Discover and read the best of Twitter Threads about #ShaktikantaDas

Most recents (6)

👉#RBI keeps interest rates unchanged at 4 pc; to continue with accommodative stance as long as necessary

👉Aggregate supply is still below pre-covid levels. There is a broad-based recovery in aggregate demand

#ShaktikantaDas #RBIPolicy
👉Consumer confidence for the year ahead has returned to 'optimistic' from historic lows

👉Projection for real GDP growth retained at 9.5% for FY22

#ShaktikantaDas #RBIPolicy
👉Interest rates unchanged, monetary policy stance remains 'accommodative' as five out of six MPC members vote in favour of it

👉Action aimed at prioritising growth and addressing distress in economy

#ShaktikantaDas #RBIPolicy
Read 8 tweets
#StockMarket | Stocks of Indian hotel companies surge after #RBI announces liquidity boost

businessinsider.in/stock-market/m…

By @jainrounak Image
@jainrounak #RBI announced a fresh round of liquidity boost for the hotel industry, as well as tourism and travel operators, which has been amongst the most-severely hit industries due to the #COVID19Pandemic. In response, stocks of hotel companies zoomed by up to 20%.

#StockMarket
@jainrounak In his announcement, #RBI governor #ShaktikantaDas revealed that the liquidity window of an additional â‚ą15,000 crore will remain open till March 31, 2022.

#StockMarket
Read 9 tweets
#RBI leaves rates unchanged as it lowers #GDP growth projection to 9.5%, targets 5.1% inflation

#RBIPolicy #ShaktikantaDas

businessinsider.in/finance/news/g…

By @pabsgill Image
@pabsgill Unlike the first wave where the economy came to standstill under a national wide lockdown, the impact on economic activity is expected to be relatively contained in the #SecondWave with restrictions on mobility being regionalised and nuanced: Shaktikanta Das.

#RBI #RBIPolicy
@pabsgill “The favourable base effects that brought about the moderation in headline inflation by 1.2% in April may persist through the first half of the year conditioned by progress in #Monsoon and effective supply side interventions by the government.” said RBI governor, Shaktikanta Das.
Read 4 tweets
#RBIPolicy | RBI leaves repo rate unchanged at 4% Image
#RBIPolicy | RBI leaves reverse repo rate unchanged at 3.5%, maintains accommodative stance
The MPC’s mandate is to keep inflation within the prescribed limits of 2% to 6%. The wholesale price index (WPI), which was at 2.5% in January, has grown nearly five-fold to hit 10.5% in April.

#RBIPolicy #ShaktikantaDas
Read 12 tweets
Economic recovery is not fully entrenched; recovery to be gradual, says RBI Governor #ShaktikantaDas (News agency: PTI)
Persistently large liquidity infusion by RBI has ensured large borrowing by the government at low rate and in non-disruptive manner - #ShaktikantaDas (News agency: PTI)
#RBI stands battle ready to take whatever steps need to be taken for the economy: RBI Governor #ShaktikantaDas (News agency: PTI)
Read 4 tweets
Debt resolution framework is expected to give durable relief to borrowers facing #COVID-related distress: RBI Governor #ShaktikantaDas

#COVID19

(PTI)
"Considerable room for improvement in banks to avoid frauds"

"Being overly risk-averse is self-defeating for banks"

"Consolidation of PSBs a step in right direction"

"Size of banks is essential, but efficiency is even more important"

- @RBI Governor @DasShaktikanta (PTI)
@RBI @DasShaktikanta .@RBI Governor @DasShaktikanta tells banks that regulatory easing cannot be 'permanent' — only meant to deal with #COVID19

businessinsider.in/finance/banks/… Image
Read 3 tweets

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