Hello friends Think about this: First, the government came up with the Jan Dhan Yojana and instructed everyone to open up bank accounts, which you did! Next, the government brought in demonetization and said this was an attack on black money and corruption You faced a lot of hurdles in withdrawing cash when you went to get your notes exchanged But you decided to endure it as it was an “attack on corruption” Then, after that the government proclaimed (our country to be) “Digital India” Keep no cash with yourselves, deposit all of your money in banks and make use of digital transactions And then, a day came when all of your money was deposited in the banks, but you were unable to withdraw any money How would you feel if this happened to you? Today, lakhs of people in our country are facing this situation The Punjab and Maharashtra Cooperative bank customers have been facing this situation for 20 days “I have no property, I live on rent I have been living in Mumbai for 10 years I have been accumulating money for a long time and was going to buy a house this Navratri” “Is the government for our benefit or for our detriment? This government is trying to destroy us! nothing else.” “Modiji, please have mercy. You have had your way. You’re punishing the poor people again and again You’ve been punishing them so many times that it is difficult for them to live Whose government are you running? Who are you here for? I had never thought… I used to be such a huge follower ..that you could do something like this.” “I voted for Modiji… I used to consider him as God… and all my money has been taken Help me! What are you doing? Give me back my money…” “But today, I am crying and I wish to tell all the Modi Bhakts Andhbhakts (blind followers)- all of you are on the road to perdition Their anger is justified Think about it: What if it had happened to you? All your hard earned money- that you’ve accumulated unit by unit, you put it in a bank for safety But one day, you find out that you’re unable to withdraw your own money that you had deposited in the banks Then, most probably, you’d have reacted the same way Especially when you’d find that the politicians in the government were reacting with utter indifference “One minute” -“Move aside!” – “Let me just greet her.” “Go ahead” “I am only greeting you.” “I had a kidney transplant 57 days ago. I don’t have money for my medicines Arun Jaitley ji and Sushma Swaraj ji have passed away Let her go. It doesn’t matter.” First, the limit was set at 1000 rupees Later it was increased to 10,000 and now finally, it is (set at) 25,000 rupees The customers of PMC bank can withdraw upto 25,000 rupees within a period of 6 months But say if someone has an emergency. How would 25,000 rupees suffice? For those who have deposited their lifelong savings in the banks “Give us our hard earned money back!” “We’ve slogged hard to earn them” “Did we make a mistake by voting for you?” “Modiji bring us back our old days!” You know what’s the unfortunate part? It is the second time in the last two years that I’ve made a video, the title of which reads “Is your Money safe in banks?” Prior to this, I had made a video on FRDI Bill on December, 2017 The bill suggested somewhat the same thing: If any bank becomes bankrupt, then the depositors’ money would be used to bail out the bank Fortunately, people raised their voices against it then Pressure mounted on the government and then the Government decided to withdraw the FRDI bill But a similar situation is arising yet again The self earned money of the people is at risk The story of PMC is that of any other typical bank, seen elsewhere The bank gave out loans to a company, the company was unable to pay back and these loans became bad loans/NPAs But despite that, the bank continued to loan out to the company The company, in this case, is HDIL Later, the links between the bank’s directors and HDIL company were unearthed Even BJP links were discovered as to how the directors of this bank were directly related to the BJP One of them is also a direct member of the BJP Later, how the scam was actually carried out, was also revealed This company had created 21,000 dummy accounts in this bank to show how these small accounts had borrowed small amounts of loans It was done to conceal the fact that all these accounts belonged to the same company And a huge amount had been loaned out which they could not repay This is how they managed to stay concealed from the RBI’s auditing Because while auditing, the RBI analyses only a few accounts, not all of them The total amount of money involved in this fraud is 6,500 crores which were loaned out to the HDIL company, which the latter is unable to repay The total amount of money deposited by the customers in the bank is 11,000 crores And what actions have been taken by the government regarding this? Until now, 4 people have been arrested A former managing director of the bank, a former chairman and two members of the HDIL group Another latest report states that a property worth 3,000 crores has been attached by the BED That is, they probably do have 3,000 crore rupees in the form of property which could be utilized to pay back the depositors But it hasn’t been done yet Infact, no guarantee of getting their money back has been provided by the government to the depositors The protesters are merely demanding an assurance of getting their money back But no such assurance has been provided When our Finance Minister addressed a press conference, she tried to deflect this issue (by saying) that the government was not responsible for this. The issue is being handled by the RBI “And cooperative banks, normally, as all banks are, regulated by the reserve bank of India” “But the rural cooperative banks are registered …but the regulation is done by the RBI” “Similarly, the urban cooperative banks of the state are… regulated by the RBI” “The reserve bank is the one which, takes care of… …The Ministry of Finance has got nothing to do with it because the RBI is the regulator” “and they are doing, what is by law, to be done.” Madamji talks of such wondrous things. When the government has to take an emergency fund from the RBI worth more than 1 lakh crore, then they get it pretty easily because they claim that the money of RBI and the government is one and the same But when there are talks about the PMC scam, then the RBI and the government suddenly become separate entities The government owns no responsibility and everything is managed bay the RBI (but) you cannot convince the depositors in this manner This will make the people more wary And it is justified to be afraid Because, observing historically, last time when such a case had happened, in Gujarat in around 2001-02 There was a cooperative bank named Madhavpura which witnessed a similar scam and it was doomed And even today, 17 years later, the bank depositors have still not got their entire money back The process of returning back their money is still ongoing So you can imagine! Should the PMC depositors wait for 17 years to get their money back? And another thing is that there’s a deposit insurance of a mere 1 lakh rupees in our country That is, if you have deposited a sum of 10 lakh rupees in a bank and that bank becomes bankrupt, So going by the rules, you can get a maximum of only 1 lakh rupees out of that If such dire circumstances prevail, then the insurance provided is only of 1 lakh rupees you’d lose the rest of the 9 lakhs If you compare this deposit insurance with the rest of the world’s, you will notice that India has one of the lowest deposit insurances In Europe, this value is a 100 thousand Euros That is, almost 70-80 lakh rupees of your money is safe in the banks in USA, this value is 250 thousand dollars That is, upto 2 crores of your money is safe in the USA banks And in almost all the countries, this value is extremely high. In India, it is a mere 1 lakh rupees Therefore, I’d like to tell the government that if you want the people to feel safe and secure whenever scams like these happen in our country or in a bank becomes bankrupt, then please increase the Deposit insurance This a very paltry sum. Increase it to the level of atleast 50 lakhs so that everyone feels safe Had this deposit insurance been more in our country, then I don’t think that the PMC depositors need to be worried This would have guaranteed that they would get back their money (at all costs) If you agree with me, then share this video so that more and more people are made aware and the government increases this limit The problem here is that there is no effective communication on the part of the government The government wants us to blindly believe in them But what actually happens is that a common man reads in the newspapers that loans worth 1.45 lakh crores have been written off in the past 3 years and every year these loan write-offs are increasing steadily As you can see in the chart, Loans worth 76,000 crores have been written off by the SBI in the past 3 years So a common man will think what happened in the PMC, could also happen to them someday What do they do in such a situation? The government does not let us keep cash at home Neither does the government own up responsibility when our money is deposited in the banks What do we do in such cases? Some people might think that since there is a deposit insurance of 1 lakh rupees, they could split up the money open an account in different banks and deposit 1 lakh in each account for safekeeping but this would be sheer madness Do you really want the people to open up bank accounts in different places and do all this? You could straight away increase the deposit insurance limit and make people feel secure If you would ask for my opinion, then I would give you two suggestions in general The first suggestion is that try and open your bank accounts in public sector and private sector banks in comparison to cooperative banks Because historically, there are more chances of scams in cooperative banks because they almost always have connections with political leaders because they are supervised by the state government There is no direct supervision by the RBI So try and open up your bank accounts in bigger banks like the State Bank of India because the chances of them getting doomed are negligible This has not happened ever, historically My second suggestion would be that you should deposit some portion of your money in EPF/PPF because that is 100% safe in my opinion the money that you put in EPF/PPF There are certainly some disadvantages to that that you cannot withdraw the money before a certain time limit but the money is 100% safe in my opinion because this money goes to the EPFO trust, even though it is under the government But the EPFO trust does not loan out the money to someone else- it does not function like a bank So, your money is safe there If you liked my video and found it helpful then you can support me on patreon.com/Dhruv Rathee so that I may continue to make such informational videos for you in the future We will meet in the next video Thank you.
4:41 How was this Fraud done?
5:26 What Action did Govt take till now?
7:10 Gujarat's 2002 Scam
7:41 India's Deposit Insurance Lowest in World
9:10 Loan Write offs
9:58 Solutions for You
One correction: Some people might say that nothing is 100% safe, so it is slightly wrong to say that PPF / EPF are 100% safe. But there are relatively a lot lot more safe in my opinion. So you can say it’s Almost 100%
EYE OPENER is here from a long time but BHAKTS are enjoying their #acchedin NOW
I m only18 years but i didn't vote to modi becooz I knew that he doesn't deserve to be a pm becoz he has focused on something which we youngsters don't need i.e Hindu Muslim religion & what we need is broad thinking, carrier opportunity, polishing of our extra curricular activities, developing new skills etc… but he has only one thing to give us ……jhute waade …. promise that will never be completed……. I simply hate him
Aarey aur pmc ke bad bhi bjp jitegi agr Maharashtra me to RIP democracy
Invest in bitcoin
25000 only for 6 months….. Bull shit yar
Bhakt hamesa thake jate h .isliye kha ja rha th sawal kro hm govrmnt ko chune h koi baba ya bhagwan nhi .so gov se hmesa sawal kiya jata h tki gov janta k mulbhoot zaroorto ko na bhule… Tm andh bhakto bhakt bn gye to ab bhukto….
Jisdin Modi jita usidin Maine bola, desh ab vuktega…
Lo lolipop chuso…
Age aur vi hai
Jan dhan yojana was part of any bank but not cooperative banks…why don't you talk about rupee cooperative bank. Same thing happened with rupee cooperative bank.
5600 crore Rs out of 12000 crore deposits is under dispute and is like almost gone… government needs to figure out ways to get it back from fraudsters via seizing properties and by taking control of HDIL. This will take time. And if only government is able to recover government and guide the bank to refund the depositors.
You can not fool the people. It's not MODI who or the government who had the money. Stop making money but fooling your spectators.
Nice analysis,stupid analogy,comparing USA with India,well good for you,NOW SAY WITH ME ,MODI IS IGNORANT AND RAHUL IS THE FUTURE,I DON'T KNOW WHICH GOD WILL HELP INDIA,FOR THOSE WHO DON'T KNOW WHAT GREY IS,I HAVE A SUGGESTION, , SERIOUSLY YOU GUYS AND GIRLS BELIEVE THAT INDIA AS A WHOLE BELIEVE IN ANYTHING COMMON,I WISH ALL THE BEST TO YOU ,HAVE FUN , CONVINCE YOUR SPOUSE FIRST,AND JAI JIO,SEARCH STOCKHOLM SYNDROME, IT'S AS TRUE ABOUT MODI AS IS ABOUT ANY OTHER POLITICIAN WHO EVER LIVED ON THE FACE OF THE EARTH,FOR NOW I AM HAPPY FOR DHRUV ,HE IS MAKING GOOD MONEY,WELL FOR A CHANGE HAVE YOU EVER COMPARED HIS INTELLECT TO YOURS?HE MUST BE CLASS APART OR IS HE?
When Indian Railways can be operated by Corporates, BPCL, BSNL, MTNL, etc can be put to sale, RBI can issue unconditional funds to government and Monuments can be out on lease, even EPF & PPF can also change. No security of funds at all.
Hope things will change soon.
We are with you sir keep the good work on
Good That for people who are blindly following mr modi 🤬🤬🤬🤬🤬 knowing after longgggggggg 5 yrs thy still voting for the name of religious of Hindu Nd Muslim
कुछ madar choud ने dislike किया है
these guys r stupid .they r shouting at PMC bank .they should protest and sit and shout and they should start beating BJP and bhakts.
bhaiya epf ppf kya hota hai
Kya humne aapko vote deke galti ki?
Duh
Hope people open their eyes
Bhakto apna Akh kholo warna G…. Marao
Sir…. हमारे देश में जो cast के अनुसार जो आरक्षण दिया जाता हैं इस पर एक वीडियो बनाइए….
सब कुछ बेचेगा बस हिंदुत्व को छोड़कर
Desh me Hindu Muslim ko ldwane k ilawa is govt ne kiya hi kya h. Ldwao or public ka dhyan baqi sari dusri problems se htao or khud ki jeben bharo. Yahi to is govt ka motiv h public ko loot k khud ki jeben bharo. Agr agle chunav me ye na jeet kr aaye bhi to in ko koi farak ny pdta q k inhone to apni jeben tight kr li h
Bolo Bhagto modi hai to mumkin hai
Modi h toh kuch bi mumkin h😁😁
Congratulations to ??? people for voting???
Abki bar phir se modi sarkar😂😂😂
I feel bad for dat uncle who did kidney transplant. allah unki madad kare
No media showing this news
Why
Because this news is against bjp government 😂😂
Modi great.
What about mutual fund investment? They say that the company is a Ltd company. Even if the company goes into loss, returns will be done by govt. Pls reply soon to my query.
Bhai is sarkar ka koy kuch nahin kar sakta kyunki a avm haiking se jitta hai is lea apni Man maani karta hai
Bhai aisa hai, Kuch logo k liye sabse bada paisa hai.
It's just beginning of Modi era wait and watch India's economy will totaly destroy in few years…
Nice video
Kachra uthane kashmir and pak k alawa kuch dikhe to kare na ye to aaye he sirf safai karne aam aadmi ho ya jo dikhe wo.
Vote kisne diya hai
It's a KARMA TIME 😁😁
Bhai uski kidney transplant Hui hai . Aur paise chahiye. Sardarji hath jodh ke khade hai . Aunty ji ro Rahi hai paise ke lie . Abh mei koi paisa bank mei nahi rakhunga 😓😓😓
Regular by rbi tho finance minister ka kiya kam hai
Har har modi mardarchod modi
India me ravish Kumar or foreign me dhruv 👍
As per your analysis cooperative banks are not safe
As long as BPP is in power the life of Indian taxpayers is like in hell
Sarekesare modi andhbhakto ka aakh abhibi nahi khula ha. Aur saala budha modi USA me jakar bhasan mar rahahe everything is fine in India. Saala jhoot bolnekivi hat hoti ha. Kuta kamina pagal budha sathiya gayaha.
Plz next video bhai …syira turkish America pe banao is time waha kesa mohal he kiya kiya he sab explain karke batao bhai plz plz plz i am big fan Indian
Or do vote aese logon ko
Plz give me response my comments …dhruv sir i am big fan of u
Kaha gaya ya bhatak. Ab kyu nahi bol raha ya.
Neta Neta Hai Koi Kehta Teesri Manzil Pe Rehta Iski….
Modi hatau des bacha o
PMC is trailer. All bank will become PMC soon. Be smart and withdraw your FDs and money from Banks.
Bro…please agr AAP ye comment dekh rahe ho.to education system p v video bnao yar … It's necessary….
Kyuki aapko to PTA hi hoga shayad…hmlogo k family bs doctot engineer ya bank PO hi dekhna chahte h……………in logo k saamne Aisa mohol bnaya gya hai ki AAP bs Apne bachho Ko doctor engineer ya bank m dekhna chahte h……
Modi hey tu Sub kuch Mumkin hey. Allah Bless every one
568 log jo unlike kiye hai iss video ko agar unke dil me ehsaas hojaye garibo ka toh unlike nhi krege iss video ko.
Yes bank issue
Plese find more and more data or "proof" , evidence relating every information which are shown in your video and some historical data also.
Dislike karne wale Chutiyon Gobar Minded Bhakt Dharti ke bogh ko dekho
Jai GauMutra !!!
🇮🇳🇮🇳🇮🇳
Thank u so much for this video, keep up your good work dhruv, we r with u always..
🤑Mujhe to lagta hai Modi ne PayTM walo se deal ki thi💰
Modi ko vote do vote dene ka fayda yahi hai dekh rahe ho kya fayda
Agli baar best ye hi ha apne paisa ghr pe rakho jaane do desh khud hi nikha paeynge to kya desh
Nirmalachutiyabaman
Nirmala Sitaraman is the worst finance minister with zero knowlegde of economics and development ………… much disappointed by her decisions regarding our ecomomy including the bill presented by her this year not a single word about NBFCs and even increased taxes on foreign investement in share market result many foreign share holders withdrawn their money from Indian market……bc ise badiya to kisi experienced economics k teacher ko bna dete finance minister vo acha kr leta than this shit lady
Saab chngaaaa cccccc
Good job
Sir FD Save Hai Ya Nahi In Private Banks Plz Ans Me Sir
Modi Hai To Mumkin hai bhai
Modi is really great,,
Sir railway privatization per video bnao
Me guroor se keh sakta hu.. mene is nikkami sarkar ko vote naa deke mene apne vote ka apmaan nahi kiya …. 😊
Bharat Mai sab achcha hai. every thing is fine in India. pata hai na aapko kaha pata hai. Par bole toh bole Kya kare toh Kare Kya waah modi ji waah.
Sahi kya bhakto k sath Aisa he hona chhahye.
How fool these andhbhakts who r still unliking this video…m shocked…
This is a fundamental human rights violation
You get what you deserve … you never get what you want..
I always feel tensed and stressed up after seeing you videos related with truth, nd feel very sad how media is hiding it from people 😣😣😣😣😣😣
Completely agree with you Dhruv.
Whatever you said it's 100% True.
Now modi bhakts will say waah modiji waah
CHAI wale log Desh sambhalege to aisa hi Hoga .
Kiso janab ko ye vidoe achhi nhi Jo unlike kar raha hai sabse bada unbhakt ho deshdrohi to wohi jisne ye vidoe dislike Kiya hai
Isliye hi paigambar mohmad sahab ne sooth interest lena haram bataya tha, ab allah sabko aise karke ye sikh de rahe hain ki apna paisa interest pe mat do kanhi pe bhi aapke pass jo paise hain use garibon me baanton allah tum pe nemat barsayenge
Ye rote hae phir modi ko hi vote denge kyonki ye hindu muslim k nam par voting karte hae mudde koi nhi hote
You are anti modi…. You real face has come out after 370
यह सब मनुस्मृती के हिसाब से चल रहा हैं ।
याने की मनुस्मृती के अनुसार … ब्राह्मण छोडकर किसी को हक नहीं है की अपने पास किसी भी प्रकार की संपत्ती जमा कर सके , या आप शिक्षा में निपुण हो।
अगर आप संपत्ती जमा भी करते हो तब भी उसपर आपका हक नहीं है । आपको सब संपत्ती जबरन ब्राह्मण लोगों को दान में देनी होगी ।
It is a big miracle that you are still alive.
DHRUV SIR INDIA ME BANK DEPOSIT INSURANCE 5 LAKH KAMSE KAM KARNA CHAHIYE. MEHNGAI / SALARY /INCOME TAX SLAB BHI BADH RAHA HAI TO DEPOSIT INSURANCE KYU NAHI BADHA RAHE ITANE SAAL SE. Bhale aap yearly charges lagao like aap debit cards/ sms/transaction charge lagate ho to Deposit insurance charge lagao magar logo ko kamse kam 5 lakh tak ki safety do. Puri India me croro ac hai normal 50 rs se bhi kam charge lagayenge to bhi itana rs ikatha hoga ki 5 year me koi 1 bank dub jati hai to usi insurance amt se sabka paisa sarkar de payegi. Isme sarkar aur bank ka bhi koi loss nahi hoga. Aur 50 rs me 500000 safe honese customer ko bhi koi dikkat nahi hogi. Is DEPOSIT INSURANCE ki baat ko sarkar tak le jane ke liye pls sab ise share kare ya Dhruv sir aap kuch karo jisase sarkar jage.
Bas sirf muslim ko maro baki sab chalega
Aur vote do
India drowning. Really very sad
Bjp it sell wale yaha video dislike karne aa gye.
achche din a gaye dosto
Main kahunga isme modi ki bhi koi galati nahi hey hum.khud iske jimmedaar hey kyu ki humne ki purn bahumat ki sarkaar chuni hey
बहुत ही सुन्दर वीडियो सटीक जानकारी के लिए धन्यवाद् 🙏🙏
Why the hell they voted for them
I knew, this would happen.
This is the beginning …….
Don't deposit your money in the Bank….bhande me jaye digital India..
Keep in cash and gold….