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#RBIPolicy's key highlights
Mood shifting from fear&despair,to hope
Rural economy is resilient
20000Cr OMO slated for 15thOct
RBI to conduct Rs 1 lakhCr #TLTRO,to further augment liquidity
Inflation to ease from Q4
GDP to enter +ve territory from Q4
#Dovish Policy,overall👍
Mood shifting from fear&despair,to hope
Rural economy is resilient
20000Cr OMO slated for 15thOct
RBI to conduct Rs 1 lakhCr #TLTRO,to further augment liquidity
Inflation to ease from Q4
GDP to enter +ve territory from Q4
#Dovish Policy,overall👍
Ample liquidity prevented RBI from reducing #REPO,which has been retained at 4%
Also,inflationary pressures,prevented any further reduction in rates,at this stage
@narendramodi govt completed its 1st half borrowing for FY21 at only 5.82%,lowest in 16 yrs,which is great news💪
Also,inflationary pressures,prevented any further reduction in rates,at this stage
@narendramodi govt completed its 1st half borrowing for FY21 at only 5.82%,lowest in 16 yrs,which is great news💪
Two takeaways from what RBI Governor said&that merit more attention,are
Risk weights will be assigned to all #HomeLoans henceforth,in relation to loan to value ratio,to de-risk home loans
Market operations to be allowed for State Development Loans,#SDLs,to ease States' finances
Risk weights will be assigned to all #HomeLoans henceforth,in relation to loan to value ratio,to de-risk home loans
Market operations to be allowed for State Development Loans,#SDLs,to ease States' finances
