Top Tweets for #RajanFiles
ICYMI, key insights from voices on the #IndiaDevelopmentDebate last night with @SupriyaShrinate as she put the focus on the state of the economy and rising bad loans.
#RajanFiles #NPAmess @ghanshyamtiwari @lawyerkhanmd @gopalkagarwal @swaminomics #StateOfEconomy
ICYMI, key insights from voices on the #IndiaDevelopmentDebate last night with @SupriyaShrinate as she put the focus on the state of the economy and rising bad loans.
#RajanFiles #NPAmess @ghanshyamtiwari @lawyerkhanmd @gopalkagarwal @swaminomics #StateOfEconomy
#IndiaDevelopmentDebate| #StateOfEconomy
Rupee appreciation wasn't the problem as far as the CAD is concerned, it was, in fact, the oil prices. Our exports didn't have the incentives that other competing emerging mkts had: Bimal Jalan, Former @RBI Guv
@SupriyaShrinate #RajanFiles
#IndiaDevelopmentDebate | #StateOfEconomy
Emerging mkt contagion may affect India but, we can handle it. @RBI to make sure that #Rupee depreciation does not cause unnecessary anxiety and panic on foreign exchanges: Bimal Jalan, Former @RBI Guv
@SupriyaShrinate #RajanFiles
#IndiaDevelopmentDebate | #StateOfEconomy
If CAD goes beyond a limit that we cannot finance then, it becomes a problem. But, CAD of 2.4 is manageable because we have enough resources to finance it: Bimal Jalan, Former @RBI Guv
@SupriyaShrinate #RajanFiles
#IndiaDevelopmentDebate | #StateOfEconomy
We are a responsive and accountable system. Optimistic about the present macroeconomic conditions which was not the case in 90s when we were dependent on aid from abroad: Bimal Jalan, Former @RBI Guv
@SupriyaShrinate #RajanFiles
#IndiaDevelopmentDebate| #StateOfEconomy
@ghanshyamtiwari and @lawyerkhanmd question @BJP4India being an anti-corruption voice, say their slogan 'naa khaaunga, naa khaane dunga' has turned out to be a joke.
@SupriyaShrinate #RajanFiles #NPAmess
#IndiaDevelopmentDebate| #StateOfEconomy
NPA mess is the outcome of nexus b/w politics, banks incompetence & the promoters who didn't know what to do w/ the money. But, nobody is belling the cat even when the defaulters list is there: @ghanshyamtiwari
@SupriyaShrinate #RajanFiles
#IndiaDevelopmentDebate | #StateOfEconomy
There are legacy issues. The present amount of Rs 9 lk cr NPAs are actually the loans that were sanctioned during UPA regime. They created subquality loans and then failed the projects: @gopalkagarwal
@SupriyaShrinate #RajanFiles
#IndiaDevelopmentDebate | #StateOfEconomy
NDA govt has been a beneficiary of favourable global trends such as a benign oil regime. Then also, NPAs in their regime ballooned from Rs 2 lk cr to 9 lk cr. What is their defence?: @lawyerkhanmd
@SupriyaShrinate #RajanFiles
#IndiaDevelopmentDebate | #StateOfEconomy
There was an explosion of bank credit during 2004-2008, India had 10% growth & everybody thought we could only grow faster. And Public sector was notorious for having time and cost overrun: Swaminathan Aiyar
@SupriyaShrinate #RajanFiles
#StateOfEconomy | Fmr RBI Guv Raghuram Rajan in his submission before parl panel blames UPA for the NPA mess, also blames lenders for the reckless lending during the boom. Should Cong accept the criticism over NPAs? Watch #IndiaDevelopmentDebate at 9 pm as we discuss #RajanFiles
Raghuram Rajan's submission before the parliamentary panel on NPA triggers a political slugfest, after he blames over-optimistic bankers and lack of decision making both in UPA and subsequent NDA govt for mounting NPAs. Watch #IndiaTonight with @TaneiaBhardwaj now. #RajanFiles
#StateOfEconomy | @RBI ex Guv Raghuram Rajan's submission before parliamentary panel has stirred up the hornet's nest for politicians. The blame game started after Rajan blamed both UPA & NDA govts for the NPA mess. Watch #IndiaDevelopmentDebate at 9 pm as we discuss #RajanFiles
#StateOfEconomy | In his submission before parliamentary panel on #NPAs, @RBI's former Guv Raghuram Rajan blames both UPA & NDA govts for the poor fiscal mgmt & #NPA mess. This has resulted in a political slugfest. Watch #IndiaDevelopmentDebate at 9 pm as we discuss #RajanFiles
Raghuram Rajan's submission before parliamentary panel triggers a political slugfest after he blames over-optimistic bankers & lack of decision making both in UPA & NDA govts for rising #NPAs. Watch #IndiaDevelopmentDebate at 9 pm w/ @SupriyaShrinate as we discuss the #RajanFiles
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