CNBC-TV18 Explains: Why Are Banks Facing A Deposit Crunch? | N18V | CNBC TV18

Why are banks falling short of deposits. @latha_venkatesh explains the link between loans, deposits, mutual funds, cash withdrawals & taxes.
#taxes #banks #bankdeposit #depositcrunch #loans #funds#cnbctv18digital
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[@anandas3733]

It is government who is directly responsible for this situation. FD interest is kept😊 very low and after paying tax it's actual value is going to negitive if we consider inflation. Peoples are not fools as considered by government.

[@SunilKumar-nm5md]

👍👏

[@truthislogical]

If people are not fools, then how come all those incompetent be in power?

[@vishnu_vmt]

​@@truthislogicalbecause other's are more worse than the current government

[@abhishekshaw7711]

Because the previous government started the tax culture where the highest tax was 93%. If you know you know

[@zeemotech]

If you want deposit then remove tds on deposit.

[@sreedhard4234]

Taxes for deposit is a crime. They are taking taxes on salary (TDS) then when we save it and earn interest then again for interest.

[@LiLi-ij9ni]

When Banks start selling insurance, mutual funds by breaking Fixed Deposits of customers due to pressure of management such situations will arise andbif not checked condition will become worse. So stop beating around the bush and see through the real cause.

[@smalltrader1097]

It is because with time people's brain also evolve, people now have come to conclusion that keeping money in bank is loss as bank gives 7% interest while practical inflation is around 10%. So why keep it in bank and burn money, that too with little security of upto only 5 lakhs.

[@padmakardeshpande2739]

But ultimately money goes to some banks. I think huge money is sent in foreign countries.

[@dpvprasad1384]

The interest rates offered by Banks in contrast to inflation is the worst phenomenon in India.

[@JamShed-Rockon]

Please can u elaborate ...

[@arunkottolli]

Remove income tax on FD interest - as long as the money invested in FD is post tax money

[@vicky2rap]

Digital India with high inflation with low FD rates with tax exploitation is back firing now 😂

[@sivaramaJP]

Charge more on interest free loan to Ambani,adani etc

[@sandeerao86]

Another super educated spotted who does not know how economics works

[@sivaramaJP]

@@sandeerao86 😂🤣 yes only Gujarati and marwadi knows.

[@JamShed-Rockon]

Rather than INTEREST.....Please do consider PROFIT........

[@pradeepsoni1343]

Fiance minister responsible due to tax regime supporting new tax regime where saving not given first preference

[@deepakgeorge5871]

Nirmalaji.. How about adding another tax.. Income tax.. GST.. Loan tax and Loan cess..

[@RJ-ug2bb]

You will get what you voted for.

[@deepakgeorge5871]

@@RJ-ug2bb even if you don't vote you will get this crap..our fate as citizen of Bharat.."Tax Terrorists aka Government of Bharat"..

[@RJ-ug2bb]

@@deepakgeorge5871 I am NRI and I am paying 21% TDS on dividends and 15% LTCG on my NRE demat account. BJP government is not at all investors friendly.

[@laljidhillon5638]

Earlier people would deposit their savings in FD’s but when rates went down they changed to investing in equities and now that even that being 0:03 0:03 taxed LTCG where else to go

[@Rv2023CeO]

Well banks didn’t say how much bad debt has been written off in last 10 years😢

[@macho20222]

In Short FD are easy money for banks to make more money

[@Poorani-o6q]

In india we not only give tax to income Also to savings But salary will not increase price jumps Fd is waste for future

[@CAPARTH89]

Ask fm to reduce tax on fd. Also ask bank to give higher fd rates. Such are simple solutions but its shame bureaucrats and banks dont understand dont understand Or it seems they dont want to understand

[@evm6177]

"Shall we loot all your deposits full and fill my secret treasury in Mauritius, London and Swiss bank ? or loot a little and leave some peanuts for you loosers of this poor nation.." - The greedy minds of the Ruling class / Powerful bureaucrats since Independence.. Vote them in and enjoy! 😒

[@kvnarayanan2520]

Giving 5 % interest and taking back 30% by tax is wonderful, Nett interest is 3.5% We have to protect it from calls from “ istate banku manager”

[@srinivasbengalurumysuru]

All do mutual funds, buy shares, buy lands

[@patrica7]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

[@MrsStephanie5]

There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist

[@Keneth94]

I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

[@Michael25ycl]

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

[@Keneth94]

I have stuck with the popularly ‘’NICOLE ANASTASIA PLUMLEE” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@Michael25ycl]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@tkdhanesh01]

Now it's clear why the mutual Funds have been asked to stop investing in foreign equities.

[@evm6177]

Every nation is basically a business who is fearful of their competitors..

[@ravisampath411]

Banking is accepting deposit for the purpose lending, unless fresh deposit comes in the they cannot lend. AMl is very important because any mismatch will affect. Your explanation the loan money adds to deposit is not the correct view point. And deposit are tool fixing loan rates

[@maheshn.s.919]

Raviji, every thing is a well thought out illusion to aggregate wealth or whatever worthy of on this planet to literally a few guys' control.

[@duraisamya3068]

Very useful information

[@kailashmehta8671]

Good Analysis

[@angelboy2901]

Very good explainer. I hv added my exposure to banks again after seeing this video.❤👌

[@Rammahavirramjai]

Very good exploration…good one anchor…keep it up

[@ypreddy1251]

PM thinking about reducing govt expenditure with taxes but ignored savings which helped govt to pay loan as you said

[@ramanarayanan7866]

Due to digital banking, Run on banks can start quietly on bank holidays easilly.

[@shanmugampn4571]

Culprit is clerk/cashier at the counter. He is indifferent unfriendly and sometimes arrogant.

[@evm6177]

🤣👍👍😎 Honest reality..

[@SunilKumar-nm5md]

Well said 👍

[@kailashmehta8671]

The Interest rates on Deposits and Loans should increase. THE TDS, IS ANOTHER PAIN.....

[@ArjunRajaS]

Key point for everyone to note. "They create money"

[@keerthi3086]

So?

[@ArjunRajaS]

Some people know.... Many people don't realise the fact that when they create money, the value of money you hold loses value.

[@keerthi3086]

@@ArjunRajaS Not always, but yes that is how inflation is born. If the supply of goods and services grow proportionate to the supply of money (demand), then there's no inflation, as the new money is absorbed into economy without bidding up existing goods or services.

[@aravinda6512]

Beautifully explained. Thank you

[@dtvind]

Give a competitive financial minister who did not come in EWS quota

[@evm6177]

That will be the 11th wonder of the world.. Name one such finance minister since Independence?? 😒

[@psdavidpaul9508]

Wonderfully explained

[@rajx7120]

Why can't banks borrow from RBI, and create deposits? And repay them, when they recover their own loans ?

[@shivjayvolvloikar]

Will create inflation...

[@evm6177]

Lol only theives like US and UK can do such 'unethical' tricks..

[@ramanarayanan7866]

All banks face liquidity problem seriously. Bad loans on unsecured loans increasing at alarming rate.. If a run on bank happens, most fail will within two days .

[@pankajverma9768]

with RBI creating 2 lakh crore of new money by giving huge dividend and large bonds purchase by FII the deposit should be higher. The math need to be seen by RBI further not raising deposit rates people are not interested in deposit at low rates

[@rahulkarukonda8860]

Why u want deposits? Govt wants money circulation or rotation..when u have low interest rates why u have deposit ? If deposited in bank, the bank is charging customers as maintenance charges with gst...now who keeps deposits ?

[@wheelsoncrisis]

Keep asking for tax on deposits, keep giving shit interest rates and I hope no one does deposit in bank in future

[@Ananya-sx8wv]

There shoud not be TDS on FD interest.

[@Ashsws]

How about the increase in the Black money due to Euphoria in real estate as well. Did anyone came out of fallacies that DeMon reduced black money. The black money has increased in circulation

[@Masiba7517]

Making money out of thin air

[@bhadanisandip]

It is simple fd is one of the worst investment after tax. Just give some tax benifit for some lock in period.

[@Palletipuli]

Atleast did u understand what u said 😅

[@maheshn.s.919]

It's all mumbo jumbo presented very fast, so that no body should understand.

[@narasimhaprabhu8487]

If govt gives more money in terms of tax break or banks give 10% then people will keep deposit in bank. 7.25% and if govt taxes it 30% depositors gets 5% you can't fool everyone 😂

[@book--worm]

bjp must go for sometime

[@shivjayvolvloikar]

Please read some books my idiot... ☺

[@evm6177]

And what? Go back to 2008 - 2009 Congress 2G spectrum multi crore scam?? 😒

[@raghavendranvasudevarao360]

NPA is on the increase Every year so many lakhs of crores in rupees is waived by Lok Adaalat Also interest is very low Loans should be given after verifying credentials While granting loans favouritism is there Politicians role is there

[@JeevarathinamNallusamy]

Cut tax in fd interest and add separate section for 50k fd alone on it or increase 80 c. 😅😅😅

[@RJ-ug2bb]

Please ask bank to pay 12% interest.

[@ramrobertrahim8722]

No worries. Adaniji and Ambaniji will bring more money.

[@bhagya528]

Why don't govt reduce tax on FD and Equity

[@Jaihindbharat007]

Banks money has stuck ...into builder finance ..people have found out other sources of investment...good bye banks

[@JamShed-Rockon]

Rather than INTEREST......please do consider PROFIT.....🤓

[@jeyakumar6225]

The main reason is inflation and government has to increase the repo rate but government is scared to accept economic recession and not increase the repo rate.if government has to guts to increase repo rate ,there will be increase in deposit

[@nandus1]

Govt knows problem also knows solution but seems to be blind to this problem

[@pratikkkothari3198]

Situation will automatically change once market crashes

[@dpvprasad1384]

@@pratikkkothari3198 markets crashes now and then. But. Fdd deterioration day by day is certain

[@nageshwarrao1541]

This happened because RBI reduced REPO rate to 4% or 4.50% couple of years back, by misinterpreting or manipulating Inflation rate n other info. Now banks n people are paying price for it.

[@manujohn99]

Only RBI creates money, not all banks🤦

[@rohitgautam6693]

Banks have stopped focussing on their core business and are more interested in selling insurance ulip and mutual fund products

[@muruganandhvenugopal4178]

Then only they can lend money to their corporate friends. They need Steal common man’s last hope as well.

[@themboys304]

Lower the tax , problem solved

[@subrahmanyansankaran249]

It's better to talk in lakhs, crores in Indian context ... than trillion :(

[@Ajmal-qx4xd]

Metal people only trast india banks

[@balajikannan7393]

Yeah, ask banks to stop selling ULIPs, MFs and Insurance to meet their target of conning gullible customers. Increase interest rates on FDs, tighten the loan eligibility so that not every Tom, Dick and Harry gets it. Simple.