My Authors
Read all threads
#RBIActs | RBI’ MPC voted 4:2 to reduce policy repo rate by 75 bps to 4.4% & Reverse Repo rate cut by 90 bps to 4%
#RBIActs | @RBI Governor says outlook is now heavily contingent upon intensity, spread and duration of pandemic
#RBIActs | Reverse Repo Cut more so that banks are incentivised to lend, disincentivised to hoard money
#RBIActs | Need conventional, unconventional measures to combat virus, says @RBI Governor @DasShaktikanta
#RBIActs | There are downside risks to growth from prolonged lockdown. Actual CPI outcomes running 30 bps above our projection, says @DasShaktikanta
#RBIActs | MPC decides to refrain from growth & inflation targets, given the uncertainty, @DasShaktikanta
#RBIActs | Need of the hour is to shield domestic economy from #COVID19 pandemic, @DasShaktikanta
#RBIActs | Growth worries could be reduced if #COVID19 spread is contained, @DasShaktikanta
#RBIActs | Collapse in food prices could work towards easing food price pressures, says @DasShaktikanta
#RBIActs | Appropriate that MPC decisions and other @RBI actions must be seen as a comprehensive package with force multipliers, says @DasShaktikanta
#RBIActs | Efforts to ease fin stress by relaxing repayment pressure & improving access to Capital, @DasShaktikanta
#RBIActs | Multi-pronged approach adopted to ease #COVID19 related liquidity constraints, @DasShaktikanta
#RBIActs | Target long-term repo operation (LTRO). Large sell-offs in markets have intensified pressure. RBI will conduct LTRO of up to 3-yr tenor of upto Rs 1 lk cr at floating rate linked to policy repo rate, @DasShaktikanta
#RBIActs | First auction of Rs 25,000 cr will be conducted later today, @DasShaktikanta
#RBIActs | CRR cut will release Rs 1.37 lk cr into market, says @DasShaktikanta
#RBIActs | Liquidity infusion of Rs 3.74 lakh cr via the three steps announcement - LTRO, CRR and MSF, @DasShaktikanta
#RBIActs | Reduce maintenance of daily CRR balance from 90% to 80%
#RBIActs | All Banks, lending institutions may allow a 3-month moratorium on all loans, @DasShaktikanta
#RBIActs | Lending institutions, banks, allowed to defer interest on working capital repayments by 3 months, @DasShaktikanta
#RBIActs | Moratorium on term loans, deferment of interest payment will not result in asset classification downgrade, @DasShaktikanta
#RBIActs | Banks may reassess working capital Cycle, won’t be treated as NPA, @DasShaktikanta
#RBIActs | Deferring NSFR implementation by banks by 6 months, @DasShaktikanta
#RBIActs | Last tranche of capital conservation buffer postponed, @DasShaktikanta
#RBIActs | NDF market has been growing rapidly; bank allowed to deal in NDF market, @DasShaktikanta
RBIActs | @RBI has injected liquidity of Rs 2.8 lakh cr via various instruments equal to 1.4% of GDP since the last policy in February, @DasShaktikanta
#RBIActs | Indian Banking system is safe and sound. Depositors of commercial banks including pvt banks need not worry on the safety of their funds, @DasShaktikanta
#RBIActs | Do not resort to panic withdrawal of deposits from pvt banks, your money is safe, @DasShaktikanta
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with CNBC-TV18

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!