Discussion Board

'Why is no one questioning the RBI?'


Total 46 messages Pages | 1 | 2 | 3   Older >
kieran dsouza
total NPAS in trillions and these shameless still want easy loans
by kieran dsouza (View MyPage) on Nov 15, 2017 11:15 PM

total corporate write off as NPAs is in region of 36 lakh crores of yours and mine savings in public sector banks. this mother of all scams which is a daylight loot and rape of Indian banking public is ongoing and only reason for demonetization was for banks to kick start lending again to the same thieves. when the loot ends bank officials will be made scapegoats and PS Banks will be privatized for their 'sins' and what is worth of your savings will be transferred to private fund managers

    Forward  |  Report abuse
G S Azad Azad
Rate of interest should be kept at reasonable level and not dropp
by G S Azad Azad (View MyPage) on Nov 15, 2017 10:11 AM

For Fixed Deposit with Banks , we need to ensure that the depositors get enough income to sustain their living as Inflation rTe is going up every year . If we have social system Like USA and free Medicare for senior citizens and housing for retired persons at affordable rent , then we can talk of lower Interest rates like developed country . Also , if the industry gets Bank Loan at better rates , there has to a check on profit they can be allowed . Pharmacy co have 400 percent profit on some items , why??? Just lowering interest rates for Business cannot be done in isolation . If any silly decisions of this sort are encouraged , there shall be people resentment for sure . Please exercise due care and then decide .

    Forward  |  Report abuse
Srini
Blind Bhakt
by Srini (View MyPage) on Nov 15, 2017 12:18 AM

Who is this guy who wrote this article? The doctored inflation figures itself are going up. Just because you want to invest in the market, doesnt mean people should stop saving and adopt US styled debt ridden lifestyles!

    Forward  |  Report abuse
Sane Voice
Why no one is questioning RBI?
by Sane Voice (View MyPage) on Nov 14, 2017 11:03 PM

Mr. Mahajan, you say that "the RBI refused to lower the rate saying inflation would go up, but it has not". Please go through the WPI figures for October 2017 and then comment. Have you ever gone to the vegetable market?

    Forward  |  Report abuse
nasiruddin ahmed
RBI is in cage
by nasiruddin ahmed (View MyPage) on Nov 14, 2017 10:37 PM

So, nobody question a cage parrot!!!

    Forward  |  Report abuse
chanakya maurya
It is high time we have a public debate on this issue.
by chanakya maurya (View MyPage) on Nov 14, 2017 09:53 PM

The public elects a government.

Advocating a public debate on a highly technical and sensitive issue like rate of interest is far beyond a prudent acceptance.

In a nutshell, it is an utter nonsense.

    Forward  |  Report abuse
auryas
Don't give these idiotic suggestions
by auryas (View MyPage) on Nov 14, 2017 08:13 PM  | Hide replies


If the rate is cut by 200 points people will have to eat their own sh^t as they will not be able to afford any thing because of the price rise.

There will be debt bubble so big that India will become like Zambia or Kenya like inflated economy - only worse with 1.25 billion mouths to feed.

Retired people lose their livelihood as savings accounts fetch feeble to nothing.

Ecosystem of INdia will be destroyed by mad rush to transform India into an industrial country of SICK people.

DO not give such mindless, idiotic suggestions. First understand how economy works and then ask question to RBI or IMF or whoever.

    Forward  |  Report abuse
kieran dsouza
Re: Don't give these idiotic suggestions
by kieran dsouza (View MyPage) on Nov 15, 2017 11:06 PM
excellent observation

   Forward   |   Report abuse
Logan D
Policy
by Logan D (View MyPage) on Nov 14, 2017 08:05 PM

// Foreign investment is hardly 4.5% of our GDP and 6.3% of total investment. Why do we make everything easy for the 6.3% of our total investment? //

That is our Policy

    Forward  |  Report abuse
auryas
CREATING JOBS is the worst thing one can do to economy
by auryas (View MyPage) on Nov 14, 2017 08:03 PM

Job creation should always be a byproduct of need based development of industry. JOB CREATION for the heck of JOB CREATION ( like the congress government did ) is like siphoning your tax money and distributing to a bunch of people for their votes.

EVery one has seen what a disaster roajgar yojna is.

Slow and organic growth of economy ( like CHina or Gernany ) is more sustainable than artificially inflating the economy through rate cuts.

Job creating powered by artificial boom through rate cuts is like silicon implants of your body parts to look big. Nothing more.

Rate should be a balanced act. There are more people in this country who survive on savings than on jobs.The culture of converting them into work force should be brought about slowly and through generation.

If you cut rates, the retired people whose survival is through their lifes savings will starve.

    Forward  |  Report abuse
auryas
CREATING JOBS is the worst thing one can do to economy
by auryas (View MyPage) on Nov 14, 2017 08:02 PM  | Hide replies


Job creation should always be a byproduct of need based development of industry. JOB CREATION for the heck of JOB CREATION ( like the congress government did ) is like siphoning your tax money and distributing to a bunch of people for their votes.

EVery one has seen what a disaster roajgar yojna is.

Slow and organic growth of economy ( like CHina or Gernany ) is more sustainable than artificially inflating the economy through rate cuts.

Job creating powered by artificial boom through rate cuts is like silicon implants of your body parts to look big. Nothing more.

Rate should be a balanced act. There are more people in this country who survive on savings than on jobs.The culture of converting them into work force should be brought about slowly and through generation.

If you cut rates, the retired people whose survival is through their lifes savings will starve.

    Forward  |  Report abuse
Logan D
Re: CREATING JOBS is the worst thing one can do to economy
by Logan D (View MyPage) on Nov 14, 2017 08:07 PM
Corporates want rate cuts, more crate cuts , more and more rate cuts.

This article is just a bait.

   Forward   |   Report abuse
Total 46 messages Pages: | 1 | 2 | 3   Older >
Write a message