IF RBI REDUCED SUPPLY OF CASH THEN A CAUSE MUST BE THEIR. AS PER RULE RBI GIVE THE CASH AND ALSO SEE THE USE OF THAT SAME CASH ROLING. RBI NOT TAKING CASH FOR THEIR OWN USE.SO HAVE TO UNDERSTAND THE REAL FACT.
Earlier, all the 18 lakh crore new currency printed was sold in black by RBI STAFF EARNING IN THE PROCESS NOT LESS THAN 5-10%, SANS ACCOUNTABILITY. They have also helped India Inc. and other NPA customers by postponing identification and follow up action thereby draining even available securities for a commission of 1-2% and above. Thanks to Modi Sir.
Author either does not know about the subject or behaving like Congress agent. The big benefit that the country has reaped is to increase its tax base. Those who deposited money in the bank during the demonetization have started paying tax understanding its implication. This is the biggest advantage this country has got from demonetization.
Where were Mr Thomas and his lazy bank babus when years after years they extended loans to political honchos, industrialists and even to the corrupt bank officials under collusion, thus accrued huge NPAs? why blame Modi and NDA govt? Why the cry for NPAs has become shriller now-a-days? As if there was no NPAs before Modi govt.!!!
Re: Blame it on BANKS
by Gladyschellam on Apr 19, 2018 12:52 PM
Since Banks nationalisation it has grown over 7000 times in terms of business depends of individual bank. Till 2015 NPAs are between 1`-1.5% of total lending. There are many reasons for an a/c to become NPA. Of which govt economic policy plays a vital role.
The government's sole pre-occupation is in non-governance. love jihad and beef politics do not improve governance. They have no time for the actual problems of farmers in particular and the Indian common man. It is high time they got a proper Governor of the RBI, and not a puppet.
Re: MISSING NOTES
by Ramesh Shembekar on Apr 19, 2018 10:55 AM
farmars issue was not there in earlier dispensation only after modi, what nonsens earlier also farmars commiting suicide, how farmers taking loan from PSB no mostly goes to money lenders n they unable to bear compound int they get harrashment n finaly fital. congis taking agvantages n blamng modi govt. lalu era is old or they would have blame modi govt for his 11childres also
Re: MISSING NOTES
by Ramesh Shembekar on Apr 19, 2018 10:55 AM
farmars issue was not there in earlier dispensation only after modi, what nonsens earlier also farmars commiting suicide, how farmers taking loan from PSB no mostly goes to money lenders n they unable to bear compound int they get harrashment n finaly fital. congis taking agvantages n blamng modi govt. lalu era is old or they would have blame modi govt for his 11childres also
The congress party is shrinking day by day. They have ruled the nation for decades. The main achievement of dynastic congress party is 1. They have divided Hindus in thousand pieces. Now the day since Modi has taken over the rein of the nation the country is progressing by leaps and bound and this thing has become very undigestable for them. As usual congress always fool the countrymen with lolypops during election days. This game of their is over now. They are finding it very herculian task to defeat MODI in election so they always raise futile issues regularly with the support of their Communist friends, ISI agents, christian Missioneries, Corrupt Media Houses and Anti National forces and NGO's. WAKE HINDU WAKE UP.
Re: Congress Cospiracy smelting
by Vipin Nair on Apr 19, 2018 10:49 AM
True . The Congress has become intolerant . They know they cant fool the people anymore . Hence they dont want Modiji to succeed . Interest of the Nation or its people is not in their scheme of things . They are not able to loot . Hence Intolerance !!!!!!
Before people have very little understanding, knowledge and news about financial market. So something bad is happening in the market not actually disturbed people. But due to mobile/whatsapp etc people are got bombarded with information. Actually many of the news are fake or written without much knowledge or thinking. People don't have actual knowledge but only information. They get panicked when they read such stories. This panic creates havoc in the market, and the outcome could be anything and no one can predict. Demonetization created havoc but people took it positively. Opposition parties thought it is a good situation to exploit but they failed miserably.
Till date people feel secure when they have cash in hand. So it the tendency of poor, lower and middle class people to keep enough cash in hand.
When are the bank officers , like that of Mr. Thomas, whom a known Modi hater, Syed Firdaus, is interviewing, move to better things. Every one knows the pitfalls of cash transactions: benami, corruption ridden and non- transparent. Instead of promoting digital transactions, a bank officer like Mr. Thomas is propagating cash transactions. This is ridiculous. When will the bank guys give up their old habits and start moving in direction, where whole of the world is moving
Two, people, who are not remotely connected with banking, know and can appreciate that the government had come out with Rs. 2000/= nte to tide over the large number of old Rs. 1000/= notes, getting out of circulation. So why an unnecessary story is being created by saying that the govt. has slowed supply of Rs. 2000/= note. If some one needs a lot of Rs. 2000/= notes, it is being used for haording and unccounted transactions. Because if some one rightly had to use Rs. 2000/= or its multiples, he could have used normal banking modes of payment.
If rediff can not contribute any thing substantial to this objective, the least it or its paid , biased soldiers can do is NOT to indulge in hype creation and scare mongering.
Re: Same old mentality by bank officers
by IndiaRising on Apr 19, 2018 10:07 AM
When we analyse various facts and the attitude of BJP, the current crisis is another attempt to harass the people by BJP.
It is probably a creation by BJP, similar to the Nov-2016 Note-withdrawal, to gain upper hand in the ensuing State elections. BJP still thinks that money is playing a major role in the elections and hence, it wants to suck out the legal money out of system (while it has all unaccounted/accounted money, which will be used to buy votes) anyway, people already know even if it does not get majority even with the help of Election-Vinning-Machines, it would buy seats with the illegal money it has
Re: Re: Same old mentality by bank officers
by namakhalaalmulla on Apr 19, 2018 10:15 AM
Looks like your stick is raising from morning. What do you want to make your stick down? Better go home. your family members will help you in bringing down your raising stick.
Re: Re: Same old mentality by bank officers
by Ramesh Shembekar on Apr 19, 2018 11:02 AM
all this shit stories being played by congis and us think bjp is doing u congi agent
Re: Same old mentality by bank officers
by Bharat KUKRETI on Apr 19, 2018 10:36 AM
Not surprise to see the timed article by the anitinationa1 forces. It is expected from them to spew the venom after all corrupt are finding it difficult to hide the unaccounted wealth.
