The ₹91,000 Cr Scam India Forgot !!
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India’s financial system once came dangerously close to collapse…
Not because of one stock market operator.
Not because of one bank.
But because of a ₹91,000 crore financial giant that almost nobody talks about today.
IL&FS was once considered “too big to fail.”
It had:
● AAA ratings
● Government-linked shareholders
● LIC, SBI & major institutions backing it
● Hundreds of infrastructure projects across India
And yet... everything collapsed.
In this video, we break down:
● The complete IL&FS scam story
● How India’s money markets froze
● Why rating agencies failed
● The hidden role of auditors & regulators
● How 347 companies became a financial maze
● Why many compare IL&FS to Lehman Brothers
● How DHFL, Yes Bank & NBFCs got affected
● What every investor must learn from this collapse
We also explain:
● Shadow banking in simple language
● AAA ratings & why they can still fail
● Moral hazard in finance
● How public money gets affected in such crises
● The real cost of financial frauds in India
This is not just the story of one company.
This is the story of how trust broke inside India’s financial system.
Watch till the end to understand one of the biggest corporate collapses in Indian history.
#ILFS #StockMarket #HarshadMehta #Scam1992 #LehmanBrothers #IndianEconomy #FinancialCrisis #NBFC #DHFL #YesBank #Finance #BusinessCaseStudy #Finnovationz
via https://www.youtube.com/watch?v=7dQQa91RLls
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