Discover and read the best of Twitter Threads about #MCLR
Most recents (3)
Post #Stimulus of Rs 30 lakh Cr last year,akin to 15% of GDP, Finance Minister announced slew of measures to ease stress on #Covid affected sectors,including Loan Guarantee Scheme of Rs 1.1 lakh Cr
#ECLGS amount hiked from Rs 3 lakh Cr,to 4.5 lakh Cr 💪
@narendramodi govt,cares
#ECLGS amount hiked from Rs 3 lakh Cr,to 4.5 lakh Cr 💪
@narendramodi govt,cares
Credit Guarantee Scheme is an excellent measure to help Micro Lending Institutions,with interest rate on loans from banks capped at #MCLR+2% only
Focus on new lending rather than repayment of old loans,a big step
This is #AatmaNirbharBharat 4.0 by @narendramodi govt💪
#Economy
Focus on new lending rather than repayment of old loans,a big step
This is #AatmaNirbharBharat 4.0 by @narendramodi govt💪
#Economy
Besides provision of 2.3 lakh Cr for #Health sector in Union Budget 2021-22,Rs 35000Cr towards spend on #Covid,#NirmalaSitharaman again announced Rs50000Cr for Health Sector&Rs60000Cr for other sectors,with interest rate capped at 8.25%,which bodes well
@narendramodi govt cares
@narendramodi govt cares
#RBIPolicy at 12pm today,is likely to keep status quo on #REPO rate, which was last lowered by 40bps in May 2020,to 4%
In 2020,REPO cut by a total of 115bps
In 2019 REPO cut by 135bps
What may weigh on #MPC's mind is #Inflation,which was 6.09% in June 2020 Vs 5.84%,in March'20
In 2020,REPO cut by a total of 115bps
In 2019 REPO cut by 135bps
What may weigh on #MPC's mind is #Inflation,which was 6.09% in June 2020 Vs 5.84%,in March'20
Some like #ICRA predicting 25bps REPO cut,saying #RBI may want to be ahead of the curve,despite build up of inflationary pressures
Well,10 Yr #BondYield was 5.83% y'day
Today 10 Yr@5.84%--Bond markets are clearly not expecting rate cut
#REPO at 4%,is already lowest in 20yrs
Well,10 Yr #BondYield was 5.83% y'day
Today 10 Yr@5.84%--Bond markets are clearly not expecting rate cut
#REPO at 4%,is already lowest in 20yrs
As expected, #RBIPolicy leaves #REPO& Reverse REPO unchanged
Right thing to do,as further reduction in rates at this stage, would have distorted #YieldCurve
Already,3 month #MCLR of #SBI is 6.65%& 1 yr at 7%
#MonetaryTransmission is happening,so more cuts not needed currently
Right thing to do,as further reduction in rates at this stage, would have distorted #YieldCurve
Already,3 month #MCLR of #SBI is 6.65%& 1 yr at 7%
#MonetaryTransmission is happening,so more cuts not needed currently
YesBank's 15000Cr #FPO opens on 15thJuly,with 200Cr for employees
#SBI holds 48%+ stake &will invest 1760Cr in FPO
15000Cr will boost #CET-1 of Yes
Brilliant execution by @narendramodi govt--in just 5 months since it exploded, turnaround of #YesBank,tells you how it is done💪
#SBI holds 48%+ stake &will invest 1760Cr in FPO
15000Cr will boost #CET-1 of Yes
Brilliant execution by @narendramodi govt--in just 5 months since it exploded, turnaround of #YesBank,tells you how it is done💪
Govt to invest Rs12450Cr in National,United&Oriental Insurance, with their merger being called off for now
23 #CPSEs of govt to invest Rs1.65 lakhCr in FY21
6195.08Cr given as #RevenueDeficit grant by Union,to States
@narendramodi govt working on multiple fronts,despite #Covid
23 #CPSEs of govt to invest Rs1.65 lakhCr in FY21
6195.08Cr given as #RevenueDeficit grant by Union,to States
@narendramodi govt working on multiple fronts,despite #Covid
