Government should consider Fixed deposit intrest as capital gains but under income tax and capital gains should be charged only on withdrawal of deposits.
High rate of inflation, extreme unemployment, more work less pay, and worthless Interest rates in Banks, now what outcome you can expect from this pathetic economic environment in India....I am becoming hopeless... 😔
Savings have come down due to inflation, taxation and unemployment. Yet taxes are increasing every year. Parallel markets for many transactions is leading to decrease of money in banks
If bonds are raised, then it will lead to the same 2008 crisis. Bond money will end up as bad loans and ultimately it will end up as crisis. If you try to delay the impact will be bigger
Interesting insight. Thanks for the video. And she needs to keep quite when others are speaking. No "ok", no "yes", no "ok ok", no "Hmmm", no "hm hm". Quite please!
The way Banks treat their Saving Account Holders as dirt with full support from RBI who sides with Bank and their employees. Serves them right. Banks should be begging with Account Holders. Treatment meted out to Saving Account Holders, this is payback. Needvto educate Saving Account Holders to invest in ETF, MF, STOCKS.
Really liked these thoughtful insights. Something innovative ideas are needed for India financial system. RBI totally went to underground on innovation since 2015. Nothing good new financial innovation coming front.
Why would any normal person keep his money in banks for measly 3 or 4 % interest gain on (deposits/savings) when in stock market he can EASILY get upwards of 20 % or even more? If banks want customers to keep their hard earned money in banks(in other words want to sell their banking products) then banks should start offering 20 % interest on savings/FD OR start offering FREE shares (equity) . For e.g. If person maintains 25000 in Axis bank , then Axis bank should give FREE shares of Axis bank to this customer. Educated people have realised how the banking mafia business works. People should stop doing charity to banks. If I am not planning to take any loan from bank I see absolutely zero reason why I should keep my money in some bank and let bank earn massive profits lending that to other customers.
Still I am not able to understand. These bonds will essentially reduce banks deposit. There no logic talking deposit out from one pocket to another. For deposit growth either deposit or credit must come from as foreign capital or domestically money supply should go up
Increase FD interest rates to 8-9% and government should make fixed deposits interest income tax free till 10 lakh rupee per year. Or RBI should lend money to banks at repo rate.
RBI lends money at repo rate which is 6.5% at present. Bank's lends money to public by adding their spread rate(which is income for bank) = interest rate to public.
Also RBI reduce CRR , G Media says economy is good, Indian GDP growth is diamond, Indian ₹ will replace $ US & Chinese Yuan . India beating China and bikisit Bharat and the same time also discussion on bank liquidition
RBI should restrict loan against shares to the BOOK VALUE With minimum 20% margin. STOP giving loan to people/enterprise having history of default. Introduce SENIOR CITIZEN GURANTEED DEPOSITS UPTO 2.0 CRORES with the condition that the deposit holder can withdraw only 5 to 7% of the deposit per month,this will safeguard banks intrest incase if there is a run on bank. The fd should bear the depositors Aadhar number and of the nominee, owner for easy transaction
Very good insights. Finally someone talking sense and reality based on expertise.
FD se tax hatao.
Way out is to kick the FM out from the cabinet.
Excellently clarified by Harshvardhan.
Government should consider Fixed deposit intrest as capital gains but under income tax and capital gains should be charged only on withdrawal of deposits.
High rate of inflation, extreme unemployment, more work less pay, and worthless Interest rates in Banks, now what outcome you can expect from this pathetic economic environment in India....I am becoming hopeless... 😔
Savings have come down due to inflation, taxation and unemployment. Yet taxes are increasing every year. Parallel markets for many transactions is leading to decrease of money in banks
Tax deposit as LTCG. Fixed deposit not covering inflation why deposit and depreciate your money.
If bonds are raised, then it will lead to the same 2008 crisis. Bond money will end up as bad loans and ultimately it will end up as crisis. If you try to delay the impact will be bigger
Interesting insight. Thanks for the video. And she needs to keep quite when others are speaking. No "ok", no "yes", no "ok ok", no "Hmmm", no "hm hm". Quite please!
The way Banks treat their Saving Account Holders as dirt with full support from RBI who sides with Bank and their employees. Serves them right. Banks should be begging with Account Holders. Treatment meted out to Saving Account Holders, this is payback. Needvto educate Saving Account Holders to invest in ETF, MF, STOCKS.
Very good insights maam. Pls call him for a longer interview regarding deposits and other issues
Govt new NRI And Nro rule thousands of visitors from abroad patriated their fds as most did not want headache of meeting the rules😢
Really liked these thoughtful insights. Something innovative ideas are needed for India financial system. RBI totally went to underground on innovation since 2015. Nothing good new financial innovation coming front.
Government should give additional tax benefit on fd just like Nps under section 80ccd(1b)
Remove or reduce tax on FDs and savings interest.
lol 😂guys some one is now talking about Liquidity of banks under G-Govt
No AT 1 Bonds. Yes Bank written off AT 1 bonds resulting in Rs 9,000 crore loss to the investors.
Why would any normal person keep his money in banks for measly 3 or 4 % interest gain on (deposits/savings) when in stock market he can EASILY get upwards of 20 % or even more? If banks want customers to keep their hard earned money in banks(in other words want to sell their banking products) then banks should start offering 20 % interest on savings/FD OR start offering FREE shares (equity) . For e.g. If person maintains 25000 in Axis bank , then Axis bank should give FREE shares of Axis bank to this customer. Educated people have realised how the banking mafia business works. People should stop doing charity to banks. If I am not planning to take any loan from bank I see absolutely zero reason why I should keep my money in some bank and let bank earn massive profits lending that to other customers.
What is the impact of fii selling of 4 lakh crore in last 2 years on bank deposita? Latha could u throw aome light?
0:58 so mutual fund investments don’t affect CASA deposits of banks because the money will still be deposited in banks, huh
Still I am not able to understand. These bonds will essentially reduce banks deposit. There no logic talking deposit out from one pocket to another. For deposit growth either deposit or credit must come from as foreign capital or domestically money supply should go up
Finance minister is responsible
Increase FD interest rates to 8-9% and government should make fixed deposits interest income tax free till 10 lakh rupee per year.
Or RBI should lend money to banks at repo rate.
RBI lends money at repo rate which is 6.5% at present. Bank's lends money to public by adding their spread rate(which is income for bank) = interest rate to public.
Also RBI reduce CRR , G Media says economy is good, Indian GDP growth is diamond, Indian ₹ will replace $ US & Chinese Yuan . India beating China and bikisit Bharat and the same time also discussion on bank liquidition
Remove cash deposit limit
Please rationalize Sec 194 A
Increase the limit from 2.5 lakh to 4 lakh
what happened to loan writeoffs? suddenly we forgot the impact of defaulters
RBI should restrict loan against shares to the BOOK VALUE With minimum 20% margin. STOP giving loan to people/enterprise having history of default.
Introduce SENIOR CITIZEN GURANTEED DEPOSITS UPTO 2.0 CRORES with the condition that the deposit holder can withdraw only 5 to 7% of the deposit per month,this will safeguard banks intrest incase if there is a run on bank. The fd should bear the depositors Aadhar number and of the nominee, owner for easy transaction
No savings only emis
Getting money from foreign companies and pushing govt towards privatization of PSBs..
Increase the intrest rate om FD then u will give some relief
Pfand till keg life cycle everything ist conted fodder grün organic ko cumin up later desi