Skip to main content

PMC Bank Crisis & Solution


Dear friends,

This is my view. You may have different views.

It is a long time since our money is blocked in PMC bank. As I understand, the bank does not have liquidity, hence the admin has given a revival plan to RBI for giving interest free loan from DICGC.

Along with this they may expect the depositors to contribute a percentage of their deposits for equity of the bank.

I don't think any merger will happen, if it happens, I would expect my money to be paid immediately.

Again I don't think this (pay out immediately) will happen.

I don't want to keep my money any longer in a co-op bank.

It the bank were to be converted to a joint stock company, I am willing to consider, investing a part of my deposit as equity of PMC bank.

My reason is as follows: 
Even after 50 years the market value of a coop bank will be same as its face value.

It is still under control of politicians. I don't trust them. 

This additional equity may also be squandered by PMC coop bank.

If a joint stock company (LTD CO) if the bank makes profit for 3 years, we can list it. 

If the bank makes a profit of 10% the market price of a 10/- share should be around 25/-

You can issue debentures, against the mortgage d property of defaulters. Trying to auction them would not give very good results.



प्रिय मित्रों,

यह मेरा विचार है। आपके पास अलग-अलग विचार हो सकते हैं।

यह एक लंबा समय है जब हमारा पैसा पीएमसी बैंक में अवरुद्ध है। जैसा कि मैं समझता हूं, बैंक में तरलता नहीं है, इसलिए डीआईसीजीसी से ब्याज मुक्त ऋण देने के लिए एडमिन ने आरबीआई को एक पुनरुद्धार योजना दी है।

इसके साथ ही वे जमाकर्ताओं से बैंक की इक्विटी के लिए अपनी जमा राशि का एक प्रतिशत योगदान करने की उम्मीद कर सकते हैं।

मुझे नहीं लगता कि कोई भी विलय होगा, अगर ऐसा होता है, तो मुझे उम्मीद है कि मेरे पैसे तुरंत भुगतान होंगे।

फिर मुझे नहीं लगता कि यह (तुरंत भुगतान करना) होगा।

मैं अपने पैसे को किसी को-ऑप बैंक में नहीं रखना चाहता।

बैंक को एक संयुक्त स्टॉक कंपनी में परिवर्तित किया जाना था, मैं पीएमसी बैंक की इक्विटी के रूप में अपनी जमा राशि का एक हिस्सा निवेश करने पर विचार करने को तैयार हूं।

मेरा कारण इस प्रकार है:
50 वर्षों के बाद भी कॉप बैंक का बाजार मूल्य उसके अंकित मूल्य के समान होगा।

यह अभी भी राजनेताओं के नियंत्रण में है। मुझे उन पर भरोसा नहीं है।

यह अतिरिक्त इक्विटी PMC कॉप बैंक द्वारा भी भेजी जा सकती है।

यदि एक संयुक्त स्टॉक कंपनी (लिमिटेड CO) यदि बैंक 3 साल के लिए लाभ कमाता है, तो हम इसे सूचीबद्ध कर सकते हैं।

यदि बैंक 10% का लाभ कमाता है, तो 10 / - का बाजार मूल्य 25 / - के आसपास होना चाहिए।

आप डिफॉल्टरों को, डिफॉल्टरों की गिरवी संपत्ति के खिलाफ डिबेंचर जारी कर सकते हैं। उन्हें नीलाम करने की कोशिश बहुत अच्छे परिणाम नहीं देगी।

Comments

Post a Comment

Popular posts from this blog

China, the big bully

Big bully.  Indian and Chinese troops have been locked in a bitter military stand off in at least four areas in eastern Ladakh for a month.  While both countries have eventually held diplomatic talks to resolve the stand off by way of peaceful discussion, the bilateral relations continue to be at an all time low, say almost hostile. This development is not really new what  with our bigger neighbour being conniving since long and playing under-the-table politics.   China achieved super power status sometime recently largely by giving loans to poor, needy countries along with collateral and thus making a foothold within, when the borrowing countries are unable to repay the debt. China has used this tactic so often that today countries like Djibouti, Tonga, Maldives, Republic of Congo, Kyrgyzstan, Cambodia, Niger, Laos, Zambia, Samoa, Varuato, Mongolia, etc, owe debt of at least 20% of their nominal GDP to China. However no official data exists on the resulting deb...
Post a Comment
Read more

Banks the new hub for Corona virus.

Banks would be a hub for Corona virus very soon. The rush in the banks have been increased manifold. Any one who visited any nationalised bank recently might have noticed this unusual crowd. The staff remain helpless to handle the excessive footfalls in the bank premises. Most of the people are visiting the branches just to inquire something. Some have been confused by fake news spread. Few reasons I found are: 1. To Inquire and avail a covid support loan. 2. To request for moratorium  3. NHG/SHG group loan inquiry as well as documentaion. 4. Balance enquiry 5. Pass book printing 6.To confirm receipt of Rs. 500 X 3 sent by Central Govt. 7.To confirm receipt of LPG grant of ujjwal yojana. 8. To confirm receipt of LPG Subsidy in accounts. 9. To confirm receipt of PM Kisan fund. 10. To confirm receipt of  scholarships in students account. 11. To confirm receipt of pension. 12. Adhaar seeding 13.A new rush started to open/ convert Jandhan Account as people started thinking that, n...
Post a Comment
Read more

Hathraz Drama

  When I was in school, a product called “Fair and Lovely” was in the market. Even today it is in market. I don't know how many girls became fair. Some girls I have seen using it are still dark. Mera Soundarya ka Raaj “Hamam” every star from Madhubala, Hemamalini .... Have said it, today they are saying it for “Dove" It is called copywriting or narrative building. Depending on who does it. If an ad agency is doing it, it is called copywriting. If, a journalist is doing it is called narrative building. If people like Romila Thapar, or Irfan Habib do it they are called historians (state sponsored). Hindus had a tradition of Shruthi and Smriti. Hear and memorise. Hence, we know India existed before Mugals and British. Out of 51 old civilization only one exists today according to UN. It is called Hindu Civilization. Most of our religious texts, still exists ever thought it was burnt by our conquerors. It is in memory of our people. Scientific evidence exists which says Maha...
Post a Comment
Read more