"The Prime Minister has always eagerly bent or changed rules to help his friends in a few large business groups." "The latest example is a clean chit to all wilful defaulters and frauds who have run away with public money. On 8 June 2023, the RBI issued instructions under a "Framework for Compromise Settlements and Technical Write-offs" that allowed banks and other financial entities to "undertake compromise settlements or technical write-offs in respect of accounts categorised as wilful defaulters or fraud without prejudice to the criminal proceeding underway against such debtors." These accounts will be permitted to take fresh loans after a 12-month "cooling period","
As always Radhika explaining it so eloquently and Raghavan asking the most apt questions catering to all our doubts.
The most simplified explanation on interest move,from the mouth of Veteran Radhika Pandey. The question asked by Shard is stimuating indeed
Dhanyavad 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Thanks for the excellent explanation. Complexity simplified.
As always technical n well explained
very informative and well explained
well explained 🙌
Fed never said 3 rate cuts this year😂😂
Interesting, but US 10 yr yields are over 5%, so this minimum Japanese interest rate hike means nothing
5 years at the rate of printing deflates your investment. BoJ at even 1% sounds more plausible.
Nice❤❤
"The Prime Minister has always eagerly bent or changed rules to help his friends in a few large business groups."
"The latest example is a clean chit to all wilful defaulters and frauds who have run away with public money. On 8 June 2023, the RBI issued instructions under a "Framework for Compromise Settlements and Technical Write-offs" that allowed banks and other financial entities to "undertake compromise settlements or technical write-offs in respect of accounts categorised as wilful defaulters or fraud without prejudice to the criminal proceeding underway against such debtors." These accounts will be permitted to take fresh loans after a 12-month "cooling period","