Loan Delivery And Purchase Policies: Fill & Download for Free

See it like this. Take it as a live example on this day - date : 18.11.2018.You run a shop. On Diwali, you had bumper sales, but all on credit. All your stock is sold. You need to buy fresh stock for the current - future sales. Your customers will pay you only by the first week of December 2018, when they get their salary.You go to market and buy some stock on credit. However, there are some goods on which no credit is available, like bread, butter, eggs, water, milk and curd, etc.You will not be able to pay cash to these small suppliers who need to be paid on delivery, and you may not have these goods. Your customers may go to other shops.Now you get a feel of cash crunch. (In financial terms, it is called liquidity crisis).You have a good customer base, have almost negligible borrowings, you get paid by your customers regularly when they get their salaries, and still your shop may face a serious crisis because you do not have enough cash for purchase of bread or eggs.Now take this scene to a NBFC - a Finance Company, that has given loans to 100 shopkeepers. All shopkeepers are facing the same situation as the above shop.NBFC finds that by the 3rd week of November, they do not have enough cash to pay the staff salaries, and the interest and installment of bank loan has to be paid by 1st December. Now, the NBFC has no other option but to ask the bank to wait.This is Scenario No. 2. Now, the liquidity crunch of a few shopkeepers has put a NBFC in a tight situation. Thereafter, think of the small UCB - urban cooperative bank - who have given an overdraft limit - working capital facility to this NBFC.Then there is a big bank that has funded 1000s of such NBFCs and UCBs, and then there are institutions like NABARD, SIDBI, etc, who are also affected since their funds and loan portfolios are not getting recycled to the optimum level.This is exactly how giant Lehman Brothers of USA had fallen on Sept 15, 2008. It was later revealed that had the liquidation been delayed by a week, it might have survived and economy of USA and global economy might have been spared.This is how the malaise spreads, in no time, and the economy gets affected badly.Don’t believe the crap that some Modi haters in the media are dishing out daily.Refer this: Bankruptcy of Lehman Brothers - Wikipedia

Yes. Banks have a huge sum of money lying with them and are not lending. This is a problem because banks have to pay interest on the money which is with them. There are a few reasons to this which include:-Financial Mafia - In India there is a new Mafia. The Government Agencies. CBI and ED are the new Mafia which have a new theory and law: Any Loan which goes bad has to go bad because of criminal activity and Any Bad Loan always involves money laundering to overseas and offshore accounts. ED regard any overseas payment including payment for imported spares, payments for actual deliveries and payments for overseas services as Money laundering while CBI believe an Honest Borrower cannot default. Nearly 65% of Bank Loans which have gone bad from 2016 have been converted into criminal cases. Does this mean so many borrowers are criminals? Impossible. Otherwise India would have become another Serbia or Croatia. Due to this financial Mafia - Bank Officials have decided to take their salaries and retire in peace (Especially PSU). They dont want to make decisions. They are scared that 5 years later some decision made would create trouble for them. Unless some protection is given to bank officials - the possibility is tough that they will lend. They will go on lending to Coal India or SAIL or Air INdia - Govt of India Companies which will burn all the money into a black hole and blow the economy.Land and Real Estate Mafia - No! I dont mean Bhais of Mumbai or Local Thugs or Dons. I mean the Nexus of Politicians , Local Businessmen, Banks which ensure land prices keep soaring despite the last time demand exceeded supply was in 2007 nearly 12 years ago. In a free market- Land prices should have come down. Demand for land is reducing because of high prices. Yet the prices continue to rise. In 2010 someone says Land at a place is Rs. 5000/- per SFT and In 2019 the price is Rs. 14000/- per SFT but during this period only about 8 - 10 properties have been sold and nearly most properties for sale remains unsold for several months until either the sale is withdrawn or some NRI manages to purchase it. Keeping land this costly means houses are more and more expensive and off the free market, EMIS are very high and buying a house is more and more tougher. Buying a Good Flat from a Good Builder is thus very expensive. This has resulted in a number of small time hoodlums with police protection promoting “Flats” for much lower prices and through payment systems [Get a flat for Rs. 5 Lakhs payment and remaining payment only on completion] and end up getting cheated. Thus People prefer rental properties [Which is why Rental sites revenue has soared by 168% over 2 years] or “Leased” Properties to live in. Today a house has lost attraction as an investment. This means fewer demand for Housing loans and so banks are unable to lend so much money towards housing loans despite melas or despite huge advertisement budgets.Service Industry vs Manufacturing Industries: - India has a huge service Industry. It is a glitzy thing. The problem is lending to a service Industry is strife with huge risks. There is almost always zero material assets and service industries are always rated by their equity price and by their overall brand name and demand. Problem is pledging equity is a tough business due to archaic SEBI rules and procedure and Brand names can be run to the ground in 6 months [Kingfisher Brand evaluated at Rs. 3500 Crore is perhaps worth Rs. 50 Lacs today]. While Service Industries are multiplying hugely - this means they are also the applicant borrowers and banks are reluctant to lend them money as collateral is tricky. Banks prefer manufacturing Industries as Machines are better assets [Only slightly better but still better] and Manufacturing Industries due to poor productivity and poor policies - have been defaulting badly. So Banks are uncomfortable lending to Service Industry and also to Manufacturing Industry. One because Assets are always intangible and another because of existing NPAs. So banks always beg the Govt companies to take loans. Coal India takes loans every year but without putting the Loan in business - it builds houses for employees, parks and schools and the money is sunk.Archaic SEBI and RBI :- China Banks lend overseas. They have a terrific infrastructure. Despite the SL Port Issues and the Kenya Station - they have still lend huge sums to foreign countries and foreign colloborations and make good profits. They have set up an excellent recovery route using the Government of China to play a role in any such place where investment becomes an issue [Pakistan for example where China owned Pakistan is like a foreign country and rest of pakistan is a cheap shanty town]. India does not have such policies. Indian Banks cannot lend. Only GOI can lend through Indian Banks and has lent to Nepal, SL, Bangladesh etc mostly as assistance rather than as investment. This is due to Archaic Colonial SEBI / RBI rulings.Economic Slowdown :- When the Economy slows down - people prefer putting all their assets in the bank rather than taking on more liabilities. Subsequently Deposits will go up and Loans will go down on the retail side.For Protection of Bankers if some of the proposed reforms are made then perhaps Bankers can lend again:-(i) Statute of Limitations - Bank Officials can be criminally prosecuted for bad loans only if Bank registers case within 3 years of the last fraudulent transaction [NOT DATE OF DISCOVERY OF THE FRAUD BUT LAST FRAUDULENT TRANSACTION]. Auditors can be prosecuted for negligence or collusion for upto 12 years of the last fraudulent transaction.(ii) Bank Officials protected from repurcussions like sudden Transfers for not agreeing to boss’s demands. Bank Official guaranteed that once a transfer has been granted - he cannot be transfered again for 3 , 7 or 10 years (Officer, Clerk or Peon) and even if he is transfered he cannot be transfered beyond 10 km radius from his present workplace and that too only after 180 days notice.(iii) NPA classification period be increased from 90 Days to 180 Days for unsecured assets and 90 Days to 18 months for Secured assets like houses. If a person defaults on a home loan of 2 Cr - it is unfair that within 3 months he becomes a defaulter, gets a poster tag and is obliged to pay a huge sum of money to become regular again or get the house attached and stuck in legal litigation. Big Business Loans can be classified as NPAs from 90 days to 3 Years to account for economic slowdown or productivity issues.(iv) Bank Officials from Rank of AGM to GM retire by the age of 57 instead of 60 and all higher ranks abolished. After GM - Bank officials are chosen for higher management like COO, CFO, CEO in two executive Grades - Grade I and Grade II for 5 years and work under contract with Govt of India. So every bank official who starts in a bank finishes of as GM and then has to be selected as Executive Grade I or II to work for 5 years under contract with GOI for abother bank.(v) Guaranteed Bail for Bank Officials in Fraud Cases with conditions:- Bank officials are middle class people and despite some corrupt ones - many are decent people whose maximum corruption is stealing pencils, paper clips and A4 paper from the Bank. Yet when they give some loans due to recommendation or some other reason they get hauled up in frauds, arrested and disgraced. Govt should guarantee Anticipatory Bail to all such bank officials.(Vi) Inviting Foreign Real Estate Developers from Singapore, China, HK for building flats in India. They are more reputed and can put money in deposits. To ensure that 80% of local developers are unlicensed and cannot build anymore or if they do build - they agree to deposit 30% of the building costs with GOI to pay any buyers if they cannot deliver. They also have to pay big sums for getting licenses. This ensures that the best builders build houses and the bad ones get filtered away.(Vii) Relaxing SEBI and RBI Norms. Indian Banks get resegregated. This means Banks are divided into Class A, B and C. Class A banks can do Commercial and Project Financing Only, Class B Banks can do Commercial and Retail Financing and Class C Banks can only do Retail Financing. This way only the top banks like say SBI or PNB (Merged) or Canara Bank (Merged) requires INternational strength and needs Basel I. In US prior to 1997 - almost every Bank was divided into Industrial-Commercial- Retail or Investor - Merchant.

I always wanted to convey a message to all which was buried a long time ago.I think it’s the right moment and perfect stage to bring it out .I will start with some preface.Now, it’s not time to predict the future. It’s time to extrapolate the present situation.16 May, 2014Narendra Modi's landslide victory shatters Congress's grip on India.Why there was a need to change the government who ruled on us for straight 10 years?After reading a lot of articles in magazines, newspapers, blogs and answers on quora, I came on to a conclusion for this question.We were tired and our hearts weren’t that strong to bearONE MORE TIME A REGIME RESULTING LOTS OF SCAMS2012 Coal block allocation scam2013 Railgate2010 2G spectrum2010 CWG2011 Antrix Devas deal2011 Tatra truck scam2009 Satyam Computer Services scandalAdarsh Housing society scam2013 Saradha Group chit fund scam…..ONE MORE TIME A REGIME APRRECIATING APPEASEMENTONE MORE TIME A REGIME WELCOMING TERROSRISTS ATTACKS2008 26/11 Terror Attack2005 Delhi Serial Bomb Blast2006 Mumbai Train Blast2008 Jaipur Blasts2008 Assam Bombings…..ONE MORE TIME A REGIME MAKING PUBLIC POLICY/SCHEME DEPENDENT RATHER MAKING THEM SELF DEPENDENTONE MORE TIME A REGIME SPREADING NEPOTISM1) Gandhi Family2) Lalu Prasad Yadav and family3) Mulayam singh Yadav and Akhilesh Yadav...ONE MORE TIME A REGIME DESCRIMINATING US ON RELIGION & CAST BASISONE MORE TIME A REGIME INCREASING GAP BETWEEN RICH-MIDDLE CLASS-POORONE MORE TIME A REGIME HAVING NO CLUE IS OUR PM IS DEAD OR ALIVEIndia’s ‘silent’ prime minister always been a tragic figureONE MORE TIME A REGIME KNOWING NOTHING ABOUT OUR COUNTRIES POSITION AT WORLD LEVELONE MORE TIME A REGIME TAKING OUR COUNTRY TOWARDS DOOMSo, coming together and leaving the past behind people finally got commited to bring a change“Once you choose hope, anything is possible!” ~Christopher ReevesNarendra Damodardas Modi was that ray of hope for people.Well, we have heard the famous saying and PM NaMO also knew it quiet well.With great power comes great responsibility.Responsibilities…BRINGING UP THE RESPECT BACK OF OUR COUNTRY WHICH IT DESERVESInternational prime ministerial trips made by Narendra Modi[1]Foreign policy of the Narendra Modi government[2]Act East policyNeighbourhood first policyNeighbourhood first policyProject MausamCooperation with Pacific Islands________________________________________________________________________________________ENDING UP THE APPEASEMENTEnd of International “Appeasement”Modi visit to ISREALNarendra Modi became the first Prime Minister of free India to visit Israel when he landed in Tel Aviv on July 4, 2017. The visit came 14 years after Israeli Prime Minister Ariel Sharon’s visit to New Delhi and 25 years after the two countries established diplomatic relations in 1992.Modi visit to PALESTINE - Honoured by Grand Collar of state of PalestineFirst visit by an Indian Prime Minister. Signed six agreements worth around USD 50 million that includes setting up of a USD 30 million super speciality hospital in Beit Sahur. Construction of a centre for empowering women.Now, Coming over the appeasement in our country of which UPA has been champion of champions.Appeasement politics for narrow self-interest was the biggest enemy of inclusive growth of the minorities. The Modi government in the last four years has created an atmosphere of trust among all sections of society by adopting policy of empowerment without appeasement.INDIAN ARMY ROARING BACKIndian army has rediscovered itself. It has regained its previously dwindling morale due to the policies of erstwhile regime.On 29 September, eleven days after the Uri attack, the Indian army reported it conducted surgical strikes against suspected militants in Pakistan administrated Kashmir. Lt Gen Ranbir Singh, Indian Director General of Military Operations (DGMO), said that it had received "very credible and specific information" about "terrorist teams" who were preparing to "carry out infiltration and conduct terrorist strikes inside Jammu and Kashmir and in various metros in other states". The Indian action was meant to pre-empt their infiltrationIndian counter-insurgency operation in MyanmarOn 10 June India conducted surgical strikes against terrorist camps along the Indo-Myanmar international border, and inflicted significant casualties.Indian media reported the casualty figure is up to 158.Pak forces request BSF to stop retaliatory firing[3]MAKING MIDDLE-CLASS AND POOR SELF-DEPENDENTFirstly, attacking the rich class whose treasure was built on the pillar of Black-MoneyDemonetisationKnocks out fake currency out of circulation in one stroke.Drought for Hawala sourcesKashmir back to normalcyReduction in Fiscal DeficitMoving towards Cashless IndiaSecondly. providing opportunities to poor be self-dependent.MISSION NEW INDIA ‘2022’Pradhan Mantri Aawas Yojana - Gramin :Under the PM Aawas Yojana Gramin affordable housing scheme, central government aims to develop 3 Crore homes by the year 2022 in rural areas for poor families including BPL. Under the scheme, the government will provide financial assistance to the poor home buyers, interest subsidy on home loan and direct subsidy on homes bought under the scheme.Skill India :To fast track skill development efforts. The aim is to skilled 300 million by 2022. Four initiative were launched till today. The main goal of Skill India Program is to create opportunities, space and scope for the development of talents of the Indian youth.Make in India :This was more of a slogan than a campaign coined by the Prime Minister Narendra Modi to ensure self sufficiency in the field of mass production. The vision has been to attract global investors to invest in domestic market and thus create India a manufacturing hub for the entire world.Make in India would also ensure that there are sufficient job opportunities for the national youth who are struggling to get a decent job in order to compete with their international counterpartsStartup India, Standup India :To provide support to all start-up businesses in all aspects of doing business in India. This encourage the youth and also increase the employment in the country.Pradhan Mantri Jan Dhan Yojana :To achieve 100% financial inclusion through banks to reduce corruption which indirectly will help poor peoples. 22 crore bank accounts have been opened so far. The scheme was mostly targeted to the people belonging to the Below Poverty Line but is beneficial to everyone who does not have a bank account.Mudra Bank Yojana :Stands for micro unit development. Loans between 50000 to 10 lakh rupees provided. This will boost poor people to utilize their skill. As per the official website of PMMY, 27344053 number of loans have been sanctioned under the scheme till 26 February 2016. The amount sanctioned has reached more than Rs. 1 Lakh Crore.Pradhan Mantri Ujjwala Yojana :To provide LPG connection to 5 crore BPL families. Financial support of Rs. 1600 per family. Allocated Rs. 8000 crore for 3 years. According the estimates, about 1.50 Crore BPL families will be benefited under the scheme in the year 2016-17. The scheme will cover 3.5 Crore more BPL families in the next two years.Deen Dayal Upadhyaya Gram Jyoti Yojana :To achieve 100% electrification. Has an outlay of 76000 crore rupees. It will help in providing round the clock power to rural households and adequate power to agricultural consumers.All villages in India electrified: PM[4]Let’s come forward to make India a Digital IndiaDigital India consists of three core components,development of secure and stable digital infrastructuredelivering government services digitallyuniversal digital literacyThe Modi Government specifically targets nine 'Pillars of the Digital India' as follows:Broadband HighwayUniversal Access to Mobile connectivityPublic Internet Access ProgrammeE-Governance, reforming Government through TechnologyE-Kranti, electronic delivery of servicesInformation for AllElectronics ManufacturingIT for JobsEarly Harvest ProgrammesHe was brave enough to implement the Goods and Services Tax (GST)Helped in reducing tax evasion:All the distributors will prefer purchase with invoices, because that would give them better profit margins as the distributor will get credit of all the taxes paid at the previous stage. Currently, it is the distributor who has to bear the burden of the excise duty. So if the customer insists on taking the bill, we can presume that the tax evasion should fall. This will indeed be the biggest advantage of GST.Removal of location bias approach:GST would help to even out the tax structures across various states, omitting location bias. As taxes should not be a hindrance to the investment decision of an individual, introduction of GST would help an investor to put up business units in any state without the worry of tax difference. This would boost the business in undeveloped locations as well.Lesser incentive for tax evasion:Currently, taxes are being paid on the entire underlying value of a product or service, but with GST, companies will have to pay tax only on the value-addition. This would lead to reduction in the actual tax paid and also decrease the incentive for evasion.Unified market:With the implementation of GST, there will be cut down of individual taxes imposed by the central government as well by the states. This would lead to a unified market and would boost the movement of goods across states with drop in the business costs.Increase in State revenues:GST will expand the tax base and thereby lead to increase in the revenues available at the states’ and centre’s disposal. This would thereby help in increasing the resources of the poorer / consumer states like, Bihar, Uttar Pradesh and Madhya Pradesh will increase substantially.Improvement in tax governance:GST would improve tax governance in two ways. One it is related to self-policing incentive inherent to a valued-added tax that can work very powerfully in the GST. The second relates to the dual monitoring structure of GST, one by the States and the other by the Centre.GST will bring in transparent and corruption-free tax administration, removing the current shortcomings of the supply chain owing to the multi-layered policies. GST is not only investor or business friendly but also consumer friendly. GST is the need of the hour and any hindrance to its enactment is clearly unjustified and not in national interest. Critics argue about the feasibility of implementing GST. But one should always remember that there is no reform that is perfect. It is important that we start with the current bill and gradually improvise the same in due course.MESSAGE TO ALL-No person is perfect and never been perfect in this world of billions. So, why to be so stupid and expect Narendra Modi to be so. He too have some limitations. Infact, Stop being a moron and think for him while like you think for you friends, and families. Is he is alone enough to change our country alone. Okay, take some of his honest Ministers, MPs, CMs, MLAs, and party members too.But, ARE THEY ENOUGH?NO. A BIG NO.It’s time to be that responsible citizen of OUR COUNTRY who actually want to work for country just not for his betterment but also for making it perfect than any country.Changing ourselves take long time when we try to change ourselve one day.Now, He has decided and is commited to work for the best of our country internally and externally both and to change it completely.So, don’t he deserve some more time. Why are we being so poor here.Don’t be blind and don’t get stuck in the river of appeasement flowing directly from the source of people for whom India is a not more than a country on which only they can rule.Get out of it and try to see and observe that ray of hope through which you can see the India of our dreams.Come Forward and Support theRAY OF HOPE - SHREE NARENDRA DAMODARDAS MODIFoot Notes-List of international prime ministerial trips made by Narendra Modi - WikipediaForeign policy of the Narendra Modi government - WikipediaPak forces request BSF to stop retaliatory firing - Times of IndiaAll villages in India electrified: PM - Times of IndiaThank youPeriod.Footnotes[1] http:// international prime ministerial trips made by Narendra Modi[2] Foreign policy of the Narendra Modi government - Wikipedia[3] Pak forces request BSF to stop retaliatory firing - Times of India[4] All villages in India electrified: PM - Times of India