The Strange Story of ICICI Bank’s Murky Bailout of Lanco’s Bankrupt Australian Coal Mine

  Рет қаралды 14,254

Moneylife News Bites

Moneylife News Bites

Жыл бұрын

This week, Sucheta Dalal takes a look at the strange story of ICICI bank’s bailout of Lanco and an Australian coal mine that they had purchased.
For more read: www.moneylife.in/article/the-...
For more information visit our website : www.moneylife.in/
Register : www.moneylife.in/register/
Follow us on Facebook : / moneylifedailyclinics
Follow us on Twitter : / moneylifef

Пікірлер: 48
@mukeshmaheshwari506
@mukeshmaheshwari506 Жыл бұрын
Keep it up. Thanks
@parthaaec07
@parthaaec07 Жыл бұрын
We would not have come to know otherwise. Thanks.
@rameshkampasi7289
@rameshkampasi7289 Жыл бұрын
2 big questions. Appraisal and transparency.
@Dhanyavaad.
@Dhanyavaad. Жыл бұрын
Thank you Sucheta for the update. Your research on financial investigation is always outstanding and appreciated. It is enlightening to us but unfortunately we layman cannot do much except share the videos. If possible please and a humble request please; can Moneylife Foundation, a significant entity with its legal team consisting of Retired Judges and Imminent Lawyers follow up these researched financial investigations in the Supreme Court. Thank you once again.
@ashwinikumar8525
@ashwinikumar8525 Жыл бұрын
Fear is the Key. None of the huge financial defaulters is seriously tried and sentenced. These scandals will continue while poor people continue to suffer.
@mukeshmaheshwari506
@mukeshmaheshwari506 Жыл бұрын
Thanks
@bm8292
@bm8292 Жыл бұрын
Withdraw all deposits with ICICI bank and put it in other good banks.
@rahulbhalerao2266
@rahulbhalerao2266 Жыл бұрын
Is ICICI carrying the contingent liability for Griffins creditors as of now in notes to a//cs?
@yugalsharan
@yugalsharan Жыл бұрын
I still do not know, who are the promoters of ICICI Bank ?
@hemantmarathe1590
@hemantmarathe1590 Жыл бұрын
Great...
@krishnamohan1065
@krishnamohan1065 Жыл бұрын
Please do a video on the real financial position of l I ç and p s u banks
@vishwanathanvenkatsubraman9149
@vishwanathanvenkatsubraman9149 Жыл бұрын
A very good research. We need to expose Raghuram Rajan
@sanjeevnayyar7063
@sanjeevnayyar7063 Жыл бұрын
Keep them.coming
@kiranrao4375
@kiranrao4375 Жыл бұрын
I am a micro trader on nse. I have not heard of lanco. On bse the lanco price is 30 paisa to 35 paisa
@rmazim500
@rmazim500 Жыл бұрын
Excellent analysis by fraudsters of Public Moneys.
@anandmohan4657
@anandmohan4657 Жыл бұрын
Thanks a lot but issue is what can be done when these people who commit such acts hire costly lawyers and are ultimately saved
@nkrishnamys
@nkrishnamys Жыл бұрын
Mam pls come out strongly on more such 420 entities. This jokes & lunacy of such bluecollared entities has to end somewhere ..
@hemantjain9
@hemantjain9 Жыл бұрын
Waiting for Gautam Adani’s entry, for whom this whole thing is being prepared.
@varshadoshi8691
@varshadoshi8691 Жыл бұрын
Pls make video on Adani group allegations
@AKS-yi2qj
@AKS-yi2qj Жыл бұрын
In addition to highlighting these corrupt Indians, please mention as to how they are roaming Scott free.Why no action against the bank officials and the MP.
@shravan419
@shravan419 Жыл бұрын
Editor ji, Mam was referring to bank syndicate not 'Syndicate bank'😄.
@AjitJoshi686
@AjitJoshi686 Жыл бұрын
15.02 min
@sugarnspice6387
@sugarnspice6387 10 ай бұрын
It is quite common to form syndicates by banking and insurance industry when they have to approve large loans or issue big sum insured policies, this way profit as well loss is shared by all. She is not talking about Syndicate bank.
@ramd9581
@ramd9581 Жыл бұрын
Hail to thee Mam. Respects
@MoneylifeNewsBites
@MoneylifeNewsBites Жыл бұрын
Thanks a lot... Keep watching...
@suhasbhide5773
@suhasbhide5773 Жыл бұрын
What's the biggest business in India. ....loot and cheat. There is no legal to recover money
@ashu0583
@ashu0583 Жыл бұрын
raghuram rajan the great
@nayaknaresh
@nayaknaresh Жыл бұрын
This proves in India an ambitious businessman can quickly climb up the economic ladder with these loopholes in place. With the “right” game, you can suddenly have billions of dollars of loan capital available at your disposal and even an MP seat in Parliament which grants you access right up to the Prime Minister. This happens time and time again. Mehul Choksi is simply bribing the judge and prosecutor in Antigua to not receive an extradition order. Mr Adani has built his empire on these techniques but has judiciously deployed capital and is doing well. Even Dhirubhai Ambani didn’t have access to this sort of money and he had to go to the retail investor and offer them a “triple option convertible debenture” with 0 interest payable for 7/8 years! Those who know finance history will tell you. Today is a good time to be a crony businessman in India.
@meethunghosh1892
@meethunghosh1892 Жыл бұрын
*adani can make a comeback if he finds tons of GOLD reserves or DIAMOND reserves in Australian COAL mine, or else now going ahead give all national-state infrastructure projects to Adani, they can subcontract them and complete them if they dont have caliber to execute - complete them*
@leonardfernandez3856
@leonardfernandez3856 Жыл бұрын
The shareholders of ICICI Bank need to be proactive and pull up the management and seek explanation.
@SamvadSoul
@SamvadSoul Жыл бұрын
One more ICICI murky deal?
@madhavmangalvedhekar6117
@madhavmangalvedhekar6117 Жыл бұрын
Lanco- Griffin coal both चोर मौसरे भाई! icic bank God save this country.
@ARShanker
@ARShanker Жыл бұрын
Politi-Eco syndicatization
@saraswathimahadevan5036
@saraswathimahadevan5036 Жыл бұрын
Why leave aside diversion
@manojswarup5896
@manojswarup5896 Жыл бұрын
PLAYING A SAFE GAME MAM
@shivkumarpabba4089
@shivkumarpabba4089 Жыл бұрын
What are the regulators doing! Looks like the political patronage even from BJP continues to guarantee immunity to Lancô! How can huge scams like are even allowed to happen? Unbelievable!!! I compliment Sucheta Dalal for the courage in taking on the powerful patrons of this scam. God save her!
@NK-ni3qx
@NK-ni3qx Жыл бұрын
Lanco was already in shambles by the time BJP came to power.
@FinExTraining
@FinExTraining Жыл бұрын
👍👍
@kirankumarsukumar
@kirankumarsukumar Жыл бұрын
Thunivu speaks about banking. Are facts right ?
@AjitJoshi686
@AjitJoshi686 Жыл бұрын
BJP has avoided these crazy loans and gave free food during downturn to keep economy ticking. But it is not chasing these loan mafias which is baffling.
@kuldeephello2u
@kuldeephello2u Жыл бұрын
Bjp is giving money through LIC to adani pockets by purchasing it's companies share 20, 30 times of its actual price.
@AjitJoshi686
@AjitJoshi686 Жыл бұрын
@@kuldeephello2u Yes exception is Adani group who has taken lot of loans.
What it feels like cleaning up after a toddler.
00:40
Daniel LaBelle
Рет қаралды 79 МЛН
Alex hid in the closet #shorts
00:14
Mihdens
Рет қаралды 14 МЛН
DAD LEFT HIS OLD SOCKS ON THE COUCH…😱😂
00:24
JULI_PROETO
Рет қаралды 15 МЛН
The Paytm Controversy and Fin-tech Complaints about Over-regulation
15:12
Moneylife News Bites
Рет қаралды 8 М.
Why Indians Remain Unaware of Successful Public Liability Claim Payments
15:47
Lessons from the Biggest Multi-baggers
11:15
Moneylife News Bites
Рет қаралды 7 М.
Piramal-DHFL: A Twist in the Sale
15:10
Moneylife News Bites
Рет қаралды 27 М.
Many Ways of Being Fooled in a Bull Market
14:24
Moneylife News Bites
Рет қаралды 70 М.
How Banks Work Non-stop To Avoid Transparency and Disclosure
14:54
Moneylife News Bites
Рет қаралды 16 М.
Privatisation: Let’s Playback before We Fast Forward
17:03
Moneylife News Bites
Рет қаралды 35 М.
What it feels like cleaning up after a toddler.
00:40
Daniel LaBelle
Рет қаралды 79 МЛН