Discover and read the best of Twitter Threads about #rbipolicy

Most recents (4)

#RBI cut by 40bps each of these👇
#Repo rate to 4%
#ReverseRepo to 3.35%
#BankRate to 4.25%

Decision was reached after 5:1 vote,with #ChetanGhate,lone voice calling for 25 bps cut

#MPC meet was held ahead of schedule from 3rd-5th,June

#EMI #moratoroum extended by 3 more months
Moratorium extension till 31st August 2020,is both timely &reflective of @narendramodi govt's alacrity--Big relief to #MiddleClass

Measure to convert #moratorium interest payment into #TermLoan payable in FY21,is helpful

This will reduce #NPAs &stress on banks' balance sheets
#RBI's cut in #Repo will reduce cost of funds&extension of #moratorium will be supportive of financial stability;#Rates across #YieldCurve will move lower from current levels

Fall in #ReverseRepo rate will disincentivise banks from #hoarding #liquidity&coax them to lend

#Covid
Read 10 tweets
When will this stupidity of interest rate cuts stop? RBI has cut its rates by 1.35% in 2019, and nothing has changed. People borrow & buy things when they expect earnings to keep growing making it easier to pay back loans. Right now, the exact opposite is true #RBIPolicy (1/n)
Corporates borrow to invest and expand capacities, when there's growing demand & profitability. Right now there is excess capacity in the system, and profit margins in Q1'20 have declined compared to last year. Why would they borrow? (2/n)
The only other reason for people to borrow is when they are desperate and take loans even when they know they might not be able to repay them. Such borrowings are super-risky and they only create temporary consumption bubbles. It is worse than growth slowing down. (3/n)
Read 6 tweets
#Thread

While the Niti Aayog is still struggling to understand what cracked the Indian economy and how, heres a brief summary of our 2016 report explaining in detail the geoeconomic threat including its origins & what made the situation even worse & why its happening now!
The seeds for current economic situation in India were sown in 80s by US President Ronald Reagan. He economic reforms said tax policies that benefit wealthy will create “trickle-down” effect to poor - trickle-down economics or voodoo economics #Reaganomics greatgameindia.com/global-war-cas…
These strategies of #Reaganomics were born of the #ColdWar and Reagan’s 1983 “Evil Empire” speech set the tone for a more aggressive US posture against the Soviet Union. The result was a series of top-secret national security decision directives (NSDDs).
Read 9 tweets
BankNifty – RBI Policy Week of 06Dec vohicapital.com/trading/bankni…
Concepts of "probability of touch" are used in trades like the one mentioned in this post.

When touch happens, there is no need to stay in the trade anymore.

The $BankNifty Hive of Flies taken off today with a touch of spot to 26650
Usually no need to look for re-entries, but with the spike up to 26750, took a re-entry into a lower #HiveOfFlies trade on $BankNifty for #RBIPolicy day.

Payoff on 05-Dec.

Nothing to do on these unless 26850 is breached tomorrow before event.

#OptionsTrading
#RiskDefined
Read 4 tweets

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