Fed/FDIC decisions on SVB determine whether they risk a bank run trillions of dollars in size.
1/3 of US deposits are in small banks and ~50% are uninsured. Haircutting SVB depositors will raise sensible questions about holding deposits at any small bank, risking a broader run.
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A good job by ministry, highlighting double standards of #Twitter by mentioning the example of how Twitter acted during Capitol Hill violence in US vs how it acted during the breakdown of law and order at Red Fort, India.
https://t.co/6WlzOfmQY7
This is a doc which is updated every 5 minutes, contains info about beds, remdesivir, oxygen, plasma etc. pan India.
Seems to be exhaustive... hope & pray people benefit from it.
@CNBCTV18Live@Sapna_CNBC This is very sad will take post tax real rates further negative.....forcing individuals to take more risk...Not fairs to savers in this country.@RBI
@meandmarkets Fact check.....last 6 months ..inr has appreciated only against usd...has depreciated against most other currencies.... pls look at broader inr basket and not just usdinr..will give a holistic perspective. @Macro_Maniac_@Elliot_Wave_
@meandmarkets Sir I think this line of thinking is wrong ..RBI loses more money by keeping excess liquidity in system and paying reverse repo (3.35%).......then it does with rupee appreciation....that's the reason dividend is lower this time @nayar_chetan @Macro_Maniac_
GOVT SOURCES: DIRECT MARKET ACCESS SYSTEM IS BEING DEVELOPED BY SEBI || UNDER THE DMA, THE INVESTOR WILL BE ABLE TO TRADE DIRECTLY FROM THE EXCHANGE INSTEAD OF A STOCK BROKER
@meandmarkets 74.5 touched ..We need a big risk off or India rating downgrade for usdinr to materially move higher now...till then it's a boring carry play..sell upticks.@nayar_chetan