[MOMC] ebanking-first commercial bank of eIndia
Dushyanth
Money does not like being left stagnant it defies the purpose for its existence..
Hence the thought of ebanking in eindia..!!
MOF is giving loans @1% interest from the treasury .Now what about the money that is left with the people of eIndia that is just stacking in their accounts and doing nothing there!!
IDEA: people who feel that their INR is getting wasted can keep their money in the bank ...they get the interest per week(On the min. amount in their account for that week)
Advantage : INR of common people will increase.
The bank will pay some amount to the treasury too..
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It is a basic idea to make every penny count!! if approved and MOF thinks it can be a success then I can work out the structure in detail!!
This will reduce the burden on small loans for the MOF..
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**Accumulated wealth is saved by spending just as incoming fresh water is saved by letting out stagnant water - chanakya(vishnu gupta)
inspiration to write articles..
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Please make it a habit to vote, comment, shout(in your military unit and friends feed as well
😛) and subscribe the articles you read and encourage media in eIndia. Thank you very much for reading!
Comments
Voted.
Dr. Pedro started a bank in India. I donno how success that has been so far. Great idea though.
eBarclays capital? \o/ \m/
voted and subscribed... good job mate... make money flow to the common people
Just an idea..because yesterday kismu and i were discussing on loans..and in the class we were discussing economics of India and privatization..So felt it would be helpful here too..🙂
@Trojan: hehe..that would be great ain't it..😛
Good stuff, I hope newbies use the scheme to help benefit themselves and the gov.
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i just want to know how you can pay interest
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just tell me that what if u get banned and how can we trust ?? (just a point, no offense)
If this plan is with a trusted old guy than only we can trust....
finally someone to look after the economy....
voted
voted and subscribed
same question as zagarius. how do u plan on paying interest on deposits, coz all the old methods are not valid anymore. Mm is in shit. : (
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Best Of Luck,Im with ya!!