Discover and read the best of Twitter Threads about #creditcost
Most recents (3)
Critics have asked,wrt #Budget2021, how will @narendramodi govt manage finances
Well,for every rupee in govt coffers, 53paise will come from direct& indirect taxes,36p from borrowings &other liabilities,6p from non-tax revenue like disinvestment&5p from non-debt capital receipts
Well,for every rupee in govt coffers, 53paise will come from direct& indirect taxes,36p from borrowings &other liabilities,6p from non-tax revenue like disinvestment&5p from non-debt capital receipts
GST will contribute 15paise in every rupee revenue,corporate tax will contribute 13paise to each rupee earned;8paise for every rupee,will come from union excise duty,3paise from customs duty&income tax will yield 14paise to every rupee collected
Fiscal math has been worked out💪
Fiscal math has been worked out💪
On #Expenditure side,biggest outlay is for interest payments at 20paise for every rupee,followed by States' share of taxes&duties@16paise
Allocation for #Defence is 8paise &Expense on Central schemes is 14p, while allocation for Central schemes is 9paise
#Budget2021 #Modinomics
Allocation for #Defence is 8paise &Expense on Central schemes is 14p, while allocation for Central schemes is 9paise
#Budget2021 #Modinomics
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
#ICICIBank to raise capital;Last time it raised capital was 20000Cr,in 2007
Capital Raising in 2020👇
#SBI to raise 20000Cr
#BoB,13500Cr
#AxisBank,15000Cr
L&T Finance,2000Cr
#HdfcLtd to raise 14000Cr
#KotakMahindraBank has already raised 7442.5Cr,#IDFC,2000Cr&JM Finance,770Cr
Capital Raising in 2020👇
#SBI to raise 20000Cr
#BoB,13500Cr
#AxisBank,15000Cr
L&T Finance,2000Cr
#HdfcLtd to raise 14000Cr
#KotakMahindraBank has already raised 7442.5Cr,#IDFC,2000Cr&JM Finance,770Cr
#IndianBanks are expected to raise between $20-$50bn in 2020
#Fitch says,Indian banks need about $20bn,with PSBs alone needing $13bn
Capital raising by Banks is hence great news,as it will boost #CAR& bring down rising credit cost from bad loans,in aftermath of #COVID
#Banks
#Fitch says,Indian banks need about $20bn,with PSBs alone needing $13bn
Capital raising by Banks is hence great news,as it will boost #CAR& bring down rising credit cost from bad loans,in aftermath of #COVID
#Banks
Various measures by @narendramodi govt in last 6yrs have empowered Indian Banking
14000Cr to be raised by #HdfcLtd for example,will be for inorganic growth opportunities
#HdfcBank for June qtr,saw 21% growth in advances,25% in deposits,with #Casa@ 40%
Banks,looking healthier💪
14000Cr to be raised by #HdfcLtd for example,will be for inorganic growth opportunities
#HdfcBank for June qtr,saw 21% growth in advances,25% in deposits,with #Casa@ 40%
Banks,looking healthier💪
