Thanks for taking up KYC process with RBI. This is a nightmare. My mother's account was frozen. She is 89 years old and was highly stressed. Bank was insisting on her coming to the Branch. She walks with great difficulty and cannot climb steps. AFTER lot of pleading they came home and completed the process
Isn't it amazing 100 crore microcap companies are listed but companies with market cap more than 5000 crores remain unlisted and essentially poorly regulated
Sucheta ji! How far yu are right while acknowledging his services as governor of RBI ,yu were right there are many misses as usual and not a sight for solutions. In fact many many misses only. As an ordinary citizen one can't cite or name any win. Inflation share mkt dole drums indian /dollar ratio, prices, petrol prices and given away the RBI funds surplus funds to govt at their whims and fancy state of affairs in economy (fishy figures) see the actual GDP. As far as normal banking scenario yu explained much better.
Very good analysis. The political and bureaucratic will is needed to resolve the issues of millions of account which were opened with out any thoughts by Modi Govt. Thanks.
If you have a job where you are not answerable to anyone, your irresponsible actions are unquestionable, and you good at indentifying who to suck up to, your life is made (in a conventional sense).
When RBI starts podcasts hope they invite you for Q&A. Esp on dud shares, investor-participants issue complaint logs, KYC changes to online, video KYC, continuous bankers pressure on customers to buy stuff.. etc. KYC is nonsensical as it didn't prevent so many scams. Kanuko committee we all sent emails to RBI upon your request. I was a victim of harassment multiple times.
Ma'am, on the topic of customer harassment, I had to visit the Ministry of Corporate Affairs website in order to apply to IEPF for retrieving some shares that had been transferred to IEPF and just trying to download a form from that website eats up an hour of your time. You can't even view a form casually - first create an account, then wait for OTP, then wait for email verification, fill in all your details- total wastage of time
Das contribution - paytm My pf account became inoperative which was opened in 2006. Uan concept came in 2014. So howcan u link it especially when old company got closed...
RBI SEBI are predominant glorified postmen and postwomen and paper pushers. The buck in our Banana Republic doesn't stop anywhere it has bolted into oblivion ( buck - responsibility , slang for deer )
when rbi is opening account on the basis of aadhar based authentication in public debt office, why are they not allowing the banks to receive their kyc document digitally signed ; pls raise this
@stutiveda4550 the position is structured to function independently. If the public servant is strong he can make the political servants a run they wouldn't know where to hide.
You should have explained ₹10 lakh cr write offs and his persistent opposition to crypto with good reasoning when eco friendly CBDC is available and other reasons he clearly stated.
If you would have also talked about June 2023 circular which was issued compromise and settlement with willful defaulters and fractures and enabling them take further loans from the banks the intention of Mr Das find the circular it would be highly enlightening
Thanks for taking up KYC process with RBI. This is a nightmare. My mother's account was frozen. She is 89 years old and was highly stressed. Bank was insisting on her coming to the Branch. She walks with great difficulty and cannot climb steps. AFTER lot of pleading they came home and completed the process
Thanks for speaking for us and enlightening us. You're doing great work.
You are so kind to him!
You aptly highlighted the issues regarding customer service in banking system.
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Isn't it amazing 100 crore microcap companies are listed but companies with market cap more than 5000 crores remain unlisted and essentially poorly regulated
Very relevant issue. Thanks
Sucheta ji! How far yu are right while acknowledging his services as governor of RBI ,yu were right there are many misses as usual and not a sight for solutions. In fact many many misses only. As an ordinary citizen one can't cite or name any win. Inflation share mkt dole drums indian /dollar ratio, prices, petrol prices and given away the RBI funds surplus funds to govt at their whims and fancy state of affairs in economy (fishy figures) see the actual GDP. As far as normal banking scenario yu explained much better.
What he can do when finance minister put so much pressure on rbi for funds.
Well analysed 🎉
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Very good analysis. The political and bureaucratic will is needed to resolve the issues of millions of account which were opened with out any thoughts by Modi Govt. Thanks.
In kerala no development but people of kerala worried about Palestine and bihar. Shakti kanda public friendly ias officer
Excellent analysis and delivery
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If you have a job where you are not answerable to anyone, your irresponsible actions are unquestionable, and you good at indentifying who to suck up to, your life is made (in a conventional sense).
When RBI starts podcasts hope they invite you for Q&A. Esp on dud shares, investor-participants issue complaint logs, KYC changes to online, video KYC, continuous bankers pressure on customers to buy stuff.. etc.
KYC is nonsensical as it didn't prevent so many scams.
Kanuko committee we all sent emails to RBI upon your request.
I was a victim of harassment multiple times.
Excellent
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Please put these points - with your video links - in one petition -send to the new RBI Governor.
Let us see what happens.
Did he discharge his duties independently is the question that needs an answer...
Ma'am, on the topic of customer harassment, I had to visit the Ministry of Corporate Affairs website in order to apply to IEPF for retrieving some shares that had been transferred to IEPF and just trying to download a form from that website eats up an hour of your time. You can't even view a form casually - first create an account, then wait for OTP, then wait for email verification, fill in all your details- total wastage of time
Customer complaints process unhelpful
PMC, Yes Bank saga
Thought Krishnamurthy Subramanium of IMF would be the next RBI Governor😮
If RBI is a Government Organization, are we not it's owners. My Taxes pay for it.
Das contribution - paytm
My pf account became inoperative which was opened in 2006. Uan concept came in 2014. So howcan u link it especially when old company got closed...
RBI V Kotak out of court settlement. Evidence shows Electoral bonds
Every bank branch should have a Bereavement Section .
Thank you ma'am
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Thanks Madam
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make a video on new governor. stooch of govt? history?
RBI SEBI are predominant glorified postmen and postwomen and paper pushers. The buck in our Banana Republic doesn't stop anywhere it has bolted into oblivion ( buck - responsibility , slang for deer )
Ya he himself was a mule governor.. With a history masters and a leash.
For lost home loan documents banks must take Title insurance as well.
when rbi is opening account on the basis of aadhar based authentication in public debt office, why are they not allowing the banks to receive their kyc document digitally signed ; pls raise this
Millions of accounts mostly opened in last 5 years now either inactive or have zero balances. These acts used for money laundering or scam
I agree he was better than several of his predecessor including rajan
The difference between the two is who was let function independently and who was not - it pays to be a stooge !!
@stutiveda4550 the position is structured to function independently. If the public servant is strong he can make the political servants a run they wouldn't know where to hide.
@@sanjaymandal797 😁😆😅 you make me laugh 🙏 no more on this
I bet dormant funds after expiry period will go to PM CARE FUNDS. More black hole
Why U patel resigned MadamThrow lights onit
same documents going into raddi kabadi. as if banks have too much space in their godown.
Kotak stake sale what wentwrong
Shameful treatment at the hands of collection agents
SBI and LIC loans to Adani at preferential terms
RBIGovernor what didi Kotak Mahindra Issue in Ebonds
You should have explained ₹10 lakh cr write offs and his persistent opposition to crypto with good reasoning when eco friendly CBDC is available and other reasons he clearly stated.
Adani issue throw lights
First time in life Sucheta dalal speaking truth. May be affect of old age wisdom
If you would have also talked about June 2023 circular which was issued compromise and settlement with willful defaulters and fractures and enabling them take further loans from the banks the intention of Mr Das find the circular it would be highly enlightening