Discover and read the best of Twitter Threads about #creditpolicy
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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
Excellent decision by RBI to reject bids of 66473Cr from banks,for 10000Cr OMO,that was scheduled today
Banks,sitting on excess liquidity of 4.06 lakh Cr&demanding high yields
By rejecting bids,#RBI,trying to push down yields to sub 6%&coax banks to lend,to boost credit offtake
Banks,sitting on excess liquidity of 4.06 lakh Cr&demanding high yields
By rejecting bids,#RBI,trying to push down yields to sub 6%&coax banks to lend,to boost credit offtake
Next #OMO bond purchase of 10000Cr,slated for 1stOct
Last OMO under #OperationTwist for 15000Cr,was on 26thMarch'20
RBI,injecting liquidity regularly via #OpTwist,wherein it buys long dated paper&sells short term paper
@narendramodi gov's efforts to flatten rate curve,laudable
Last OMO under #OperationTwist for 15000Cr,was on 26thMarch'20
RBI,injecting liquidity regularly via #OpTwist,wherein it buys long dated paper&sells short term paper
@narendramodi gov's efforts to flatten rate curve,laudable
MPC to meet between 29thSep-1stOct'20
#RBI slated to keep status quo¬ lower rates--While Aug CPI at 6.69% is lower than July #RetailInflation of 6.93%,fact is,#CPI is still on higher side
RBI expected to continue with quantitative easing though,by doing #OMOs
#CreditPolicy
#RBI slated to keep status quo¬ lower rates--While Aug CPI at 6.69% is lower than July #RetailInflation of 6.93%,fact is,#CPI is still on higher side
RBI expected to continue with quantitative easing though,by doing #OMOs
#CreditPolicy
#Farmers are standing up for some basic needs, the #FarmersBillOfRights. We need these in order to survive as producers & caretakers of our shared land, water, soil, & communities. Join our fight!
Thanks to the original co-sponsors: @RepDebHaaland, @chelliepingree & @CoryBooker
Thanks to the original co-sponsors: @RepDebHaaland, @chelliepingree & @CoryBooker
@RepDebHaaland @chelliepingree @CoryBooker Learn more about the #FarmersBillOfRights by reading this quick synopsis: bit.ly/3bjDITB
@RepDebHaaland @chelliepingree @CoryBooker 1) RIGHT TO FAIR, OPEN MARKETS: We need #competitive marketplaces to buy seeds, supplies & goods, & sell the fruits of our labor. It's become nearly impossible for independent rural businesses to compete with multinational #monopolies. Farmers need strong #antitrust. #bustupbigag
