videos are damn detailed, man! Keep up the good work!
as always too good and no one can stop watching your video midway
Sir please make video on companies who failed because of competition or any other mistakes, so we can learn more about , what mistake should not be done. I'm just of 14 love your video which give great lessons, which open my mind. Thank you soo much. One thing I want to tell, we trust you a lot but, don't break this trust. Your lessons mean a lot to me, thanks a lot❤
Loving you channel! Keep up the amazing work 👌
suggestions to Improve your video quality :
1>Background imaging
2>cool desk (big and wide)
3>Close face angle and front light
Great video bro..
Keep posting more videos like these...
That banker who said he is not surprised must be given 7 years of RI. These 21k crores will then be rebalanced via recaptilization which is essentially tax payers money.
U engage the viewers.All l the best.In these day when our attention time is less than 20 sec u keep us glued for 20 min.
Very informative and simplified content . It is very important for a overall business understanding for today’s young generation
Congratulations for 1 million ..this channel deserves to be in the top for your hardwork that you put in
very nice explanation
Thank you for such a well explained video!
Its great how you explain even the smallest things, making it easy to follow.
Your each and every video is valuable and worth our time... Grateful to you for unique and inspiring content... Thank you❤🌹🙏 😃
Amazing content! Love the presentation too.
Thank you sir for providing us with such valuable information.
You are doing some GREAT WORK!
Your videos are incredible. I just wish that you never run out of content, ideas.
Please consider making video on some healthcare entrepreneurship venture.
Why do you have our Honourable FM photo on your thumbnail? Isn't it misleading?
Jldi jldi notes bana leta hu, fir GK class bunk bhi toh krna hai. Thank you Think School.
And people say Bitcoin is a scam.
Great Video, I love your content
I am curious to know how you do your research work for the case study.
Best one is yet to come !!
You make everything so simple n charming
Good working my friend. Nice video.
Great video.. I was hoping for a more detailed video and some more facts figures but still a great video
Good presentation in a lucid manner.
commendable
Abs shipyard crisis was seen in 2014
SBI have declared in 2014 as well
super video..keep making video on such fraudsters.
why dont governments of any period is unable to catch such scammers..🤔🤔🤔🤔
Please make a video on the impact of these scams on our economy ?
When a foreign ship owner takes a loan from a bank to pay the installments for the ship under construction, his banker takes upon himself the tasks of monitoring the construction. He needs to be sure that the advances made by him are spent in shipbuilding and that the money is in safe hands. He sends his representative periodically to the shipyard to monitor the progress. In case of default by shipyard, the ship owner has the right to recover the money through the bank guarantees provided by shipyard for each instalment along with some interest. In this way the foreign banker ensures that the funds are safe.
I am sure Indian banks also have such safeguards. But they do not appear to follow any such safe practices. Otherwise such frauds would have been prevented or revealed years ago.
Clearly, our bankers need to be blamed. Government should initiate another CBI inquiry against the banks which have lost their funds. Either improve their practices or at least privatize the PSU banks.
Responsibility also rests with RBI for proper governance.
Very good suggestion, sir private banks do like this since the investors won't invest further.
Thank you
I feel our RBI Governors knew about these frauds, they revolted but someone was helping the company so they resigned back to back.
A similar video on how Fraudster Anil Ambani could escape Prison and also not pay will be more interesting. May be NCLT provisions comes into rescue
Also, why no Vodafone Idea type restructuring had not happened
Does India have separate way of working for those who are Politically close ?
@@sbselvan100 what are u saying mate...are u asking the govt to reviive agb shipyard...🙁
@@sivakarupanaswamy
Then, why follow a different procedure for Vodafone Idea ?
Why Government is into running Business
@@sbselvan100 man u are asking the most silly question without understanding anything...
@@sivakarupanaswamy
Hope you know about NCLT.
Hope you know how Ambani and Patanjali have cheated Indians using NCLT
Hope you are aware why our interest rates have come down in Banks
Hope you are aware of Satyam, 2G, Vodafone Idea, Pipav shipping, Jet airways,....
Only when you are able to understand all these, you know about the Fraud and Corruption that is happening around
Arun Jaitley created such a mess that India is affected a lot
Why you are using current FM's photo.... if I am not wrong the whole episode happened during UPA(2) regime.... hope you are not sending a wrong message..... Good research...
2014-2017
Very nicely explained. It would've been clearer if you'd mentioned some of the major names who engaged in the scam, i.e. the directors of ABG Shipyard. I'm sure that's public info.
How would it have been clearer with just a few names?? Lets say xyz is the name of one the director. What clarity have you obtained? (Not saying there's no room for improvement, but this comment is spineless) (isn't what you mean - who did what and how did they obtain the loan?)
watched this channel growing from 20k to 1 million.
Great work 👍👍
Thank you for sharing this information. It's really important for us to know about these things 🙂
Great.....Wonderful work
I was being a senior Banker I knew many many such companies were exist in Banking industry. some escaped from public attention some finally booked. Ex. HDIL, DHFL, Githanjali group, Transtroy Group, many construction group companies etc.
Ok man..
Finally subscribed.... You earned it.
In-depth and easy explanation thankyou 🙌👏
Good content bro it feels like lesson learned 🙌
Glad that this channel is growing ...🥀❣️
Congratulation on million subscribers 🎊
We heard Nirav Modi and Vijay Mallya but no name attached to abc. Why? This is the reason to write off the loan?
Ganesh Prasad ji
Can you make video on how to implement the learning in practical 😊🙏🏻
Another great video. Here are some things I noticed in this one:
1:54 "Rs" is deprecated as a symbol for the rupee now. You can type the rupee sign (₹) if you set your computer to the "English (India)" locale and keyboard, and press AltGr (Right Alt) + 4.
2:50 Since "middle east" are generic words, you have to say _the_ Middle East to refer to the specific region.
3:06 _Freight_ is pronounced "fray-t", not "free-t". This is why the TH-cam transcript thought you said "freed".
4:33 _economy_ is pronounced with stress on the second syllable, not the third: e-CO-no-my, not e-co-NO-my.
5:12 _freight_ is a mass noun (like "water"), not a count noun (like "book"), so it cannot be plural.
6:57 It sounds like you're pronouncing _vessels_ as "wessels".
8:06 _Baroda_ is a transliteration (though kinda an incorrect one; it should be "Barauda") of बड़ौदा, not बरोडा, so it should be pronounced accordingly.
13:00, 13:16 Again, you mean to say "effect" and "affected", not "impact" and "impacted": nothing is crashing into anything else.
Will keep in mind :) Thank you ❤️
Bhai please change the background music frm a typical motivational vid soundtrack to some soothing music or nothing at all, ur content is good enough
Your content are amazing😍😍😍
How do you do your research???
😊👍
Congrats for 1M+ subscribers ☺️🎉
Thanks for such a clear articulation!
I was about to do a 50k Crore scam and stopped after hearing out lesson no 2 from you 😜
😂
M so impressed by your obedience!😂
Thanks for taking my feedback and including more animation in your videos
You got the audience hooked, videos are perfect and now just need to find ways to get more audience to watch and get constructive feedback and some podcasts(I don't like podcasts personally; it bores me) with business leaders, and don't stop till you built an empire like Tata's which doesn't fall even when rulers change. All is well!
Beautifully explained!
" Don't do scams " in the end, cracked me 😂
Which is the mic in the video? The audio is absolutely fantastic
Blue yeti pro
Good detailed insights about the scam.