We've spent a mad amount of time, energy and love creating the #MadAboutMarket series on @CNBCTV18Live!

As we take a break, here's a 🧵 on all the topics @blitzkreigm and I have covered so far 👇🏾 Episode 1: The IPO market boom, and the rise of retail equity investors in the stock markets. We asked if it would sustain, and highlighted the risks and rewards of it all.

#PMModi announces a Rs 20 lakh crore #AatmanirbharBharat package to combat COVID19 focused on land, labour, liquidity and laws. Among other things, it factors in the liquidity support already announced by @RBI. (1/n) Here's how much liquidity support @RBI has provided:
*Feb - March 27: Rs 2.8 lk cr
*March 27 announcement: Rs 3.74 lk cr (via MSF, CRR & TLTRO)
*April 17 announcement: Rs 25,000 cr via TLTRO 2.0 + Rs 50,000 cr refinance scheme
*April 27 announcement: Rs 50,000 cr SLF-MF

(2/n)

Just in | @HDFC_Bank Spokesperson to @CNBCTV18Live on reports of layoffs at @hdbfsl:

"This is to clarify and set the record straight with respect to certain posts pertaining to our subsidiary HDB Financial Services in social media and a section of the press..." (1/n) "...What we are seeing is an attempt by handful of disgruntled employees to take advantage of the current situation. This involves a minuscule number of employees out of the total 1 lakh+ & has nothing to do with the ongoing lockdown or the resulting economic situation." (2/n)

#LockdownExtended
#Covid19India
LOCKDOWN RELAXATION GUIDELINES
Home Ministry Says
* Select necessary activities may be opened from April 20 in identified areas
* No activities permitted in designated containment zones
*Addl activities to be implemented in a phased manner LOCKDOWN RELAXATION GUIDELINES
Construction Permitted from April 20
* Roads
* Building projects
* Irrigation projects
* Industrial projects
* MSME projects in rural areas
* Renewable energy projects
* Continuation of work within city limits if workers available on site
#HomeMin

#RBIActs
*Repo Rate cut by 75 bps to 4.40%
*Reverse Repo Rate cut by 90 bps to 4%
*MPC to continue with accomodative stance
*Shaktikanta Das, R Dholakia, Janak Raj, Michael Patra voted for 75 bps cut; Chetan Ghate, Pami Dua for 50 bps cut
*No inflation, growth projection given #RBIActs
*All lending institutions permitted to allow a moratorium of 3 months on payment of instalments for all term loans outstanding as on March 1, 2020
*Repayment schedule, all subsequent due dates, as also the tenor for such loans may be shifted across the board by 3 months

#FinanceMinister @nsitharaman on #YesBank:
*Cabinet has approved the reconstruction scheme for Yes Bank
*Interest of depositors, stable fin environment at the core of reconstruction scheme
*Key features of reconstruction plan will be available in detail as soon as notified #FinanceMinister @nsitharaman on #YesBank:
*Yes Bank reconstruction scheme will be notified very soon
*SBI coming in at 49% at the moment
*3 year lock-in period for SBI for at least 26% of their investment
*3 year lock-in period for private investors for 75% of their investment

#Insolvency Almost a year since @RBI released the list of 12 large defaulters to be marched to NCLT, and we have seen ONE successful resolution so far. Two, if you count Electrosteel Steels, which exited bankruptcy briefly, only to be pulled back in. Here's a quick check (1/n) #Insolvency #BhushanSteel NCLT approved Tata @TataSteelLtd's takeover of Bhushan Steel. Tatas offered Rs 35,200 cr to settle the lenders' dues at a 37% haircut. Done deal? Bhushan Steel promoter Neeraj Singhal has filed an objection in the matter, NCLAT hearing on May 21. #IBC