Discover and read the best of Twitter Threads about #rbi

Most recents (24)

The global economy has changed dramatically this year, and financial markets have turned volatile. The question on everyone’s mind now is…


#globaleconomy #financialmarkets #nifty
Will recession hit India? How will it be different from past recessions that our country has faced?

Let’s look at some data points.


#recession #india #economy
Based on the RBI’s assessment, the Real GDP projection is retained at 7.2% for FY23. This comes on the back of strong investment activity, improving bank credit and rising capacity expansion.


#rbi #gdp #centralbanks
Read 8 tweets
@indranichaudhu6 @PMOIndia @logixzestnoida @BJP4UP @prakharjazzwala @Realty_Et @TOIEditor That's the last viable option available at this juncture as every authority failed to pay heed to #CheatedHomeBuyers pleas
We hav become beggars, scamsters looted & enjoying with our hard earned tax paid money
How many of you ready to take oath to stop EMIs for this month
@indranichaudhu6 @PMOIndia @logixzestnoida @BJP4UP @prakharjazzwala @Realty_Et @TOIEditor Yes, people who r fearful about credit score, need 2 learn 4m Chinese public. If each one having loan against under construction property stops only single EMI, it should send the shivers to the banks & builders. The #RBI & govt would be forced to intervene & provide resolution
@indranichaudhu6 @PMOIndia @logixzestnoida @BJP4UP @prakharjazzwala @Realty_Et @TOIEditor People who are fearful can make payment at the end of month to protect credit score but that one EMI bounced in month of Aug should impact a lot
Next step, make associations & approach HC for EMI relief as such large scam can't run without involvement of banks
Read 12 tweets
It’s Wednesday, which means it’s time to take stock of the week so far, draw on reserves, and soldier on (and uncover some facts while at it). Today, we dissect the RBI’s recent move to allow & encourage #foreigntrade payments to be made in INR. (1/8)
It’s a long-term plus for the Indian #economy and good news for the long-term investor. So, grab that coffee from the break room, and let’s delve into the long and short of it. (2/8)
The #RBI recently issued a circular that detailed an ‘additional arrangement’ for invoicing, payment, and settlement of #exports and #imports using the Indian #rupee as currency. (3/8)
Read 8 tweets
Decoded: How the #Rupee trade settlement is tied to India’s trade deficit and forex reserves…

By @jainrounak
India is a trade deficit country, meaning it imports more than it exports — this forces the country to maintain large forex reserves. The ongoing pressure on the #Rupee and its decline against #dollar pushed #RBI to put in place a mechanism to allow international trade in rupees.
Since India is a net importer – with its imports exceeding exports by over $87 billion in 2021-22 – and the value of Indian #Rupee declining consistently, #RBI’s latest decision to allow international trade in rupees is expected to reduce the pressure on India’s forex reserves.
Read 7 tweets
Explained: International trade settlement in #Rupees and why #RBI is doing it…

By @jainrounak
#RBI’s efforts to keep the #Rupee stable and cut down the use of the US Dollar – a decades-old habit that most of the world seems unable to shake off – has seen an earnest beginning with the central bank now allowing invoicing of international trade in Rupees.

What is international trade settlement in #Rupees?

When countries import and export goods and services, they have to make payments in a foreign currency. Since the US Dollar is the world’s reserve currency, most of these transactions are entered into US dollars.

Read 8 tweets
बड़ी खबर :

भारत के सेंट्रल बैंक RBI ने भारतीय रुपये में अंतर्राष्ट्रीय ट्रेड सेटलमेंट की घोषणा की है।

इसका मतलब है कि अब से भारत विदेशी व्यापार के बदले केवल "रुपये" में भुगतान स्वीकार करेगा।

वो देश जो भारत से सामान खरीदते हैं उन्हें विश्व बैंक के पास अपनी मुद्रा को (1/2)
आईएनआर (₹) में बदलना होगा और फिर भारत को "रुपये" में भुगतान करना होगा।

इस निर्णय से अंतरराष्ट्रीय बाजारों में रुपये की मांग में वृद्धि होगी। हमारे विदेशी मुद्रा भंडार में वृद्धि होगी और रुपया मजबूत होगा।

#RBI #TrustNaMo #ModiMatters

Read 4 tweets
Today is #WorldPopulationDay, which reminds us that while #ElonMusk is determined to contribute to increasing the population, he has also managed to upset the existing one, by backing out of the Twitter deal. Good thing that the markets were more stable, than Musk’s mood. 1/7
Talking about the “impending recession” seems to be the trend. So, it was a surprise last week, when both the #Sensex & the #Nifty went ↑ by almost 3%. Potential reasons? Maybe the cooldown in the prices of #commodities. This helps sectors like #Auto, #Realty, & #FMCG. 2/7
So naturally, both the #NiftyFMCG & #NiftyRealty were ↑ over 5%. #NiftyAuto was also ↑ 3.5%. In fact, every sectoral index was painting the town green. Global indices were also mostly up. The S&P 500 was ↑ 1.94% & the #NASDAQ100 ↑ by 4.6%. 3/7
Read 7 tweets
Why #Financial #Influencer community is being hated so much?

What went wrong with them?

Let's answer all these questions in this #Thread🧵.

Tag your favorite influencers so that they can also learn from the mistake.

Like❤️ and Retweet🔄this tweet for the benefit of others.
Let's start with an analogy now.

Just imagine you are in a school and you are 6 years old. You don't have much knowledge of what is right or wrong.

Your teacher says that throwing garbage in open is bad.

So what's the probability that you will do this?

Least Likely, right?
If the teacher says that smoking and eating tobacco is not good for your health, then again you will prefer not to do this, even if your favourite actor/actress or any celebrity promotes this.

You will follow what the teacher says.
Read 27 tweets
A mega thread of threads 🧵of business / industry events we have covered so far..!! (Will be contiguously updating as and when)

Events means something of significant nature have strong impact on Co / Sector

Like Retweet Follow Share if you find valuable

#investing #StockMarket
A quick thread 🧵on Single Use Plastic Ban starting from July-22.

What it means for packaging & paper sectors?
Whether its threat or opportunity?

Read 12 tweets
RBI guidelines governing the issuance and operations of credit cards became effective from Today (except 3) ✨

This thread 🧵 will act as one stop point for checking all provisions explained in simple words 👇

Let's go 🏃
- The guidelines applies to all banks except payment banks, co-operative banks and NBFCs operating in India

[2]New entry ⭐⭐⭐⭐
- Apart from banks, NBFC can also apply for Credit card issuance if Net owned fund > 100 crore & take special approval from RBI
[3]No place to hide bank policy
- Every bank has to have a well documented board approved policy
- Which should be reviewed and audited every six months

But most importantly ⭐⭐⭐

- The policy should be displayed prominently on website, so customers can also access it
Read 26 tweets
It could be slowflation not #stagflation – and it’s better for the equity markets…

By @jainrounak
With the pandemic & the #RussiaUkraineConflict, global economies have been affected by too many factors that have made central banks alter the course too many times, resulting in confusion over which way the economy will go and the shape of recovery.

#stagflation #RBI
Experts around the world have been worried about #recession and #stagflation — a combination of slow growth, inflation and unemployment. But now, analysts at UBS suggest things are looking up, stating that the global economy could be staring at ‘slowflation’ and not stagflation.
Read 8 tweets
#RBI kept the #Rupee ‘exceptionally’ stable so far, and the tide could turn for the better say experts…

By @jainrounak Image
A looming global #recession, unprecedented #inflation and a strengthening US dollar has forced central banks around the world to use their forex reserves to keep their currencies from falling. The #RBI has done an ‘exceptional’ job of keeping the rupee stable so far, experts say. Image
Indian markets have remained relatively strong as compared to peers like #Indonesia and #Brazil. Much of this is due to the strong buying by domestic investors even as foreign investors continued to pull out record money from India.

Read 9 tweets
What factors to look for to understand which direction are #interestrates headed:

1. Total Credit in the system
2. Which gets divided into External and Internal
3. External focuses on #CAD
4. Internal: Private & Govt
5. Private - #CreditOfftake
6. Govt - #FiscalDeficit
3. External :
#CAD (Current Account Deficit - difference between country's #Imports & #Exports) goes up, #imports become expensive, rupee depreciates, bringing in imported #inflation

- interest rate tend to go up
4. Internal Credit
5. #PrivateSector - #Creditofftake goes up interest rates rise
6. Govt - #FiscalDeficit goes up interest rates rise
Read 4 tweets
India’s central bank hikes interest rates by 50 bps to fight off ‘globalised’ inflation…

By @jainrounak and @KatyaNaidu
The Indian central bank today raised its #interestrates – the second time in a month - by 50 basis points. This is higher than last month’s hike of 40 basis points and the base interest rate at which the central bank lends is now at 4.9%.

#RBI #RepoRate
"The #reporate still remains below its pre-pandemic level," @DasShaktikanta, the governor of Reserve Bank of India (RBI) said while making the announcement.

Read 6 tweets
#THREAD on #WHAT is #RBI likely to do tomorrow at the #MPC and #Why and how it would #IMPACT Markets? #RETWEET

(1) A rate Hikes I’d probably 30-40bps
(2) More #Importantly, a 25-50bp CRR Hike as well

What are the Drivers of this Decision?
RBI biggest Driver of Policy in my view is FOREX.

India is suffering Daily Forex Outflows Due to
(1) high Commodity Prices (Oil & Coal etc)
(2) FPI outflows
(3) Rising Remittances while FDI has slowed down

Recall that Jndia is still NOT added to the JPM EM debt Index (NA)
Two ways to arrest the INR depreciation is to raise Rates (REPO) or reduce Liquidity (CRR)

But we know India has a Demand Issue.

More #IMPORTANTLY, higher Rates will HURT the Govts Borrowing Cost and Eventually Raise System Deposit Rates
Read 19 tweets
8 Nov 2016: Mr. ND Modi, the Prime Minister of India announced #Demonetisation of Rs 500 and Rs 1000 banknotes

Main objective: To weed out black money from the system

Time-to-time, the goal post kept changing

Q. Did note-bandi hit any target?

▪For answer, read the thread👇
#Demonetisation Fighting Black Money

GOI: At least ₹3-4 lakh crore black money will get extinguished outside the banking system

RBI: Almost entire chunk of money that was invalidated came to the banking system(₹15.31 lakh cr out of ₹15.41 lakh cr returned to the system)
#Demonetisation To Remove The Counterfeit Currency

As per the GOI data, a total of 2,017,427 pieces of fake notes seized across the country in various denominations:
8,34,947 in 2020
2,87,404 in 2019
2,57,243 in 2018
3,55,994 in 2017
2,81,839 in 2016
Read 8 tweets
#JustIn | Finance Minister #NirmalaSitharaman said that the entire duty reduction in petrol and diesel has been done out of the RIC component of the taxes levied on petroleum products so the burden of the tax cuts will be borne solely by the Centre. | @tragicosmicomic reports
Allaying concerns that the duty cuts will lower the devolution of taxes to States, Finance Minister #NirmalaSitharaman said that the basic excise duty on petro products, which is sharable with states 'has not been touched'. | @tragicosmicomic reports
Total taxes levied on petrol and diesel include a Basic Excise Duty, a Special Additional Excise duty, the Road & Infrastructure Cess and Agriculture & Infrastructure Development Cess, of which only BED is sharable with States, the minister pointed out. | @tragicosmicomic reports
Read 5 tweets
The banking sector has been an underperformer since COVID. What makes it so interesting now? (1/8)

#bankingsector #COVID19 #investing
The banking sector is the backbone of our economy. The health of our banks has always played a major role in our economic growth journey. (2/8)

#india #economy #banks
With the introduction of the Asset quality review in FY15-16, banks' asset quality has been under pressure. This was further aggravated by events such as demonetisation, GST, and the IL&FS crisis. As a result, the GNPA ratio for Banks rose to 11.2% in FY18 vs 4.3% in FY15. (3/8)
Read 8 tweets

In this #Thread 🧵we will answer this question.

Like ❤️and Retweet 🔄for Wider Reach and if you find the thread informative and useful. Image
Our Indian Rupee has hit an all-time low against US Dollar plummeting to ₹77.42 per US $.

The fall of Rupee can be associated with two major reasons-
🔴 US Fed Interest Rate Hike.
🔴 Foreign Investors Dumping Indian Stocks.
🔴 US Fed Interest Rate Hike:

It was the biggest hike in two decades when US Fed raised interest rates by half percentage to fight #inflation.

Moreover, it is likely that more rate hikes will occur in the coming months.

As a result, the 10-year US yield has risen to 3.17%.
Read 7 tweets
#MCExclusive ⚡️ @bankofbaroda Chief Economist Madan Sabnavis said that if #inflation is left unchecked, there would be a tendency for overall consumption in the economy & that could, in turn, be debilitating for growth.

Full interview by @siddhiVnayak 🔽…
Catch @bankofbaroda Chief Economist, Madan Sabnavis, on @RBI’s inflation forecast for FY23, in conversation with @siddhiVnayak.

Read at 👇…

#Inflation #RBI Image
Read 4 tweets
After a really long time, the #RBI has made significant updates to their Master Direction on issuance and management of credit cards and debit cards 💳

A quick🧵on some of the major provisions and how they impact us: 1/
Card issuers must provide a one-pager on important aspects + benefits of the card, along with the interest rate and other charges. In case a credit card application is rejected, the card issuer has to provide specific reasons for the rejection. 2/
Explicit (and not implied) consent to be obtained in case card issuers are offering any insurance cover towards protection against frauds or any other liabilities on the card. Check your statement to verify if unwanted charges/premium for such insurance is levied 3/
Read 18 tweets
आजकाल ऑनलाईन आणि फोन वरून बँक फ्रॉड मोठ्या प्रमाणात होतात पण असं आपल्यासोबत झाल्यावर काय करायचं ? फक्त रडत बसायचं की गेलेले पैसे आपल्याला परत मिळवता येतील ?
आपले पैसे आपल्याला १००% रिफंड मिळू शकतात ते कसे हे जाणून घेण्यासाठी पूर्ण थ्रेड नक्की वाचा 👇
#मराठी #म
RBI च्या गाईडलाईन्स नुसार 'तुमच्या बँक खात्यातून तुमच्या नकळत कोणताही अनधिकृत इलेक्ट्रॉनिक व्यवहारामुळे तुमचं नुकसान होत असेल तर तुम्हाला त्वरित-तीन दिवसांच्या आत बँकेला या व्यवहाराची सूचना द्यावी, बँकेला तुमची तक्रार मिळाल्यानंतर १० दिवसांच्या आत तुम्हाला पूर्ण...
पूर्ण रिफंड देणे बंधनकारक आहे' लक्ष्यात ठेवा बँक अश्या फ्रॉड व्यवहारांसाठी विमा करून ठेवते, जेव्हा आपण अश्या व्यवहाराबद्दल त्वरित तक्रार करतो तेव्हा बँक विमा कंपनीकडून नुकसानाचे पैसे वसूल करते, आणि आपल्याला रिफंड वेळेत मिळतो.
हे E-Fraud आणि ATM Fraud साठी सुद्धा लागू आहे.
Read 5 tweets
A thread on my piece on the RBI. Full story link here:
But the central ( pun unintended) question here is, what should the Reserve Bank be doing in this environment, and is it doing what it should/could ? 1/n
#inflation #RBI #UkraineRussianWar #CrudeOil…
Last RBI meeting saw inflation being termed as not a big worry and that action will be taken when necessary. Let’s examine what has happened with some of the elements that add to the inflation/ cost pressures of a household 2/n
#inflation #RBI #UkraineRussianWar #CrudeOil
Nomura says we've had high inflation for 2 years already. Retail fuel prices are on freeze since Nov'21 thanks to state elections. A recalibration means upping petrol/diesel prices by at least 10%, 30% plus price hike for LPG. 3/n
#inflation #RBI #UkraineRussianWar #CrudeOil
Read 8 tweets
RBI keeps the #RepoRate unchanged!

What is Repo & how does it mean for investors, borrowers and customers?

Read the 🧵to make sense

Do ‘re-tweet’ & help us educate more investors


#RBI #RBIMonetaryPolicy #investing
Repo rate is a type of interest rate!

Interest rate influences the willingness to save and borrow money and also gives insight into future economic and financial market activity.

What interest rates mean to different stakeholders :

- Borrower : It the price he pays for the use of money (loan)

- Lender like banks : The "fee" earned for taking the risk to extend loan

- Saver & investor : The return on investment from savings a/c ,FD or bond

Read 13 tweets

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