Shaktikanta Das's Tough New Approach to Reserve Bank’s Supervision

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  • Опубліковано 21 лис 2024

КОМЕНТАРІ • 69

  • @njain1983
    @njain1983 6 місяців тому +14

    If MoneyLife is praising someone, that person must have done a really great job! Lucky that we got a competent governor. I remember the snide remarks, mockery from so called intellectuals about Mr. Das's education background and his suitability for the top job.

  • @RohitGupta-mk2be
    @RohitGupta-mk2be 5 місяців тому +2

    Very good and informative talk.
    RBI doing better , than being an observer.👍👍.
    Non Harvard governor doing what matters, than giving speeches.
    Though predecessors have done well , but times and circumstances have changed.
    Whip is always needed to keep the wild/ powerful, in control and well tamed.
    Excellent presentation Madam , as ALWAYS 👌👌👍

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  5 місяців тому

      You're welcome! We are glad you found the information helpful.

  • @Rajmata-d9w
    @Rajmata-d9w 6 місяців тому +8

    India will be a superpower when this channel will have 40 million subscribers from this country itself
    Wonder how this channel is yet so so unappreciated
    Anyways
    Big fan Suchetaji
    Had a telephonic conversation with you in 1995 and you had shouted at me for irresponsibly shortsold 5000 shares of Gagan Gas and called up thy landline to complain about the malpractices!!

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому +2

      Appreciate your kind words. Hope you would help in spreading the word about our channel and encourage others to subscribe as well!

  • @raghvinderjoshi4667
    @raghvinderjoshi4667 6 місяців тому +2

    It is nice that Sucheta Dalal has found that there is at least one thing that is right with the world. SEBI should take notice. No matter how tough SEBI's job is, they can work hard to reach a point that will make it worthy of praise by someone credible like Sucheta Dalal. Thankyou Moneylight.

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому +2

      “Thank you so much for the appreciation of our work. It is true that more people should benefit from the frank discussions in these videos - but we live in a world of paid influencers who have resources for promotions - so independent voices get drowned out. May we request you to help spread the word by sharing these videoblogs and subscribing? thank you”

  • @YerramRaju
    @YerramRaju 6 місяців тому +6

    Shaktikant Das has set up the College of Supervision to sharpen the skills of regulatory supervision. The taste of pudding is in the eating. The series of regulatory actions during the last one year are the best evidence of RBI's capacity building efforts.

  • @reekureeka8976
    @reekureeka8976 6 місяців тому +10

    Great content, Most underrated financial awareness channel

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому +1

      "Thank you so much for your kind words! We're thrilled to hear you're finding value in our content. We're passionate about spreading financial awareness and empowering our viewers with valuable insights. Your support means the world to us"

  • @fiddlediddle11
    @fiddlediddle11 6 місяців тому

    Excellent unbiased, thorough, and detailed analysis. Something we've come to expect from Sucheta Dalal ji. Kudos!

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому +1

      Thank you for your kind words and appreciation for the analysis . We deeply value your feedback and are delighted to hear that you found the content to be unbiased, thorough, and detailed.

  • @kingsreeraj
    @kingsreeraj 6 місяців тому +1

    Contribution of the current government and finance ministry is also great.

  • @sundarnarayanan3511
    @sundarnarayanan3511 6 місяців тому

    Great noble service to society by money life. Regarding RBI action, it is purely a self protective action to pamper conventional banking channels. If the intent is true or genuine, They should have done long back. They are not fools in not understanding repucrsions. Innocent merchants now scapegoat for RBI. Why RBI is not asking banks to do KYC physically for all digital enrollment done earlier. They wont because many many are bogus accounts. It is a mere symbolic gesture

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому +1

      Appreciate your kind words. I'm glad you found the information helpful .Please subscribe to our channel for more such content.

  • @manumathur1323
    @manumathur1323 6 місяців тому +4

    Very informative video. Please make one on the real estate frauds by the big and powerful builder and promoter mafias all over India.

  • @gauravdutta5240
    @gauravdutta5240 6 місяців тому +3

    Shakti Kant Das is the best governor ever. He should be honored with Bharat Ratna. The way he handled COVID shock is just commendable and out of the box thinking. Unlike US and other advanced economy who resorted in printed lots of money during COVID to support their economy, our RBI took an entirely different approach for which Indian economy bounced back and recovered sharply & very fast and now is one of the fastest growing economy. As on dated, US economy is fighting with high sticky inflation & debt situation and other economy including chinese economies all are still suffering for growth. Shakti Kant das made our financial system far more robust and resilient to absorb comfortably any external or internal economic shock . Its just amazing how he is delivering his job. MODI has chosen a great leader at RBI..

    • @askme9572
      @askme9572 6 місяців тому

      Population of China is decreasing every year by about 10 lakh but GDP is increasing by 5-5.5 percent .
      Population of India is increasing by 2 crore and GDP is 6 percent . Population of poor and extremely poor is increasing on daily basis . 82 crore poor people are living on 5 kg. low grade free rice given by Govt. by spending huge money of tax payors . Huge black money reached in PM care fund and Electoral Bonds to BJP . Mony is being spent to buy MLAs of opposition parties .
      By 2028 , Govt. is likely to supply 5 kg. free ration to 130 crore Indians .AndhBhagats are happy with this development ?
      Be-sharam ?

    • @gauravdutta5240
      @gauravdutta5240 6 місяців тому +1

      @@askme9572 I am not Besaram, I am happy to be Andhabagat as you said and I don't want to see congress win this election. They already sold our motherland to illigal Rohingiyas and Bangladeshis during their rules just for votebanks. And now for which our demographies are changing We would have better population control if these intruders were not growing and breeding in our land spreading like some viral colonies.. Also once chinese and Indian economies were at same level and we had seen where Chinese has gone where our so called congress led to during their 70 years rules. So yes I am an andhabhagat. Although I don't care much about BJP, but I am dead against of Congress.

    • @gauravdutta5240
      @gauravdutta5240 6 місяців тому

      @@askme9572 only way to control population is send back all these illigal intruders residing in India who is taking benefits of the tax payers money. And I guess congress will never send them in a century. They will infact encourage for more to build their votebanks..BJP has only talked so far of sending them back but no action on the ground.

    • @saikumarravula
      @saikumarravula 6 місяців тому

      @@askme9572 To be fair to the Governor of RBI, population increase is not a problem that he is responsible for or expected to handle. For what he is responsible, he seems to do a fairly decent job.

  • @sunitshanbhag9536
    @sunitshanbhag9536 6 місяців тому +3

    Mr Das And UdayKotak were always at horns with eachother

  • @anandnaa
    @anandnaa 3 місяці тому

    Shakti Kanta das was a former finance secratary,he understands how the system works in India. We don't need confused economists ,we need practical people with commonsense who can do the job

  • @girdharrathi6728
    @girdharrathi6728 6 місяців тому +7

    And they said HDFC had the Best management with Deepak Parekh at helm?

  • @naveenkumar_
    @naveenkumar_ 6 місяців тому

    Very good quality content in this channel .. keep up the good work madam … really appreciate the effort ..thanks 👍🏻

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому

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  • @vinayakkamat4832
    @vinayakkamat4832 6 місяців тому

    Thank you. Interesting & informative.

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому

      You're welcome! I'm glad you found the information helpful. Please subscribe to our channel for more such content.

  • @tusharpotdar5762
    @tusharpotdar5762 6 місяців тому +5

    Prior I used to believe that SEBI, RBI and similar regulatory bodies are very strict, don't spare any one, and can take tough action even on a largest bank like HDFC.
    But Now after I come to know and understand electoral bond matter, I think all these drama of taking toughest action is ultimately for to get donation for modi & BJP

  • @gedelasasibhushanarao3863
    @gedelasasibhushanarao3863 6 місяців тому

    Very good narrative with facts and well directed criticism

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому

      Thank you for your thoughtful feedback! I'm glad you appreciated the narrative and the factual basis of the criticism. We are grateful for your recognition of the efforts.

  • @chandra7494
    @chandra7494 Місяць тому

    What u have to say about demonetisation and role of RBI

  • @sunitshanbhag9536
    @sunitshanbhag9536 6 місяців тому +2

    Does SBI Online/digital outages services discrepancies not fall under preview of RBI.RBI Is politicaly driven

    • @saikumarravula
      @saikumarravula 6 місяців тому

      I agree with your point that HDFC online banking is far superior to SBI. But we need to understand that HDFC is run by a Private individuals who are very rich and powerful while SBI is run by government officers. It is in fact easier to take action on SBI than HDFC Bank.

  • @dr.sujannaik8774
    @dr.sujannaik8774 6 місяців тому +1

    Status of DHFL case in SC ? Any hope of early redressal? Suchetaji?

  • @jayasankars5868
    @jayasankars5868 6 місяців тому

    We need tough regulators & that helps overall sector; historically no regulator in India has adopted tough stances as Govts would intervene ;
    Only point of view is that RBI was very tough on Banks when they made banks clean up the NPa portfolio under Mr Rajan and many banks went under PCA.. that was a very tough RBI as insiders would admit ..

    • @SuchetaMoneylife
      @SuchetaMoneylife 6 місяців тому

      Was it tough to order a clean up if the full bailout money of Rs14.5 lakh crore was paid by the exchequer? By us, the taxpayers, by the people of India who were deprived of funds for other issues? It would be tough if the banks had closed down or its senior management was held accountable.

  • @ashokjava7835
    @ashokjava7835 6 місяців тому

    Even today we are facing outages with HDFC Bank.

  • @kishorenair7686
    @kishorenair7686 6 місяців тому

    Appreciate the details

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому

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  • @sureshlalwani410
    @sureshlalwani410 6 місяців тому

    Thank you ma'am

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому

      You're welcome! Please subscribe to our channel for more such content.

  • @Satyacfp
    @Satyacfp 6 місяців тому

    U r gr8 mam, a living legend

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому

      Thank you so much for your kind words! It's truly humbling to hear such praise. We are grateful for your support and encouragement.

  • @responsiblefinance9051
    @responsiblefinance9051 6 місяців тому

    SD has been best RBI governor I have seen I cannot believe a buerocrats can be so good RBI governor

  • @pradeepmahato6399
    @pradeepmahato6399 6 місяців тому +3

    1.75 lakh core after committe of Mr.Kamath ex icici granted from exigencies fund that to before covid.?

  • @ramyasri6093
    @ramyasri6093 6 місяців тому

    Madam... What About the AQI review in 2014-15 by dr. Raghuram Rajan?

  • @AmitAnandchauhan
    @AmitAnandchauhan 6 місяців тому

    superb

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому

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  • @vikramdoshi6890
    @vikramdoshi6890 6 місяців тому

    How much money to Vodafone ,converyed in to Equity
    Now Govt diluted @11 FPO

  • @vikramdoshi6890
    @vikramdoshi6890 6 місяців тому

    Why PAYTM bought no Bonds?

  • @vikramdoshi6890
    @vikramdoshi6890 6 місяців тому +1

    See Bonds Purchased by Kotak
    Stake sale

  • @narasimhasrinivas2599
    @narasimhasrinivas2599 6 місяців тому

    It looks like the teeth of regulators have to be kept really sharp to give them powers to protect the general public. Every enterprise seems to want to show corporate results by hook or by crook - that should include the PSB's and their chief honchos. How come there are no instances where PSB's have been pulled up?

  • @ajaychandak
    @ajaychandak 6 місяців тому +1

    RBI advertizes about abusement on TV regarding digital frauds. I know tens of people who are cheated, not a single one who got money back. 😡🤬

  • @JPSingh-ys7yq
    @JPSingh-ys7yq 6 місяців тому

    👍

    • @MoneylifeNewsBites
      @MoneylifeNewsBites  6 місяців тому

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  • @ritswik
    @ritswik 6 місяців тому

    Sucheta Dalal ji what's thesecret of your youthful look

  • @girdharrathi6728
    @girdharrathi6728 6 місяців тому +1

    14.5 lakh crore rupees written off by Public Sector Banks during 2014--2024!!!
    .

    • @Varun2799
      @Varun2799 6 місяців тому +1

      And what do you think caused it?

    • @nv9991
      @nv9991 6 місяців тому +2

      Disease: Irresponsible telephone loan system that was deliberately overlooked & ignored by Great economist RBI governer and great economist PM.
      Medicine: written off bad loans to ensure banking stability
      You are supposed to question the medicine given or the cause of the disease that forced medicine usage?

  • @kiranas
    @kiranas 6 місяців тому

    It's too late. India also now high debt to GDP country more than 100% and IBC specifically introduced to waive off the loans by rich businessmen. That too defaulters were top companies once and only 5500+ companies closed claiming bankruptcy. FM Nirmala sitaraman also said that those who have loans more than 5 crores claimed IBC and those common man with loans below 1 crore has been paying 100%> Only question is why PM needed to hurry to bring IBC, waive off 15 lakh crore of country's money, wipe out industries and lose more than 250 lakh crore of market value of those companies and banks who provides loans. Now banks themselves will go bankrupt and government has also anticipated it and thus probably at the end only 3 major banks will remain SBI, HDFC and ICICI. All remaining public sector banks may claim bankruptcy or merge with someone mostly SBI. Most of the loans and NPA by government banks many public listed and complete loot of public money

  • @harishkiran3663
    @harishkiran3663 6 місяців тому +1

    ശക്തികാന്ത് ദാസും നിർമ്മലാ സീതാരാമനും നമ്മളെ കാത്തു.

  • @saratchandraprayaga6930
    @saratchandraprayaga6930 6 місяців тому

    Appreciate Das regulations but the way the msg is conveyed should be done in manner that does not effect crash in stock market, it is ambushing, causing for ever waiting short sellers to plunge and murder the poor small investor. 2 cpse stocks like rec and pfc have very good fundamentals and also good governance. The recent regulation does not harm the profitability or business and makes the company safer for investor also. Was it not Das or sebi responsible to deliver msg that these are safe bets additional safety is being put so the panic is avoided. The regulation comes in without intention that these companies are like you mentioned iifl, lvb etc. concern is good but not the method of communication. Looks like he is not pleased the psu sector giving very good returns to shareholders. You will do good to allay the fear spread in the market. No use blaming guys like ex rbi gov, fin minister and pm also who did not arrest all the evils. The govt will soon also learn the rampant use of digital banking when more fishing happens, and poor guy the banker has to hear from rbi further rules.😮😮

  • @Quest3669
    @Quest3669 6 місяців тому

    What else u can expect from a history graduate... He ruined the reserve of rbi akready to the goi