Excellent decision by RBI to reject bids of 66473Cr from banks,for 10000Cr OMO,that was scheduled today
Banks,sitting on excess liquidity of 4.06 lakh Cr&demanding high yields
By rejecting bids,#RBI,trying to push down yields to sub 6%&coax banks to lend,to boost credit offtake
Banks,sitting on excess liquidity of 4.06 lakh Cr&demanding high yields
By rejecting bids,#RBI,trying to push down yields to sub 6%&coax banks to lend,to boost credit offtake
Next #OMO bond purchase of 10000Cr,slated for 1stOct
Last OMO under #OperationTwist for 15000Cr,was on 26thMarch'20
RBI,injecting liquidity regularly via #OpTwist,wherein it buys long dated paper&sells short term paper
@narendramodi gov's efforts to flatten rate curve,laudable
Last OMO under #OperationTwist for 15000Cr,was on 26thMarch'20
RBI,injecting liquidity regularly via #OpTwist,wherein it buys long dated paper&sells short term paper
@narendramodi gov's efforts to flatten rate curve,laudable
MPC to meet between 29thSep-1stOct'20
#RBI slated to keep status quo¬ lower rates--While Aug CPI at 6.69% is lower than July #RetailInflation of 6.93%,fact is,#CPI is still on higher side
RBI expected to continue with quantitative easing though,by doing #OMOs
#CreditPolicy
#RBI slated to keep status quo¬ lower rates--While Aug CPI at 6.69% is lower than July #RetailInflation of 6.93%,fact is,#CPI is still on higher side
RBI expected to continue with quantitative easing though,by doing #OMOs
#CreditPolicy
• • •
Missing some Tweet in this thread? You can try to
force a refresh
