How have banks reached record profits of more than Rs 3 lakh crore?

Рет қаралды 7,672

Ай бұрын

Banks have crossed a historic Rs 3 lakh crore of profits in 2023-24. But are they going to face trouble over low deposits going ahead? Economist Radhika Pandey and Deputy Editor TCA Sharad Raghavan explore this in #MacroSutra.
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Пікірлер: 20

@kallachi729 Ай бұрын

“Sustainability of banking sector’s strong run” could have been a better headline. Do you, The Print, consider reader (viewer) inputs on such issues. I have earlier too Questioned the question mark on the “head lines” for your videos…. The ? Mark in all headlines is regressive

@uditpathak6369 Ай бұрын

Great discussion! Loved the information provided.

@Moeed__123 Ай бұрын

good discussion,,,appreciated

@RKV0785 Ай бұрын

I like this team and their debates ❤

@AyushKumar-se6nn Ай бұрын

Informative

@tushantsharma8664 Ай бұрын

Very well explained really appreciated

@sankalp6872 Ай бұрын

Unimpressive. You need to take more audience question. You need repeat your column in the video broadcast. We can read Radhika's articles in thePrint website. Please consider changing the format. Keep a 20 minute Q&A and maybe 10 minutes to lay out the topic background.

@bharatchoudhary540 Ай бұрын

Kudos to Prime Minister .. what a turnaround it has been .. he truly is an able administrator.

@DidierPeroni Ай бұрын

Is it normal for RBI to push the surpluses to the center?

@Vivek-ib9st Ай бұрын

Yes. RBI keeps around 26% for the future. The rest is transferred to the Union Government which is the owner of RBI.

@Hanamantaray Ай бұрын

They should have given more if they are not increased Risk management level buffer to 6.5% instead of 6%

@amrendrakumar9539 17 күн бұрын

Minimum bal charge deducted by SBI without informing customers who believed that their savings will be safe here, low earning people and unemployed citizens who save All gone into vein and thus banks showing record profit

@rajarajasivapadashekharach6789 Ай бұрын

No sound!

@stkstk9118 Ай бұрын

All Modi ❤ Magic

@mg.f.9023 Ай бұрын

Public Sector Banks lend to NBFCs at a very high interest rate - NBFCs lend to insider traders at much higher interest rates - Insider traders make big money in rising stock market and payback the higher interest rate loans. All stakeholders happy & healthy! What will happen when the music stops (stock prices crashes?) No problem, insider traders will short the market (knowing before hand) and make big money and keep the stake holders healthy and happy. Problem ONLY for the retail stock investors who are caught with stocks at very high price that are now depleted in price.

@rajx7120 Ай бұрын

Stock investing is not for faint hearted. There is risk involved.

@rajx7120 Ай бұрын

The solution is to have lower interest rates. But an emerging market, can't afford low interest rates, without suffering high inflation. And to rein inflation, we need supply-side reforms. In particular, free market farm reforms are so crucial for maintaining stability of food prices, at both producer and consumer side. There is heavy wastage due to supply-demand mismatch, lack of cold storage and import dependence of pulses and oilseeds. All these cause inflation. Until, we fix these, we can't have low interest rates, like US and developed world.

@uditpathak6369 Ай бұрын

It seems no government is interested in fixing supply side inflation - why? I think of two reasons. 1st it makes everyone believe that GDP is rising (helped by rising costs) . 2nd the central bank can make lofty profits with high interest rates and in turn give the government dividends.

@anukreddi Ай бұрын

@@rajx7120 Absolutely correct, but I would say historically speaking we are at fairly low interest rates, I mean when America is at 4.5% interest rate we are attracting debt at 6.99% while the currency doesn't devalue. The rupee shows strength given the geopolitical climate, RBI's balance sheet, intervention, and relative strength of the economy. I'm not saying there is no distress, it's equitable, the private sector is investing but it's a change people need to get used to. You need money, you need to take a loan, albeit at low interest rates but you owe that money and it's not a freebie, and the private sector needs to understand that it should be able to operate even without government support, if the government should favor someone it should be the PSUs and they should be world class institutions, but all private players should become independently and globally competitive, not dependent of political favor.