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Kudos to FM @nsitharaman ji , RBI, and @narendramodi ji to ensure bad loans of public sector banks down to ₹7.27 lakh cr at end of Sept 2019 from ₹8.96 lakh cr at end of Mar 2018.

Record recovery of ₹2.03 lakh cr over 1.5 yrs.

@prettypadmaja @mahesh10816 @JumbuTweeple
12 out of 18 PSBs reporting profit in 1st half of current FY, with highest provision coverage ratio in 7.5 yrs.

Govt's significant steps towards speeding up the insolvency resolution process under the IBC led to the same.
Capital adequacy ratio of scheduled comm banks has improved significantly from 14.3% in Mar-19 to 15.1% in Sept-19 post recap.

More reforms and significant steps like easing of credit, governance norms, etc. implemented to further strengthen PSBs.
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MKG 2.0 🇮🇳
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INDIA's @RuPay_npci CARD GIVES GLOBAL CARDs 'A Run For Money' 👏👏👌

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RuPay card is gradually going global & giving tough competition to international players like Master Card & Visa.
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Cc @TeamNamoBrigade
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MKG 2.0 🇮🇳
@MKG_II_0
Missionary Conspire to damage India & it's economy 👇

How shutting down 1 plant turned India from copper exporter to importer in under 2 yrs?

1) Sterlite Copper’s Thoothukudi plant ws shut down by TN govt after resident protests in May 2018. India has since become net importer.
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3) What changed? Vedanta subsidiary Sterlite Copper’s plant in Thoothukudi (earlier known as Tuticorin) was shut down in May 2018 on the orders of the TN govt, after violent protests by residents, who alleged that the factory was a health hazard.
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MKG 2.0 🇮🇳
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Reiterating benefits of GST in India👇
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Related threads

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PRS Legislative
@PRSLegislative
In #LokSabha, FM outlined a 13-point plan to improve public and private investments:

1. The amendment to IBC helped fast tracking the insolvency resolution process

2. Rs.103 lakh cr worth of projects have been announced in the National Infrastructure Pipeline

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शिक्षित बेरोज़गार
@kaul_vivek
One of the biggest misconceptions about public sector banks is that they control 70% of India's banking.
The Economic Survey of 2019-20 falls into that trap as well, when it states, "PSBs account for 70 per cent of the
market share in Indian banking".
The fact of the matter is that once upon a time they used to control more than 70% of Indian banking.
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शिक्षित बेरोज़गार
@kaul_vivek
A small thread on bad loans of banks.
The bad loans of banks fell from Rs 10.36 lakh crore as of March 31, 2018 to Rs 9.49 lakh crore as of March 31, 2019.
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While banks and bankers may want to take credit for this, it is important to understand why this happened.
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Monika Halan
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Speech begins with a reference to 'new India' and the election result. Taking it as a validation of the performance of the government.
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Chowkidar Ashu
@muglikar_
Thread on Congress treachery
1. Gross loans of Public sector banks increased from Rs. 18,19,074 crore as on 31.3.2008 to Rs. 52,15,920 crore as on 31.3.2014.

2. During this time machine manufacturers got loans to setup hotels and hotel owners got loans to setup airports
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