Discover and read the best of Twitter Threads about #CRR
Most recents (4)
[📊Report] The 60 largest banks are exposed to $1.35tn in fossil fuel assets whose value will drop in the transition to #netzero.
If we treated them as 'higher risk' under #Basel3, the banks' capital increase would take 3-5 months of retained profits without reducing lending
1/9
If we treated them as 'higher risk' under #Basel3, the banks' capital increase would take 3-5 months of retained profits without reducing lending
1/9
Using the annual reports of 60 of the world biggest banks, we have estimated their exposures to fossil fuel assets - indisputably #StrandedAssets. We found levels similar to the 2008 banks exposures to #subprime mortgages. The threat of a #fossilsubprimes crisis is a reality
2/9
2/9
Until bank capital rules reflect it, this risk will increasingly threaten financial stability, leaving taxpayers exposed to shouldering new bailouts. Fossil fuel assets should be treated as “higher risk” and assigned a risk weight of 150% in line with the #BaselFramework.
3/9
3/9
RBI Governor leaving Repo unchanged at 4%,ReverseRepo@ 3.35%&Marginal StandingFacility@ 4.25%,on expected lines
Interestingly,MPC voted for status quo unanimously,which is good news
GDP growth projected at 10.5% in FY22,Vs Modi Govt's projection of 11%&IMF's 11.5%
#CreditPolicy
Interestingly,MPC voted for status quo unanimously,which is good news
GDP growth projected at 10.5% in FY22,Vs Modi Govt's projection of 11%&IMF's 11.5%
#CreditPolicy
Despite a massive Rs 12 lakh Cr of govt borrowings estimated in FY22,the good thing is,weighted average cost of funds has been 5.78%,so @narendramodi govt will be able to borrow at competitive rates
Accommodative Stance by RBI Governor,bodes well
Reserve money rose by 14.5% YoY
Accommodative Stance by RBI Governor,bodes well
Reserve money rose by 14.5% YoY
Enough #Liquidity there in system,in LAF window,with banks provided addnl liquidity of Rs 1.53 lakh Cr
Hence,#CRR will be hiked back to 3.5% from 27th March 2021&to 4% from 22nd May,2021
For 1HFY22,#Inflation projected at 5-5.2%,from earlier range of 4.6-5.2%
#RBICreditPolicy
Hence,#CRR will be hiked back to 3.5% from 27th March 2021&to 4% from 22nd May,2021
For 1HFY22,#Inflation projected at 5-5.2%,from earlier range of 4.6-5.2%
#RBICreditPolicy
#AatmaNirbharBharatAbhiyan
Based on 👇
Land,Labour,Liquidity&Laws that are not isolationist but inclusive
Ease of Doing Business
DBT,JanDhan,Aadhar, Micro Insurance,Ujjwala Yojana, Ayushman Bharat, PM Awaas Yojana,PM FasalBima Yojana,Krishi Sinchai,Swachh Bharat--Key Landmarks
Based on 👇
Land,Labour,Liquidity&Laws that are not isolationist but inclusive
Ease of Doing Business
DBT,JanDhan,Aadhar, Micro Insurance,Ujjwala Yojana, Ayushman Bharat, PM Awaas Yojana,PM FasalBima Yojana,Krishi Sinchai,Swachh Bharat--Key Landmarks
GST,IBC&PSU Bank Recapitalisation in last 6 yrs,have been big reforms
52606Cr given via #DBT to 41Cr #JanDhan holders
Free wheat&rice to 69Cr ration card holders
18000Cr tax refunds given
Free cylinders to 8Cr #Ujjwala holders
#20lakhcrores #COVIDー19
#atmanirbharbharat
52606Cr given via #DBT to 41Cr #JanDhan holders
Free wheat&rice to 69Cr ration card holders
18000Cr tax refunds given
Free cylinders to 8Cr #Ujjwala holders
#20lakhcrores #COVIDー19
#atmanirbharbharat
Project DevelopmentCells,working for Promotion of Champion Sectors,in States
#MakeInIndia&Upgradation of Industrial Infra,a success&more will be done to #Decongest economy
3376 SEZs&IndustrialParks with 5 lakhhectares,to be ranked& mapped,in terms of readiness for competition
#MakeInIndia&Upgradation of Industrial Infra,a success&more will be done to #Decongest economy
3376 SEZs&IndustrialParks with 5 lakhhectares,to be ranked& mapped,in terms of readiness for competition
@RBI reduces #Repo rate by 75 basis points @aparanjape @c_aashish @Girbane @arungiri @ParagKMT @ShreedharLoniMT @IM_HiteshShah @nainitalwali @MCCIA_Pune @yashodhanpanse @V_Anawalikar
#reporate now stands at 4.40
#Reverserepo cut by 90 basis points
