Bankers see monetary Policy Committee maintaining status quo in today’s #RBIPolicy announcement

@RBI
#RBIPolicy Poll | Majority of the bankers expect @RBI to cut its FY22 GDP forecast to sub-10% & also lower the Q1FY22 GDP estimate from the earlier forecast of 26.2%
#RBIPolicy Poll | @RBI is expected to retain Q1FY22 CPI inflation forecast of 5.2% & Q2FY22 forecast of 5.2%
#RBIPolicy Poll | Bankers are divided on timeline of accommodative stance by #RBI. 50% bankers in our poll expect the Central Bank to maintain accommodative stance till December 2021 while other 50% expect till march 2022

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More from @CNBCTV18Live

5 Jun
#MaharashtraUnlock | Maharashtra Govt announces 5-level unlock plan. Most activities under level-1 and level-2 categories are allowed to function without any restrictions Image
#MaharashtraUnlock | Shops, malls, theatres, restaurants can function without any restrictions in cities under level-1 Image
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Midcaps Outperform Frontliners With Midcap Index Gaining Nearly 1%

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4 Jun
#RBIPolicy | @RBI’s Monetary Policy Committee maintains Repo Rate at 4%
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#MarketAtClose | Sensex, Nifty & Midcap index post record closing highs.
Frontline indices gain nearly 1% each on weekly expiry day.
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Reliance Industries: Co made pre-payment of $7.8 billion of long-term foreign currency debt in FY21 - #AnnualReport
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SC On Pvt Hospitals: Present system of allowing only digital registration & booking of appointment on CoWIN coupled with current scarcity of vaccines, will ultimately ensure that initially all vaccines, whether free or paid, are 1st availed by the economically privileged.

thread
Supreme Court: Private Hospitals provide a public health service, they still remain private, for-profit entities.

Consequently, they may sell the vaccine doses procured at a higher price.

*Follow thread for more*
Supreme Court: Private hospitals also may not sell all their vaccine doses publicly through appointments on #CoWIN, but rather sell them for lucrative deals directly to private corporations who wish to vaccinate their employees

*Follow thread for more*
Read 4 tweets

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