Discover and read the best of Twitter Threads about #TLTROs
Most recents (5)
One-time disbursement of Special #FestivalAdvance,to amount to Rs4000Cr
If given by all state govts,another 8000Cr is expected to be disbursed& employees can spend on any festival
Interest free advance of Rs 10000 under #SpecialFestivalAdvance,to be paid back in 10 instalments
If given by all state govts,another 8000Cr is expected to be disbursed& employees can spend on any festival
Interest free advance of Rs 10000 under #SpecialFestivalAdvance,to be paid back in 10 instalments
Govt employees will get pre loaded #Rupay card of advance value&scheme will be available till March 31st 2021,for #FestivalAdvance scheme
For #LTCCashVoucher scheme,cost will be Rs 5675Cr for central govt employees who opt for it,leading to demand infusion of 19000Cr
#DemandPush
For #LTCCashVoucher scheme,cost will be Rs 5675Cr for central govt employees who opt for it,leading to demand infusion of 19000Cr
#DemandPush
For PSUs&PSB employees who opt for #LTCCashVoucher,cost will be Rs1900Cr&demand infusion will be for 9000Cr
To avail of #LTCCashVoucher,you have to buy goods with #GST of 12% or more,via digital modes
With #COVID19 derailing travel plans,cash voucher in lieu of LTC,a good move
To avail of #LTCCashVoucher,you have to buy goods with #GST of 12% or more,via digital modes
With #COVID19 derailing travel plans,cash voucher in lieu of LTC,a good move
My thread 👇 on #RBIPolicy,the need to hold rates steady for now&analysis of #CanaraBank and #BankofIndia Nos
What is amply clear is,be it #SBI,#HdfcBank,Axis,or smaller Public Sector banks,there has been a dramatic improvement in #AssetQuality,which bodes well
#EconomyOnTrack
What is amply clear is,be it #SBI,#HdfcBank,Axis,or smaller Public Sector banks,there has been a dramatic improvement in #AssetQuality,which bodes well
#EconomyOnTrack
BIG decision by #RBI,is bringing #StartUps under priority sector lending--out of the box move
Move to give 5000Cr addnl liquidity to #Nabard&5000Cr to #NHB,will help agri&real estate
Decision to set up #InnovationHub will help tech innovation&ideation
@narendramodi govt cares!
Move to give 5000Cr addnl liquidity to #Nabard&5000Cr to #NHB,will help agri&real estate
Decision to set up #InnovationHub will help tech innovation&ideation
@narendramodi govt cares!
This thread is for those of you who don’t find the time to read my #PetersbergSpeech in full. Link to English translation (including slides): ecb.europa.eu/press/key/date…. Link to original German version: ecb.europa.eu/press/key/date…. Op-ed @welt (in German): welt.de/wirtschaft/art…. 1/11
Main message: Without the #PEPP and our other measures, we would now presumably be in the midst of a severe financial crisis. The measures taken by the ECB are (1) necessary, (2) suitable and (3) proportionate to ensure price stability in the euro area. 2/11
Yesterday the Governing Council @ecb took important decisions, further easing the liquidity conditions for banks & fostering lending to the economy. Philip Lane provides a comprehensive explanation of the macro environment & our measures in a recent blog post. #ECBexplains 1/12
I will add some technical explanations, starting with the #TLTROs, our targeted longer-term refinancing operations. This graph shows the rates for a bank that met the lending threshold of 0% under the old TLTRO (12 March), giving rise to more favourable rates. 2/12 
Under the new TLTRO (30 April), banks meeting the lending threshold of 0% pay even lower rates in the “pandemic period”: currently -1% (versus -0.75% before). The assessment period for the lending threshold now starts one month earlier to reward lending in March. 3/12
RBI has announced Rs 50000 Cr #SpecialLiquidityFacility for #mutualfunds,to ease redemption pressures
#RBI will conduct #Repo operations of 90 days tenor at fixed repo rate
This Special Facility is on-tap,open-ended&will particularly help #DebtSchemes of MFs,witnessing outflows
#RBI will conduct #Repo operations of 90 days tenor at fixed repo rate
This Special Facility is on-tap,open-ended&will particularly help #DebtSchemes of MFs,witnessing outflows
#SpecialLiquidityFacility for #mutualfunds is available from today,April 27,2020 till May 11, 2020,or up to utilization of allocated amount of Rs 50000Cr whichever is earlier
@narendramodi govt's calibrated approach to calm down frayed nerves,is timely¬eworthy
#coronavirus
@narendramodi govt's calibrated approach to calm down frayed nerves,is timely¬eworthy
#coronavirus
Funds availed under this facility shall be used by banks solely for meeting #liquidity requirements of #mutualfunds by 👇
Extending loans
Outright purchase of #Repos
Or against collateral of corporate bonds,commercial papers, debentures&certificate of deposits,held by #MFs👍
Extending loans
Outright purchase of #Repos
Or against collateral of corporate bonds,commercial papers, debentures&certificate of deposits,held by #MFs👍
