FD rates are very low not encouraging.inflation is going up.Middle class having a tough life.senior citizens are not benefited.
@sonaliv1489
2 күн бұрын
World wide story. Everywhere it's like this , inflation going up. Stop panicking, no use of that
@Anton-tf9iw
2 күн бұрын
But, 100% sure even in small banks below 5 lakhs.
@jayanthsavkoor806
Күн бұрын
Deposit rates r low cos of low demand. CD ratio is coming down.
@narasimhamvakkalanka
Күн бұрын
FD rates are based on Projected yield of government bonds for 10 years. The moment FD rates are increased interest rates on loans will be increased as well as government debt. This ultimately led to the increase in capital cost of capital-oriented sectors, housing loans, and government debt which invariably pushes the government to reduce CAPEX as well as welfare expenditure since interest outgo on debt taken by the government increases. In a given system it cannot effort to increase the interest rates just for the sake of benefitting the FD Holders.
@ramapriyakrishnamurthy8005
2 күн бұрын
The services provided by banker's including SBI are very poor.
@jagannathm.t.9413
2 күн бұрын
It's Saevanthige Hoovu in Kannada.
@manikandanparameswaran9963
2 күн бұрын
No social security guaranteed in India for majority. Hence people are switching from banks to mutual funds expecting better returns than bank.
@sonaliv1489
2 күн бұрын
Social security should have been set up at the start of India on 1947. Now it's a little late.
@sridharrao6591
Күн бұрын
We have to save for our future expenses and retirement as no government which happily collects tax from us when we work will give anyrting back when we retire - they will continue to tax us as the expenses exceed the tax limits
@chandrasekhar-B
Күн бұрын
And it is ironic that such a simple truth is not understood by the eminent bankers. The current tax system we have, real inflation( not the govt numbers) and cost of living are outrageous. What else can a salaried person do but to take risk. But nobody addresses it. Such a pathetic state of affairs.
@girish8726
2 күн бұрын
ಸ್ವಾಮಿ ಕನ್ನಡದಲ್ಲಿ ಸೇವಂತಿಗೆ ಹೂವು or in slang, ಶಾಮಂತಿಗೆ ಹೂವ್ವ. 😁 Sirs, most relevant 🔥 topic, prof RV🙏🏻 so easily explains, we learn so much. Thank u prof sir & shree sir, u have made us addicted to PGurus 😎. All ur broadcasts r superb ❤👍🏻👍🏻❤❤carry onn, 👍🏻
@Kumar-zx8mj
2 күн бұрын
ಜೈ ಕರ್ನಾಟಕ ಮಾತೆ
@krishnamurthyhunagund1049
2 күн бұрын
I would pay to hear someone like Prof. RV, hope his classes allow a 50-year-old to attend 😀 So, much I learn….thank you PGurus team for engaging him.
@skraman69
2 күн бұрын
What RV saying on Bank deposit is correct.... I broke my saving that I had substantially money as FD and moved to MFs... The returns that I earned is reasonably good... Big disadvantage of FD is that the interest rate is 7.5% and the effective returns could be 5-6% depending on the deposit amount. On the other hand, if you consider the inflation which is 7-8% and effectively you see a negative growth on your investments... The major advantage is for the bank... For FD holder, if they declare share from their profit, then there coukd be a future for this scheme...
@hemavathiramaswamy764
2 күн бұрын
Actually, genda phool or marigold is Banti puvu in Telugu, chendu huvu in Kannada.
@paradevparadev5371
Күн бұрын
Sevanthige hoovu in kannada, Karnataka, India, so called Bharath
@BSKSM
Күн бұрын
The Marigold India's National Flower for Remembrance
@kotamurthy8358
2 күн бұрын
It is really great and interesting to hear prof RV. Such a jovial session great😊
@MRk-c2n8c
2 күн бұрын
Additional employement in Banks have become....Additional Interest on EMIs of the poor middleclass/ borrowers......The interest on the EMIs have keept on increasing in these years......Its time to have a third front ....who will really take care of the middleclass financial burden by reducing it to a considerable extent & the extremly poor section of the population....
@mysoresrikantaiahkailasnat8676
2 күн бұрын
R V. Sir. Most of the investors,not only youngsters are alienating deposits from banks because of better ROI from Mutual funds.. Moreover the money deposited in the banks are not utilised properly. The funds are misused , and priority is given to rich class and businessmen.average middle class is neglected. The customer service is hopeless in public sector banks.
@vishalgupta86
2 күн бұрын
@PGurus Youth interested in F&O trading vehicles is just a symptom of a few things, - The Stock Market is the only legal gambling avenue. - Today's youth have disposable income, which can be spent beyond keeping savings while participating in the growth of the Indian stock market. - Youth has been disincentivized by the dinosaur technology that most Indian banks carry, and on top of it, going to the bank experience is a hassle, not a positive experience. So, it's no surprise that this will continue !!
@Anton-tf9iw
2 күн бұрын
Short term stock trading IS legalized gambling, BUT with high taxation on it.
@PravinDhurve-j1m
2 күн бұрын
Jai Hind Jai Bharat
@arunramaa
2 күн бұрын
If the interest is not decent enough, what's the point of deposits...banks have to evolve to the changing market forces
@avanathan
2 күн бұрын
It is called Sevanthige Hoovu
@himabratadas1577
2 күн бұрын
Prof RV is ❤❤❤❤❤❤
@GepPol-f9h
Күн бұрын
Anything that does not grow with time is not an Asset. Putiing all your money in banks is no good to you. Its good for others who use banks money and invest in business / enterprise.
@bhamidivrr
2 күн бұрын
Some of the dmat accounts are forcefully kept active by brokerage houses…I have three such accounts in which no transaction took place for more than a decade…! Submission for closure are not adheered to..!
@narasimhamvakkalanka
Күн бұрын
Even DEMAT Holders are also to be blamed. Many of my friends opened DEMAT accounts and, after some time left it even without bothering about payment of yearly charges. Additionally, there are issues like the transfer of unclaimed dividends, illiquid stock in the accounts, etc. This is a multi faceted problem.
@jaynaidoo9988
2 күн бұрын
I did…..capital expenditure 😂
@ramasri2363
2 күн бұрын
Senior citizens prefer banks
@nkrishnamys
Күн бұрын
Monologue awaited
@ramapriyakrishnamurthy8005
2 күн бұрын
Even my son doesn't invest in bank.
@sumanthm629
2 күн бұрын
When banks do not even pay real inflation rate as interest on deposit, citizens are forced to look at other avenues. Govt only collects taxes and tax paying middle class get little or nothing in return but yet have to meet rising costs. Equity is the only option but not the F&O trading and real investing.
@ashwinipingle8832
4 сағат бұрын
This is the start of British rule like conditions
@kkna1002
2 күн бұрын
ಕನ್ನಡದಲ್ಲಿಯೂ ಶಾವಂತಿಗೆ ಹೂವು ಅಂತ ಕರೀತಾರೆ...in Kannada also it is called Shavantige ...Prof. RV should know, he has lived in Bangalore for decades ...😊
@gautamganguli1221
2 күн бұрын
RV is excellent as usual. Though controversial,this article is thought provoking.
@Satyam-0610
2 күн бұрын
The problem of mutual funds is that we only heard good performing funds . In 5 years they go up but what happens after that ,no one tell about us
@dpvprasad1384
2 күн бұрын
Fds r the last resort of savings.nowadays
@balajic3823
19 сағат бұрын
TWO POINTS! #1. True sir! My visits to the Banks have become very very rare! #2. ITR filing can be damn simplified...I totally agree with RV sir....ITR SARAL form should be only 1 PAGE!! We should not be going to the Auditor for filing an ITR! #3. The problem is that they are taxing the interest rates on savings account and FD interest also... This is atrocious. CBDT must take their hands off from taxing the interests OR atleast they should give exemptions on TAXES on Interests on deposits. 🤔🤔 ---Instead Banks can charge an FD maintenance Fee or something like that. ---Then you see, Money will start pouring into Banks.🙏🙏🙏
@rsundar1
5 сағат бұрын
I work in a Public sector bank close to 15 year's and have to tell suicide is high among Branch manager in public sector bank and we see every month some sucide. Again u r correct that it is mainly due to non achievement of target, mainly insurance target. But few I have to add that work load has infact increased rather than decreased after digitalization The digital product is very bad in government bank that we found manual opening of account very easy to open. Portal always get stuck and issue not being resolved.Also 1000 of portals have come and we spend time not to see customer face but to scan and upload in portal. From loan to account opening in portal is very slow and complicated. I can say many things but really bank has become bad place to work last few years. Speak to some psu bankers about it.
@jayanthsavkoor806
Күн бұрын
Slowly it's turning to faceless banking, since majority of payments r made thru UPI
@rajendradevpandey9161
2 күн бұрын
These 100,200,500 and all currencies are fake money. RBI is also a private banker of banks. People understanding this.
@mg.f.9023
Күн бұрын
Capital Investment Joke was too good! Truly original.
@sridharsubasri821
18 сағат бұрын
Dissappointed with the quality of inputs by Prof RV. Just says close big banks. Regional banks are the way. Started well on customer aspiration changes. Are banks a place to store money. Has it come down to be transaction banks. How payment institutions are taking away fund transfer business. So in the changed circumstances what is role of future banks. Banks need to reinvent. So how does the future bank look. . These are real issues
@Unni4912
5 сағат бұрын
The good Prof.'s students would have had/having a whale of a time in his classes.
@mohankrishnasundarrajaiyer7197
2 күн бұрын
MANY R ENJOYING DEPENDING ON THEIR STARS. IF PLANETS R NOT SMILING TRANSFERS FROM NORTH TO ALL DIRECTIONS AND THE SAME FROM SOUTH. Then show cause notices dismissals etc.
@MRk-c2n8c
2 күн бұрын
Nation very much needs a Party or a "completly 3rd Front" who can perform the following on a warfooting basis. 1. Proper complete " data card " of each & every person of the nation ...it MUST include Biometrix Blood group & DNA .Nobody should be left out ... 2. Bank Accounts to be created for each & every person of the nation...& every person should be entitled for 500 rupees a day which goes to the bank account.....The next day after midnight 12 another 500 credited ...." Auto replinishment system" 3. 10/20/30 & 40 feet " Jack up Insulated Containers with bathroom / toilet / kitchen / watertank at the top..." For the Homeless & people who prefers to live in those contrainers - NOBODY has to be seen on the streets due to lack of home.....JACK UP CONTAINER meaning it can be jackedup when there is heavy rain by use of gears... The above 3 are NOT a difficult task...it will take only 5 to 10 years to get it streamlined....
@natarajanpadmum
2 күн бұрын
Banks have a good alibi namely RBI’s directives. A typical example is KYC instructions. KYC should mean ‘know your crooks’ and not know your customers. An honest customer is harassed. Horrible problems arise when a customer dies.
@ramachandrannair4554
2 күн бұрын
Simple change the Law of Nature. Also Mind ask wants more. Both demand and supply met... Combined with Greed. One see many happenings in society, didn't least Fifty years ago. 🙏
@ajitkumarl
2 күн бұрын
Just to clarify Prof. RVs comment on IBA is not correct. It is rather that Banking Regulation Act 1949 which does not permit CASA for non-banks. RBI only implements its role as Supervisor of Banks by stipulating regulations. The role of IBA is as a self regulatory body which interfaces with RBI on common issues Bank face. Fintechs can play a role - just like Google does through GPay, but the underlying money should be controlled by Commercial Banks whether it is nationalised, private or small finance or payment Banks. Managing money - returns and liquidity is a different ball game which cannot be handled by Fintechs. In fact, the reason Indian Banks are comparatively stable is because of BR Act and the proactive role played by RBI.
@ramakrishnanak9384
Күн бұрын
It was a great joke about consumption expenditure vs capital expenditure
@mohankrishnasundarrajaiyer7197
2 күн бұрын
THIS TIME IBA ON THE ADVISE OF FM ENGAGED ALL UNIONS INCLUDING POWERFUL AIBEA SIGNED A WAGE AGREEMENT GIVING SOME 17&1/2% wage increase. FOR INS COMPANIES THIS WAS IMMPOSED. A 5 YEAR AGREEMENT.
@jayanthsavkoor806
Күн бұрын
Sir, forget deposits, even Gold rates compared to share value is low. An investment in SGB fetches less than that invested in shate market thru capital gains. This is evident from daily rise of Sensex from 75000 pre election to 85000 today
@krishnankumar20
Күн бұрын
What u said is 100% true,they just come to bank n go, no service is given,only interested in giving home loan,car loan n gold loan.msme loan never given,no bank wants to give mudra loan. Nothing more to say
@geethasrinivas5069
17 сағат бұрын
Not ditching.They are bold enough to take risk and invest in shares,etc
@natarajanpadmum
2 күн бұрын
I do believe that the learned Professor’s points are totally valid, but they apply to perhaps only 15 or 20 percent of depositors. A majority of depositors succumb to the misleading advice of banks themselves
@Trending-infomat
2 күн бұрын
Banking regulation hurdles on deposit and withdrawal of money in accounts.
@tsreddy009
21 сағат бұрын
I have a huge respect for Vaidyanathan sir, But he is completely wrong on many aspect in this interview. Hope some on reaches out to him and update him
@coolisha2814
2 күн бұрын
What would be solution for senior citizens and people preferring n trusting government banks if they close, how would we trust local banks, many private banks also closed with scams,
@kumar54100
Күн бұрын
RBI is not protecting Banks. They are bothered about monitoring deposit credit analysis as Google pay vallet or Paytm vallet etc are not under direct control and RBI would be handicapped in formulating their monetary policies and check the detoriation in the value of Indian currency or ensuring sectoral flow of credit to check price control and inflation. Something would emerge better if regulating these wallets of Google, Paytm phonepe Amazon ola uber are also brought under RBI. My only hope is that service providers maintain the aggregate balances of their customers' wallets ina bank.
@Shoolpani
2 күн бұрын
Great analysis. I recently visited a big bank and saw 95 percent visitors mostly above 60 or retired, giving impression of old age home.
@natarajanpadmum
2 күн бұрын
Sir, banks are killing themselves by wearing other hats such as insurance agents, demat agents and mutual fund agents. Their own officers advise me not to waste my hard earned savings on fixed deposits yielding “uninteresting interest”. They don’t explain the risks involved. When they themselves deflect the depositors, the dwindling of depositors is only to be expected. People want to get rich tomorrow. They foolishly chase their shadow.
@srinivasantirumani8590
Күн бұрын
Listening to Prof. R V. is simply marvelous
@natarajanpadmum
2 күн бұрын
Sir, banks are killing themselves by wearing other hats such as insurance agents, demat agents and mutual fund agents. Their own officers advise me not to waste my hard earned savings on fixed deposits yielding “uninteresting interest”. They don’t explain the risks involved. When they themselves deflect the depositors, the dwindling of depositors is only to be expected.
@ramakrishnasulebele1875
2 күн бұрын
sir you are right ,todays youth wants to become rich quick ,,so don't save, ,and try invest ,and make quick bucks ,butnot save, the only down side is their emi's will grow and they are nor insures save. sufficiently for life,job ,risks,and childrens education
@coolisha2814
2 күн бұрын
For comment: not many people visit banks, it's not only because online banking, many banks are really slow ..including hdfc in mumbai , it is tiring to make a simple thing work there.
@sridharrao6591
Күн бұрын
When Haifa was liberated by the Mysore, Jodhpur and Hyderabad Lancers, there was no Israel yet and it helped the British to defeat the Ottamans who were siding with the Axis. Yet, it is Israel alone that remembers the historic battle and liberation of the port by brave cavalry soldiers who went against their british commanders and refused to back down in the face of cannons.
@nsmurty4296
2 күн бұрын
I am always amused by Prof RVs comments and also Pgurus specials on finance. Most finance in India appears to be elementary, derivatives of the west and with a generous dosing of emotion. The fact the vast bulk of day traders lose money is known and even Forbes website has a good overview of that. You dont need a derivative study of Sebi to tell you that. And this is in a highly competitive efficient market like the west. The question though is to focus on how the Indian markets are different. For one, there is a lot more insider trading, market fixing and so on. Do these show up in public day trading data? If so, where and how? If not, why not? For example, if you know that some traders consistently overperform the market and by a lot, you can figure out something is wrong. Even compare the profit distributions and correlations to figure these out. That would be useful and since most of the people here are well versed analytical engineers, it shouldnt be hard to do. Another idea is for Pgurus to point out where such public data on trading can be found and if it has been published. Otherwise, a lot of this is stuff that is quite obvious.
@chaitanyatuckley4666
Күн бұрын
33:40 - MEA has clarified no changes in OCI laws.
@mg.f.9023
Күн бұрын
True! If Trump comes crypto will grow all over the world.
@natarajanpadmum
2 күн бұрын
I believe banks have a purpose even today. Their potential customers are in the lower economic segment of the society
@sudhakarrangavittal6008
2 күн бұрын
Two states Himachal Pradesh n punjab are bankrupt n karnataka on the verge n some more to come.fearful shocking because of freebies.very 😢 sad.
@creativeidea53
2 күн бұрын
All those who do wrong then one can be stripped off that OCI privileges and no other things should be done...
@pattabiraman8650
2 күн бұрын
Kindly request Mr RV to sit back and talk. Not to come close to the camera.
@shrikantlimaye9213
2 күн бұрын
''TEEN MURTI'' WAS BUILT IN MEMORY OF ''HAIFA VIJAY''
@aruniyengar5430
2 күн бұрын
Issue with banks are less user friendly. Internet is better option and convenient. Now banks are charging convenience fee for using online services. It is ridiculous.
@manjunath-k5g
2 күн бұрын
Sir🙏 Sevantige hoovu in Kannada we call for this flower
@luckysush
Күн бұрын
Banks shouuld increase fd rates to 10% or more.
@natarajanpadmum
2 күн бұрын
RBI Governor has an ivory tower office in the 24th or 27th floor
@mohankrishnasundarrajaiyer7197
2 күн бұрын
CUB CITI INION BANK EARST WHILE KUMBAKONAM CITY U B.
@GoldYvonne-r9o
Күн бұрын
Williams Maria White Ruth Martinez Angela
@jayanthsavkoor806
Күн бұрын
Sri Iyer sir need not remind to press like button. We first press like button n then listen the podcast 😊
@sanjeevmadhusudanan4547
2 күн бұрын
What to do in banks. Everything available online
@jayanthsavkoor806
Күн бұрын
China has introduced "use n throw" concept in India
@coolisha2814
2 күн бұрын
Online scams are so much and senior citizens are victims most of times, so I believe banks are still safer then online for innocent people.
@satyanarayanaguda4848
2 күн бұрын
MARY GOLD IS NOT CHAMANTHI I THINK. CHAMANTHI IS CHRYSANTHIMUM
@rakadus
2 күн бұрын
18:04 Crux of the issue. Real rate of return on bank FDA is negative.
@creativeidea53
2 күн бұрын
If banks are not there then where will people keep their money atleast with banks there is a place where we can keep our money...
@iiigraghu
Күн бұрын
Excellent Presentation as always🌹🤝
@cranand
22 сағат бұрын
Shaavantige hoovu
@Str-Consultant
21 сағат бұрын
Sevanthi hoovu🙏
@mohankrishnasundarrajaiyer7197
2 күн бұрын
NATURAL SHYAVANTIGE R AVAILABLE IN PLENTY IN KARNATAKA.🎉
@jayanthsavkoor806
Күн бұрын
Sevantige hoo in kannada
@mohankrishnasundarrajaiyer7197
2 күн бұрын
BASED ON GLOBALISATION BANKING IT COMPANIES INS STOCKS ETC RACING AGAINST TIME.
@mohankrishnasundarrajaiyer7197
2 күн бұрын
NIRMALA IS AGOOD FM UNDER PM MODIJI.
@mohankrishnasundarrajaiyer7197
2 күн бұрын
ANY HOW GOOD NPA RECOVERIES AND CONTROLLING ADVANCES AND LOANS SO THAT THEY DO NOT ENTER NPA AREA.
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