Thread by @Sanju_Verma_

Left liberals went berserk,citing #ParleG sales,last yr

Now that #Britannia reported phenomenal 117% jump in profit,on back of solid 22% volume growth &82% rise in #Ebitda,biscuit sales don't matter,huh?

Britannia's 27% revenue growth, clearly shows,#Greenshoots are for real💪

#HdfcBank reported yet another stellar qtr,with #Profit up 20% in June qtr at 6658.62Cr,despite #Provisions rising 49%

NII up 17.8%,Advances up 20.9%&
Deposits up 24.6%

#CapialAdequacy went up from 16.9% to 18.9% YoY,though regulatory requirement is only 11.075%💪

#GreenShoots

#BharatBondETF raised 10000Cr, oversubscribed 3x

#YesBank raised 95%,14270Cr@ lower end of band of Rs12-13

In less than 5 months,from being run aground by #RanaKapoor&Co,to being rescued by #SBI,under aegis of @narendramodi gov&raising capital,is a great turnaroun
#GreenShoots

India's #ForexReserves have risen $3.1bln to a huge $516billion

In June 2020,we reported 1st trade surplus in 8yrs,after trade deficit of $3bn in May

Stabilisation of FII flows&solid FPI/FDI inflows indicate,we may end June'20 qtr,with a
#CurrentAccountSurplus

#GreenShoots