Please make a video analyzing the economy of Andhra Pradesh post-bifurcation and the state's development and economic situation. Comparing the performance of the TDP and YSRCP governments would be incredibly informative for us to make informed decisions. Your insights on this topic would be greatly appreciated! Thanks!
My Dad was working in Bhusan Steel, and I myself have witnessed the entire process. None of the employee who worked at lower level lost their job. It was fantastic. Even mittal also bid for it, but eventually Tata won the bid, and saved so many jobs.
The most important part of that process was the bhusan steel plant was statergetically located, TATAs getting their hands on it have unlocked far greater value for Odisha than Bhusan ever would have.
And people say BJP did nothing to the country the thing is none really knows the activity of the govt exactly. Including myself even though I didn't blame the govt i never knew about such innovative and drastic steps taken by the govt
There are way way way more governance brilliance that was also done by congress. You would only be a fool if you think that india was running on farts for the last 65years prior. Every party had their own challenges and had their own brilliance. Just to scratch on the surface, congress had to defend its identity from crushing wars and threats from US, Pakistan and China. Had entered into major security pacts with Israel, Russia etc. Provided GREAT energy security, better than what BJP is doing now, with ties with Iran, turkey, Russia etc. Manmohan being the brilliant economic reformist in our country, where the world collapsed around us, twice, in the depressions, india thrived. Brought in nuclear power, made IITs worthy of being direct competitors with major institutions of the world, BAARC, BEL, bhel, hal etc etc etc. Every party had their own challenges. And BJP is still naive in that context. All that being said, I still believe BJP would have greater potential than congress. But if they keep peddling their religious extremism, then they directly support and unnecessary schism that would break india so badly. Something that congress brilliantly managed and slowly,but steadily made progress like a bull.
Bjp jo 10rs ke kaam ko dikhane me lakho rupya advt me kharch kar deti hai, dusro ke kaam ko bhi apna ginva deti hai, aur tumhe lagta hai ki logo tak baat nahi pahuchti😂😂😂😂. Bhai in "content creators" ke jhaanso me mat aao, genuine news jaan ni ho "the hindu" newspaper padho, yeh ek camera, ek mic leke baithe logo ke behkavo me mat aao.
I am a Chartered Accountant working in the IBC field. All I can say is people misuse IBC more than for the purpose for which it was introduced. No doubt IBC has helped but to a certain extent only. The more the company maintains distance from IBC the better it is for their future. The only people who benefit from IBC are the buyers of the companies admitting into IBC. IBC is not the same today as compared to 2016 when it was introduced. Good episode. Challenges mentioned at the end of the episode are true. Nicely covered most of the things. Many things have a negative impact also which you have positively shown in this episode. Advocates mints a lot of money out of the IBC processes other than any other person involved in the process.
But most almost whoever working class are in debit... consuming loans ..were money fastly circulating in banks...so if we working doesn't save money in emergency cases... again go for debit...
After land acquisition, IBC and GST. Judicial and agricultural reforms are the most needed and most urgent reforms the country needs. These might be the things Modi ment, when he said "big reforms in third term."
in reality India needs mindset reforms, if the govt. is elected democratically then blaming it saying it must have done some unethical is a nightmare for democracy. Secondly govt. must be praised for its good work or else due to shadowing of good things, some state party like SP, TMC or MF would be with full majority. And as you're uneducatedly saying India needs agriculture reforms, search for "Farmers and Agriculture Bill, 2022", and it was taken back due to uneducated people's support to those Cannadian Punjabi Khalisthani protesters, it was clear seeing those videos that they were holding Khalistan logo and symbols.
Mr Ranghuram Rajan from Congress party had ideas, but never asked his party leaders to solve this before 2014. Either he was not explained(educated) them properly or UPA(Sonia/Rahul) don’t understand the problem at all 🤔. Kudos to Modi government for taking these initiatives 👏👏
LEFT IS ALWAYS VERY GOOD AT POINTING THEIR FINGURES ON PROBLEM BUT THEY ARE NEVER GOOD WHEN IT COMES TO IMPLEMENTATION OF SOLUTION ON GROUND THEY WILL ALWAYS CREAT MESS may be few exception but you will always notice this
Hello Shri Ganesh Prasad. Here is one more subject for a Case Study. The Govt of Bharat recently updated payment terms for all Enterprises towards the Micro & Small businesses at the year end. This one step, if somehow is regularised for the complete financial year, will prove a game changer for M(icro) & S(mall) Enterprises' cash flow issues and indirectly any residual bank NPAs.
Being a CS professional student this video is just peanuts and i feel so happy that its like a revision for me.BTW insolvency and bankruptcy code is such a revolution which has changed the whole liquidation process as well as the insolvency resolution process.One of the issues with IBC is the timeline dates, still the process doesn't complete within the specified time and creates a major backlog in the code.
Very informative! I do believe the prototype for the three problems you mentioned in the end is being built in GIFT city. The eventual change in our legal system which is log due will come in due time. But in the meantime the government will be able to build the functional model using the insolvency laws which will be modeled after international forums at GIFT city.
@@SnehaSingh-qw2id how did you come up with that calculation? 😂 Rahul Gan*u said he will give 8500₹ to be precise to each berozgaar every month... That's 102000₹ a year.. Which he also mentioned...
00:04 IBC revolutionized Indian banking, saving 3 Lakh Crores 02:07 Indian Bankruptcy Code is a revolutionary economic policy 04:15 Before IBC, Indian bankruptcy laws were complex and messy. 06:09 Lack of coordination led to financial distress 08:15 Introduction of IBC significantly improved recovery rates in Indian banking sector. 10:12 Initiation process and key roles in insolvency under IBC 12:13 The Insolvency and Bankruptcy Code changed the way Indian banking operates. 14:10 IBC enables companies to liquidate assets, pay off debts, and save stakeholders 16:09 IBC improved recovery rate and reduced insolvency resolution time in India. 17:56 IBC brought drastic improvement in legal procedures and recovery rate in Indian banking
Great analysis thro a simple to understand analogy bro! Again, one of the most important point holding back India is the lacunae in the legal system - the Judiciary with all it's pitfalls. Reforming the Judiciary and the Police is the most important task if India needs to up it's game in the World order.
As you said, IBC is the one of the best regulations India made. This video will be one of the top 10 Think School's explanations. The example which you took to explain the whole case is outstanding.
In the beginning I thought its gonna be super complex video as lots of elements are involved. But you made the concept so simple like cakewalk! Thanks to you and entire team for efforts. Keep growing 🎉
@MVPriyank Hey! Priyank! 👋🏼 I re-checked you name to confirm, if that's really you! 👍🏼 You may not remember my name! I attended your Chakra Healing Masterclass, held on 23rd April 2023. I am from M.P. Wow! What a Surprise, to stumble upon you in this vast ocean of UA-cam comments. 👏🏼 😀 I am taking this as some message from the Universe! 🙏🏻
@@MVPriyank I want to ask you whether you give personal therapies, like scanning the aura and telling the current status of Chakras, and balancing them? If need be?
Videos like these make people aware of the greatness of the minds of the people in India, striving towards the progress of the nation. We need more and more informative videos like these to keep ourselves dived into the nation and the world economy.
No bro. Comgress is nothing but a britishAnerican servant who wants to extract money from India in every possible way. To make that happen , Indian laws should be very weak and porous so that it can be easily manipulated.
Great video Think school. It was hard for me to understand this concept even though I watched other videos. You've reduced it into small bites that everyone can understand with ease. Appreciate your work ❤🙏🏻
yeah right before the general elections he is galvanising the current govt with case studies with resurgent frequency of videos..he has himself to blame
Wow, odoo is now sponsoring them... I did watch the convo between odoo's founder and sharan a few days back and man i was amazed by that man's idealogy❤ Keep it up Thinkschool, u're just doin' great things!!!!
And we had all these flaws from last 60 years when India was ruled by Congress which had PM's who were economists like Manmohan singh etc. but a chai Wala had to come and fix it all.... Still free Indians call our beloved great pm Shri Narendra Damodardas Modiji uneducated and monarch😢.
Banks on average has taken haircuts more than 60% with few cases at >90%-85%. You could have made a complete video with covering challenges or loopholes. Recovery rates are poor through IBC. Please check.
Was waiting for this.. thanks 👍🙏 I think the judiciary process to speed up the time, they should hire consultants like CA, ACS, Financial Analyst, who would undergo basic legal services/process exams. They can act as an intermediator. We need such consultants in healthcare/ financial/ IT/ other SME industry into our judiciary system.
Please do a video on Andhra Pradesh. It's a beautiful state with a rich history, but there are concerns about development. Maybe you could explore both sides?
IBC is such a revolutionary code, as a student of IBC i know the level of intensity in the code and it's provisions IBC is a full package and improving day by day.
Bro, do case studies on Indian cities(start with metropolitan cities first, then major cities and states ) on their living standards by rating housing standards, roads, drinking water, sewage, public parks, education and health sectors. Currently Bangalore is facing severe drinking water crisis, educating voters and put pressure on political parties on these basic needs very important during this election year.
Hi I am a Business Owner and I settled the debt with the Bank last week, it took approx 3 years. But finally its settled. Let me know if you are interested to understand how does the OTS (One Time Settlement) and Bank + Legal Framework working.
Thank you so much sir, for such an amazing session. Understood Concept of IBC clearly. Your content is really worthy. Thank you for making such efforts sir.
In the budget 21-22, FM announced the formation of Bad Bank which would buy stressed assets of banks and ultimately the balance sheet of banks would be cleaned up. The Bad Bank would then try to recover the dues and pay 15% upfront to banks and 85% in receipts. This was thought to be a game changer but the data till date is showing a different picture in terms of transfer of assets and recovery. It would be great if you make a video on this topic. Thanks, learning a lot from your videos.
Good explanation! 👌🏼 But! - I was an FD holder (creditor) in DHFL and lost the major chunk of my money, when it went to IBC. 😒 The deposits were guaranteed by the RBI and the RBI instead of fulfilling the guarantee, simply forwarded the case to IBC. And many FD holders had to suffer losses. 👎🏼 And another example is SREI Infra, where as well my money is stuck and I am yet get updated on this issue! 🙇🏻♂️
Frankly You are not ordinary.. You are sharing golden contents which only IIM has for their Kids.. now you dont have to crack CAT to go for such informations..
It's failing - banks are still not allowed to keep shares of the company if the company defaults on the loan bro - standard anywhere in the world. Let's say you take out a 1000 crore loan but repay only 600 crore but bribe 100 crore still you can fraud 300 crore. IBC reduced the fraud from 1000 crore to 300 crore but banks must be allowed to keep 400 crore worth of shares instead of loan bailout by government sir
Marvelous job Veeré! Simplification at its best! Judiciary is useless to the neck. Their inefficiency is -98%. RBI is in good hands. They must have their own judiciary branch for these cases. Legal systems lack the expertise in almost every area. If you know the aviation regulations systems in USA, it’s more a less BOEING’s or relevant companies people. Even though, they are corrupt themselves, at least not at crazy as our legal system.
Please bring 'CJI DY Chandrachud' in your podcast as legal system is extreamly important for business and management. If possible please bring him on your podcast
Being a lawyer I liked the last sentence. "The big legal bottleneck" 😂😅. The process is not as simple as you say but yes, it is better than the pre-2016 era.
i have to say amazing example man like really amazing i understood the meaning underneath it before you could even finish i have to say kudos to you and your team for coming up with such an example for such complex issue .
Nice explanation about the IBC process vch many common person on street like me might not b aware of. & as always very informative video. Keep up the good work bro & thanks for coming up with such brilliant videos 🙏👍
What about Depositors? When Bank goes on loss due to big man not repaying his Loan, how the CA, SB, RD and FD depositors money will be protected and how their hard earned money deposited with such bank can recover their deposit amount? Kindly reply.
but how many people in india make enough money to keep it in a bank??? half the country lives on a dollar a day...first they need to be brought up if we want to grow
Great video, good explanation. I would like to share some facts regarding this topic. During the peak crisis (2018) in the Indian Banking sector, PNB was having GNPAs of 18% (meaning: for every ₹100 loan they were giving, ₹18 was default). And this was bad....very bad for the bank. But cut to 2023, the GNPAs have come down to less than 2%, thereby increasing the profitability of the bank. And this is not the case with just PNB, all other PSU banks like Canara, Bank of Baroda, etc., increased their profitability, reduced their GNPA levels, increased CASA ratio, etc. So Arun Jaitley ji & now Nirmala ji have literally saved the Indian Banking sector, especially the PSU banks, which lead to investor confidence, increased FDIs & growth of Indian economy
As a law student there is no better video to understand IBC, if you would have included some sections and case laws, the whole law student community would've jumped on this video one day before their exams.
Check Odoo: www.odoo.com/r/3WU www.odoo.com/r/3WU
MAKE A VIDEO ON LADAKH
Please make a video on Andhra Pradesh Elections bro , we are asking from 3 to 4 videos pls do consider bro ,it helps us alot
Sir videos in Hindi to easy to understand
Please make a video about Ladakh
Now u guys are biased now
U guys don't know ground reality now u r political biased channel
Please make a video analyzing the economy of Andhra Pradesh post-bifurcation and the state's development and economic situation. Comparing the performance of the TDP and YSRCP governments would be incredibly informative for us to make informed decisions. Your insights on this topic would be greatly appreciated! Thanks!
Yes ganesh bro pls make andhrapradesh video
yes, please compare it with other states also.
After the lok Sabha election. Now vote for Modi.
Definitely consider doing it and also any solutions to the flaws to have a better economic development
@@vinodkbg kya karega modi akey? Hindu-Muslim division?
My Dad was working in Bhusan Steel, and I myself have witnessed the entire process. None of the employee who worked at lower level lost their job. It was fantastic. Even mittal also bid for it, but eventually Tata won the bid, and saved so many jobs.
The most important part of that process was the bhusan steel plant was statergetically located, TATAs getting their hands on it have unlocked far greater value for Odisha than Bhusan ever would have.
Tata group are Industrialists with Ethics, morality and Honesty as the only policy.
@pvajit1109 that's not 100 percent true
Best part is they have attached my company's precedent for Bhushan Steel IBC case
And people say BJP did nothing to the country the thing is none really knows the activity of the govt exactly. Including myself even though I didn't blame the govt i never knew about such innovative and drastic steps taken by the govt
Well said Bro
Pls encourage others to vote for bjp
There are way way way more governance brilliance that was also done by congress. You would only be a fool if you think that india was running on farts for the last 65years prior. Every party had their own challenges and had their own brilliance. Just to scratch on the surface, congress had to defend its identity from crushing wars and threats from US, Pakistan and China. Had entered into major security pacts with Israel, Russia etc. Provided GREAT energy security, better than what BJP is doing now, with ties with Iran, turkey, Russia etc. Manmohan being the brilliant economic reformist in our country, where the world collapsed around us, twice, in the depressions, india thrived. Brought in nuclear power, made IITs worthy of being direct competitors with major institutions of the world, BAARC, BEL, bhel, hal etc etc etc. Every party had their own challenges. And BJP is still naive in that context.
All that being said, I still believe BJP would have greater potential than congress. But if they keep peddling their religious extremism, then they directly support and unnecessary schism that would break india so badly. Something that congress brilliantly managed and slowly,but steadily made progress like a bull.
Bjp jo 10rs ke kaam ko dikhane me lakho rupya advt me kharch kar deti hai, dusro ke kaam ko bhi apna ginva deti hai, aur tumhe lagta hai ki logo tak baat nahi pahuchti😂😂😂😂. Bhai in "content creators" ke jhaanso me mat aao, genuine news jaan ni ho "the hindu" newspaper padho, yeh ek camera, ek mic leke baithe logo ke behkavo me mat aao.
That's why yes Banks fail under the mudi govt
I am a Chartered Accountant working in the IBC field. All I can say is people misuse IBC more than for the purpose for which it was introduced. No doubt IBC has helped but to a certain extent only. The more the company maintains distance from IBC the better it is for their future. The only people who benefit from IBC are the buyers of the companies admitting into IBC. IBC is not the same today as compared to 2016 when it was introduced.
Good episode. Challenges mentioned at the end of the episode are true. Nicely covered most of the things. Many things have a negative impact also which you have positively shown in this episode. Advocates mints a lot of money out of the IBC processes other than any other person involved in the process.
All the point you said are correct.
No policy is always good my friend, it has to modified constantly so that the tax payers money is saved.
Yes legal system is rotten
Need drastic overhaul of judiciary and bar
hmm so do we need to reform the legal system for this thing then?
Ek aur jhumla
Really need more cases on Indian Judiciary.
Thanks for speaking on this topic. As a banker, it was hard for me to explain its importance to others
But most almost whoever working class are in debit... consuming loans ..were money fastly circulating in banks...so if we working doesn't save money in emergency cases... again go for debit...
Was awaiting for this episode from long since. Understood IBC in basic layman terms 👌👍🙏
After land acquisition, IBC and GST.
Judicial and agricultural reforms are the most needed and most urgent reforms the country needs.
These might be the things Modi ment, when he said "big reforms in third term."
in reality India needs mindset reforms, if the govt. is elected democratically then blaming it saying it must have done some unethical is a nightmare for democracy. Secondly govt. must be praised for its good work or else due to shadowing of good things, some state party like SP, TMC or MF would be with full majority. And as you're uneducatedly saying India needs agriculture reforms, search for "Farmers and Agriculture Bill, 2022", and it was taken back due to uneducated people's support to those Cannadian Punjabi Khalisthani protesters, it was clear seeing those videos that they were holding Khalistan logo and symbols.
As a legal professional working in IBC matters,i would say your analysis is spot on
Mr Ranghuram Rajan from Congress party had ideas, but never asked his party leaders to solve this before 2014. Either he was not explained(educated) them properly or UPA(Sonia/Rahul) don’t understand the problem at all 🤔. Kudos to Modi government for taking these initiatives 👏👏
They had plenty ideas with zero willingness to implement.
Raghuram rajan is a very brilliant economist, though he's blinded by his sycophancy towards the Gandhi Raj parivar.
Raghuram Rajan isn't from political party he don't belongs to INC
He is an economist and an iitian
@@nilotpaldeb1551the so called great economist entered bharat jodo yatra with Rahul gandi...trying to enter politics
LEFT IS ALWAYS VERY GOOD AT POINTING THEIR FINGURES ON PROBLEM BUT THEY ARE NEVER GOOD WHEN IT COMES TO IMPLEMENTATION OF SOLUTION ON GROUND THEY WILL ALWAYS CREAT MESS
may be few exception but you will always notice this
Hello Shri Ganesh Prasad. Here is one more subject for a Case Study.
The Govt of Bharat recently updated payment terms for all Enterprises towards the Micro & Small businesses at the year end. This one step, if somehow is regularised for the complete financial year, will prove a game changer for M(icro) & S(mall) Enterprises' cash flow issues and indirectly any residual bank NPAs.
we can get video on this i want to see who is in the wrong and who is in the right and whether the government is helping or killing trying to help
This could be great video.
As a company secretary student, this explanation is truly mind boggling. Brilliant explanation. 🎉
The only channel's notification I wait for 💯✅
Being a CS professional student this video is just peanuts and i feel so happy that its like a revision for me.BTW insolvency and bankruptcy code is such a revolution which has changed the whole liquidation process as well as the insolvency resolution process.One of the issues with IBC is the timeline dates, still the process doesn't complete within the specified time and creates a major backlog in the code.
Very informative! I do believe the prototype for the three problems you mentioned in the end is being built in GIFT city. The eventual change in our legal system which is log due will come in due time. But in the meantime the government will be able to build the functional model using the insolvency laws which will be modeled after international forums at GIFT city.
Whereas congress is planning to give 50% of the population 1 lakh rupees per year.. 😂😂
Jhumla hai jaise 15 lakh tha
Ab ye mat bolna ki congressi
Cause I support BJP
But I'll not vote them
Congress lied to you. There was no promises for 15 lakhs, but if anything that we could earn and save that ourselves.
And 8k per month which is 96k so essentially 1,96,000 nothing but 2lks per year
@@SnehaSingh-qw2id how did you come up with that calculation? 😂 Rahul Gan*u said he will give 8500₹ to be precise to each berozgaar every month... That's 102000₹ a year.. Which he also mentioned...
@@arsalanrahman3259 your name is enough brother
00:04 IBC revolutionized Indian banking, saving 3 Lakh Crores
02:07 Indian Bankruptcy Code is a revolutionary economic policy
04:15 Before IBC, Indian bankruptcy laws were complex and messy.
06:09 Lack of coordination led to financial distress
08:15 Introduction of IBC significantly improved recovery rates in Indian banking sector.
10:12 Initiation process and key roles in insolvency under IBC
12:13 The Insolvency and Bankruptcy Code changed the way Indian banking operates.
14:10 IBC enables companies to liquidate assets, pay off debts, and save stakeholders
16:09 IBC improved recovery rate and reduced insolvency resolution time in India.
17:56 IBC brought drastic improvement in legal procedures and recovery rate in Indian banking
A question that was bothering me seeing all psu banks doing good
Well explained God bless
Great analysis thro a simple to understand analogy bro!
Again, one of the most important point holding back India is the lacunae in the legal system - the Judiciary with all it's pitfalls. Reforming the Judiciary and the Police is the most important task if India needs to up it's game in the World order.
As you said, IBC is the one of the best regulations India made. This video will be one of the top 10 Think School's explanations. The example which you took to explain the whole case is outstanding.
In the beginning I thought its gonna be super complex video as lots of elements are involved. But you made the concept so simple like cakewalk! Thanks to you and entire team for efforts. Keep growing 🎉
@MVPriyank Hey! Priyank! 👋🏼
I re-checked you name to confirm, if that's really you! 👍🏼
You may not remember my name!
I attended your Chakra Healing Masterclass, held on 23rd April 2023. I am from M.P.
Wow! What a Surprise, to stumble upon you in this vast ocean of UA-cam comments. 👏🏼 😀
I am taking this as some message from the Universe! 🙏🏻
@@saurabhkesharwani6143 Glad to know Saurabh :) Get back to healing and start manifesting.
Best wishes!
@@MVPriyank Thank you! 🙏🏻
Best wishes to you too! ☺️
@@MVPriyank I want to ask you whether you give personal therapies, like scanning the aura and telling the current status of Chakras, and balancing them? If need be?
This is indeed the most important case study you have made brother. Thank you!
This is one of the most comprehensive and easy to understand video on IBC. Class work man 👌
Wow on point everything 🫶🏻 even the HOUSING SOCIETY example 🔥 i have already studied in Company secretary course
Hey Ganesh, another great video. One suggestion is please use dark mode on your animations.. Thank you!
I was literally waiting for this. Love love loved it! God bless you!🖤
Totally in love with thinkschool.
What a fantastic explanation!
Videos like these make people aware of the greatness of the minds of the people in India, striving towards the progress of the nation. We need more and more informative videos like these to keep ourselves dived into the nation and the world economy.
Such nice explanation of a complex phenomenon using simple ingenious comparison Bravo think school and thank you❤
Explanation so crystal clear that a lay person like me could understand and appreciate the changes with IBC implementation 😊
Bjp is the only party with vision,while congress today has become totally castiest and want to increase reservation and make caste based laws 😢
Yes excellent new ways of bribery using electrol bonds,use Ed cbi to extort money
I would be happy if that Money went into government accounts instead of bjp account
@@dn9416proof??
@@dn9416 don't bark here talk with facts
No bro. Comgress is nothing but a britishAnerican servant who wants to extract money from India in every possible way. To make that happen , Indian laws should be very weak and porous so that it can be easily manipulated.
Woww the building example is just amazing
Superbly explained bro. Pls keep posting such informative videos. Keep it up 👍
Great video Think school.
It was hard for me to understand this concept even though I watched other videos. You've reduced it into small bites that everyone can understand with ease.
Appreciate your work ❤🙏🏻
Yes, I have seen the same in the case of IDBI BANK with NFCL, Kakinada.
Be ready to be tagged as a "ANDHBHAKT" by pappus!
We don't take it seriously about them...
They are anti nationals
Glad to see Agreement 😁 of Andhbhakt for 1st time
@@homeelectrotech7057 There are 1000s it just you have closed your eyes, BTW have you read white paper on indian economy?
He is , there is BJP investment here. Same ganesha has voiced all wrong information on Dr Manmohan singh
yeah right before the general elections he is galvanising the current govt with case studies with resurgent frequency of videos..he has himself to blame
now THIS is the type of vdo. why I subscribed to this channel.
What a simple explanation bro.. well done
Wow, odoo is now sponsoring them...
I did watch the convo between odoo's founder and sharan a few days back and man i was amazed by that man's idealogy❤
Keep it up Thinkschool, u're just doin' great things!!!!
When he says, "UPSC students", I'm like,, finally he heard me😊🎉,
Thank you @thinkschool
Wow , you had made it. Numerous time I had commented on your video. Thanks for the video and your hardwork
And we had all these flaws from last 60 years when India was ruled by Congress which had PM's who were economists like Manmohan singh etc. but a chai Wala had to come and fix it all.... Still free Indians call our beloved great pm Shri Narendra Damodardas Modiji uneducated and monarch😢.
How Simply He Explains Complex things through story
Banks on average has taken haircuts more than 60% with few cases at >90%-85%. You could have made a complete video with covering challenges or loopholes. Recovery rates are poor through IBC. Please check.
Excellent explanation. Also thanks for the last part wherein you showcased current 2024 scenario.
Seriously! How can u explain this so easily? Keep it up Ganesh
Was waiting for this.. thanks 👍🙏
I think the judiciary process to speed up the time, they should hire consultants like CA, ACS, Financial Analyst, who would undergo basic legal services/process exams. They can act as an intermediator.
We need such consultants in healthcare/ financial/ IT/ other SME industry into our judiciary system.
your editor is really good man really good animations. and of course the content is top natch too
Explained lucidly. Please continue telling all matters in future in the same way. My best wishes.
You are way worth then 3.9M subscribers, hope u reach 10M
Your example of a housing society of society was amazing... Keep up the good work
Please do a video on Andhra Pradesh. It's a beautiful state with a rich history, but there are concerns about development. Maybe you could explore both sides?
IBC is such a revolutionary code, as a student of IBC i know the level of intensity in the code and it's provisions
IBC is a full package and improving day by day.
Bro, do case studies on Indian cities(start with metropolitan cities first, then major cities and states ) on their living standards by rating housing standards, roads, drinking water, sewage, public parks, education and health sectors. Currently Bangalore is facing severe drinking water crisis, educating voters and put pressure on political parties on these basic needs very important during this election year.
its a business channel , you can't expect these things
👍👍 👍 👍 suggestion and comment!
changing the perception of individual knowledge and ideology through case studies. greatful for your videos
Being a CA Final student, and having read the IBC myself, I must say that the technicalities that you went into were amazing. Very simply explained 👍
super brilliantly explained!
I just love your brain!
Hi
I am a Business Owner and I settled the debt with the Bank last week, it took approx 3 years. But finally its settled. Let me know if you are interested to understand how does the OTS (One Time Settlement) and Bank + Legal Framework working.
Ganesh bhayya please reduce your communication master class ads on yt,
PS: as always best episode and well researched video
Thanks Ganesh bhaiya . I have studied this at several but never got this in subconscious mind . Thank you .
Wonderful & simplest explanation of IBC!!
Perhaps a Chaiwala handled the economy better than the world famous economist 😅😅 Modi hai to mumkin hai ❤
Hi Sir, Big fan, salute to your channel and videos
great intro video to understand the concept! very helpful!
Good that you showed the culprit, Raghurajan.
Thank you so much sir, for such an amazing session. Understood Concept of IBC clearly. Your content is really worthy. Thank you for making such efforts sir.
In the budget 21-22, FM announced the formation of Bad Bank which would buy stressed assets of banks and ultimately the balance sheet of banks would be cleaned up. The Bad Bank would then try to recover the dues and pay 15% upfront to banks and 85% in receipts. This was thought to be a game changer but the data till date is showing a different picture in terms of transfer of assets and recovery. It would be great if you make a video on this topic. Thanks, learning a lot from your videos.
Amazing content, Ganesh! Keep up the good work.
Good explanation! 👌🏼
But! - I was an FD holder (creditor) in DHFL and lost the major chunk of my money, when it went to IBC. 😒
The deposits were guaranteed by the RBI and the RBI instead of fulfilling the guarantee, simply forwarded the case to IBC. And many FD holders had to suffer losses. 👎🏼
And another example is SREI Infra, where as well my money is stuck and I am yet get updated on this issue! 🙇🏻♂️
Great to see you making such informative topics and rightly explained with examples and theory. Great.
Frankly You are not ordinary.. You are sharing golden contents which only IIM has for their Kids.. now you dont have to crack CAT to go for such informations..
It's failing - banks are still not allowed to keep shares of the company if the company defaults on the loan bro - standard anywhere in the world.
Let's say you take out a 1000 crore loan but repay only 600 crore but bribe 100 crore still you can fraud 300 crore.
IBC reduced the fraud from 1000 crore to 300 crore but banks must be allowed to keep 400 crore worth of shares instead of loan bailout by government sir
Seems you have made very pertinent lapse in the code. I am a layman could you please elaborate with some example. Regards
Marvelous job Veeré! Simplification at its best! Judiciary is useless to the neck. Their inefficiency is -98%. RBI is in good hands. They must have their own judiciary branch for these cases. Legal systems lack the expertise in almost every area. If you know the aviation regulations systems in USA, it’s more a less BOEING’s or relevant companies people. Even though, they are corrupt themselves, at least not at crazy as our legal system.
Judicial Reform very much needed
Please bring 'CJI DY Chandrachud' in your podcast as legal system is extreamly important for business and management. If possible please bring him on your podcast
The Harvard business school of india❤. Thanks for always such full of knowledgeable nd very informative videos this helps as a lot bhai❤.
Being a lawyer I liked the last sentence. "The big legal bottleneck" 😂😅. The process is not as simple as you say but yes, it is better than the pre-2016 era.
Thanks a lot Ganesh. You always give excllant information and educate the people.
Very well explained. Great example is used in the video.
i have to say amazing example man like really amazing i understood the meaning underneath it before you could even finish i have to say kudos to you and your team for coming up with such an example for such complex issue .
Nice explanation about the IBC process vch many common person on street like me might not b aware of. & as always very informative video. Keep up the good work bro & thanks for coming up with such brilliant videos 🙏👍
It's worth waiting and watching your Videos.
It always gives a Learning Experience
Thank You for making these videos.
Thinkfisher - The Economist of All Times
Appreciate all the research done for making this video 👏👏.Nicely explained
one of the best UA-camrs who focus on quality not quantity👍👍
Hey think school, Today i learned something new. Thank 👍
Excellent as always.. 🎉
Well researched and presented. Thank you
As a grade b aspirants,You have done a awesome job sir ,Kudos to you sir 🫡🔥
Great video. Very well explained.
What about Depositors? When Bank goes on loss due to big man not repaying his Loan, how the CA, SB, RD and FD depositors money will be protected and how their hard earned money deposited with such bank can recover their deposit amount? Kindly reply.
but how many people in india make enough money to keep it in a bank??? half the country lives on a dollar a day...first they need to be brought up if we want to grow
Thank you for explaining such a bit complex and big process way in such a simple way
Well explained 👏
Just fabulou. Please keep making
Great video, good explanation.
I would like to share some facts regarding this topic.
During the peak crisis (2018) in the Indian Banking sector, PNB was having GNPAs of 18% (meaning: for every ₹100 loan they were giving, ₹18 was default). And this was bad....very bad for the bank.
But cut to 2023, the GNPAs have come down to less than 2%, thereby increasing the profitability of the bank.
And this is not the case with just PNB, all other PSU banks like Canara, Bank of Baroda, etc., increased their profitability, reduced their GNPA levels, increased CASA ratio, etc.
So Arun Jaitley ji & now Nirmala ji have literally saved the Indian Banking sector, especially the PSU banks, which lead to investor confidence, increased FDIs & growth of Indian economy
Thank you to the brave minded people
thank u for this video, waiting from so long.
As a law student there is no better video to understand IBC, if you would have included some sections and case laws, the whole law student community would've jumped on this video one day before their exams.