💣THREAD: on Birth Anniversary of Arun Jaitley Ji & Ratan Tata.
HOW BIG CRISIS IN BHARAT's NBFC SECTOR WAS AVERTED! GAME WELL PLAYED BY #Modi SARKAR!😍
Topic- Why TATA SONS surrendered its registration to RBI after repaying ₹20300 Crore debt to REMAIN UNLISTED PVT ENTITY!
1/7
HOW BIG CRISIS IN BHARAT's NBFC SECTOR WAS AVERTED! GAME WELL PLAYED BY #Modi SARKAR!😍
Topic- Why TATA SONS surrendered its registration to RBI after repaying ₹20300 Crore debt to REMAIN UNLISTED PVT ENTITY!
1/7
Was it wilful repayment?
NO! IT WAS INDIRECT COMPULSION!
Why? Ask yourself a question.
WHY ISN'T TATA SONS READY TO CONVERT INTO PUBLIC LTD CO?
Tata Sons is parent company of Tata Group & holds bulk shareholding in Tata Group. Earns dividends & brand loyalty fees from it.
2/7
NO! IT WAS INDIRECT COMPULSION!
Why? Ask yourself a question.
WHY ISN'T TATA SONS READY TO CONVERT INTO PUBLIC LTD CO?
Tata Sons is parent company of Tata Group & holds bulk shareholding in Tata Group. Earns dividends & brand loyalty fees from it.
2/7
Means NO ACTIVE BUSINESS. From where does it get funds to invest? By borrowing from Public Sector Banks & NBFCs.
IMAGINE THIS HUGE AMOUNT TURNING NPA at some specific time.
WOULDN'T IT'VE RUINED NBFC SECTOR?
Btw... allegedly Tata Group holds FDs with Pvt & Foreign Banks!
3/7
IMAGINE THIS HUGE AMOUNT TURNING NPA at some specific time.
WOULDN'T IT'VE RUINED NBFC SECTOR?
Btw... allegedly Tata Group holds FDs with Pvt & Foreign Banks!
3/7
It was necessary to bring Tata Sons to bring in ambit of Public Ltd Company to bring more transparency which Tata Sons was not ready to abide for reason best known to it or suspicious minds like me.
So Modi Sarkar started the game in coordination with RBI.
4/7
So Modi Sarkar started the game in coordination with RBI.
4/7
In Sept 2022, RBI classified Tata Sons, a core investment company that borrows funds from banks and markets to invest in its group companies, as an NBFC-Upper Layer (NBFC-UL) And...as per RBI regulations, an NBFC-UL MUST BE LISTED WITHIN 3 YEARS OF THIS CLASSIFICATION.
5/7
5/7
Now Tata Sons had no option! Either repay loans to come out of NBFC-UL or Convert into Public Ltd Company.
It preferred repayment. NBFC Sector saved from a huge probable setback.
Big Credit also to Late Arun Jaitley Sir!
For what?
6/7
It preferred repayment. NBFC Sector saved from a huge probable setback.
Big Credit also to Late Arun Jaitley Sir!
For what?
6/7
For ensuring Rotten Tata not taking back reigns of Tata Group after Rotten's successful coup against Late Cyrus Mistry. Coup FOR taking Tough Financial Decisions TO PULL OUT Tata Group from Financial Stress!
Why was Rotten Tata so eager to throw out a person who was trying to SAVE sinking Tata Group? Find answer for this & you may understand why did I say MODI SARKAR HAS SAVED NBFC by indirectly forcing Tata Sons to repay debts.
If you still have doubts on CREDENTIALS of Rotten Tata, go through the threads by @vijaygajera , @thehawkeyex & @Starboy2079 explaining Rotten Tata's funding to SOME forces who are always after derailing Bharat's Progress while compromising Bharat's Financial & National Security. You may understand how closely our Financial Sector is SAVED by Modi Sarkar today!
7/7
Why was Rotten Tata so eager to throw out a person who was trying to SAVE sinking Tata Group? Find answer for this & you may understand why did I say MODI SARKAR HAS SAVED NBFC by indirectly forcing Tata Sons to repay debts.
If you still have doubts on CREDENTIALS of Rotten Tata, go through the threads by @vijaygajera , @thehawkeyex & @Starboy2079 explaining Rotten Tata's funding to SOME forces who are always after derailing Bharat's Progress while compromising Bharat's Financial & National Security. You may understand how closely our Financial Sector is SAVED by Modi Sarkar today!
7/7
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