#180: Banking 101, Finance & Indian Economy ft. Prasanna Tantri

How does the banking system actually work? Why do banks fail? What determines interest rates, inflation, and economic growth? In this episode of Know Time, economist and finance expert Prasanna Tantri breaks down the fundamentals of banking, finance, and the Indian economy — explaining the complex systems that power everyday life. From how banks create money and give loans to understanding bad loans, the RBI, financial crises, and India's economic growth story, this conversation is a beginner-friendly guide to understanding the financial machine behind the world's fifth-largest economy. Prasanna Tantri explains:How banks make money and create creditWhy banking crises happenThe Twin Balance Sheet Crisis in IndiaHow NPAs and bad loans affect the economyThe role of the RBI and monetary policyHow interest rates impact businesses and consumersThe strengths and challenges of India's financial systemWhat India needs to become a developed economy Whether you're a student, entrepreneur, investor, or simply curious about how money moves through the economy, this episode will help you understand the hidden mechanisms behind banking and finance. Subscribe to Know Time for deep conversations with leading economists, scientists, entrepreneurs, artists, and thinkers. Prasanna: https://www.isb.edu/faculty-and-research/faculty-directory/prasanna-tantri SUPPORT:Patreon: https://www.patreon.com/knowtimeAnchor: https://anchor.fm/knowtime/supportYoutube Membership: https://www.youtube.com/channel/UCJ-937lA3_s2g5AxdpKQjVg/joinMerch: https://know-time-shop.fourthwall.com/ PODCAST:Anchor: https://anchor.fm/knowtimeSpotify: https://open.spotify.com/show/2CjRJPktODLDeHavCNDLGAApple Podcasts: https://podcasts.apple.com/us/podcast/know-time/id1535371851?uo=4 CONNECT:Youtube: Subscribe!Instagram: https://www.instagram.com/knowtimetofly/Instagram (Personal): https://www.instagram.com/shalajlawania/Twitter: https://twitter.com/knowtimetoflyTwitter (Personal): https://twitter.com/shalajlawaniaFacebook: https://www.facebook.com/knowtimetoflyReddit: https://www.reddit.com/r/knowtimetofly/ Blog: http://www.sadisticshalpy.com/ Producer & Host: Shalaj Lawania TIMELINE0:00 Trailer2:28 Introduction4:00 Indian Banking 10113:31 Prasanna’s Journey & Problems With Credit Scores27:09 Twin Balance Sheet Banking Crisis in India 44:31 Economics 101: Keynes vs. Friedman1:01:06 Consequences of Debt Waivers in Politics1:10:04 Impact of Human Behaviour & Psychology on Economy1:16:15 Can Machine Learning Replace Lending Officers?1:26:33 Modi Government: Pros & Cons1:33:02 How Does India Actually Grow?1:43:47 Why Did Farmers Protest in India?1:53:52 Depreciation of the Indian Rupee2:12:31  Lego, Inspirations, Legacy & Meaning of Life #finance #economy #economics