Tamal Bandyopadhyay (@tamalbandyo) 's Twitter Profile
Tamal Bandyopadhyay

@tamalbandyo

Author, columnist. Latest book `Roller Coaster: An Affair With Banking'. Weekly column Banker's Trust. Ramnath Goenka Award & Tata Literature Live Award winner.

ID: 631233405

linkhttp://www.bankerstrust.in calendar_today09-07-2012 14:49:47

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62,62K Followers

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Wow! Retail inflation in June 2.1%, six & half year low (lowest since January 2019). This makes average FY26 Q1 inflation 2.69%, below RBI estimate of 2.9%. Does it open up space for yet another rate cut? RBI's FY26 inflation estimate 3.7% (Q1: 2.9%; Q2: 3.4%; Q3: 3.9%; Q4: 4.0%)

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China’s economy grows 5.2% in second quarter. Resilience in exports helped to offset sluggish domestic demand in the world’s second-largest economy.

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93% of low-income salaried Indians rely on Credit cards; BNPL use Surges: Think360.ai Study. 93% of salaried and 85% of self-employed individuals earning less than ₹50 K per month rely on credit cards. BNPL usage close behind (18% self-employed, 15% salaried).

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Despite ongoing uncertainty, S&P 500 companies are buying back shares at record levels in 2025, signaling robust confidence in their capital allocation and a focus on maximizing shareholder value rather than conserving cash….

Despite ongoing uncertainty,
S&P 500 companies are buying back shares at record levels in 2025, signaling robust confidence in their capital allocation and a focus on maximizing shareholder value rather than conserving
cash….
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QIP fundraising hits five-year peak in July so far, SBI leads with landmark Rs 25,000 crore issue moneycontrol.com/news/business/…

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Liquidity has many phases: scarce, appropriate, adequate and abundant. At this stage, it shouldn’t be scarce. But how much the system needs? Adequate? Can liquidity alone create credit growth? Latest #BankersTrust in ⁦Business Standard⁩ raises few questions, ⁦ReserveBankOfIndia⁩ ⁦

Liquidity has many phases: scarce, appropriate, adequate and abundant. At this stage, it shouldn’t be scarce. But how much the system needs? Adequate? Can liquidity alone create credit growth? Latest #BankersTrust in ⁦<a href="/bsindia/">Business Standard</a>⁩ raises few questions, ⁦<a href="/RBI/">ReserveBankOfIndia</a>⁩ ⁦
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Lemonade and Banking. "When life gives you lemons, make lemonade.” We have heard this. ReserveBankOfIndia deputy governor Swaminathan J takes it further, saying “Life will give you lemons—so be prepared to make lemonade, lemon pickle, lemon cake… whatever the situation calls for.” At

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HSBC Flash India Manufacturing PMI up to 59.2 in July from 58.4 in June -- highest in almost 17.5 years. Indicates robust improvement in the health of the manufacturing industry. At 60.7 in July, HSBC Flash India Composite Output Index little changed from June's 61. Signals yet

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Demanding senior management, impatient customers, long working hours & ambitious targets for 3rd party sales besides garnering deposits, giving loans & recovery of bad loans. Not every branch manager can survive & thrive. What they need? Latest #BankersTrust in ⁦Business Standard

Demanding senior management, impatient customers, long working hours &amp; ambitious targets for 3rd party sales besides garnering deposits, giving loans &amp; recovery of bad loans. Not every branch manager can survive &amp; thrive. What they need? Latest #BankersTrust in ⁦<a href="/bsindia/">Business Standard</a>⁩
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INR drops to 87.20 a $, local currency’s weakest level since 12 March. Dollar index was 103.61 on 12 March. Now, it’s 98.94. Of course, it’s higher than 96.37 which it had seen recently. What does this mean? Dollar index weaker than March but INR drops to March level. Why? Any

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Growth differential between India and US continues to improve and is in favour of India, which should aid flows going forward…

Growth differential between India and US continues to improve and is in favour of India, which should aid flows going forward…
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Eight out of 12 Govt-owned banks have seen cut in no of employees in past five years between FY21 and FY25. Overall, from 7,70,190 to 7,56,721. No wonder, PSU bank employees are under pressure. Technology can’t be the explanation for lesser no of staff when business is growing

Eight out of 12 Govt-owned banks have seen cut in no of employees in past five years between FY21 and FY25. Overall, from 7,70,190 to 7,56,721. No wonder,  PSU bank employees are under pressure. Technology can’t be the explanation for lesser no of staff when business is growing
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INR closes at 87.425 a $, losing 60.5 paise. Local currency’s lowest level against $ since 28 Feb, 2025. Incidentally, call money, bond & INR markers used to close at 5 pm before COVID. During pandemic, market timing compressed. Subsequently, it’s normalised for call money and

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No surprise Federal Reserve decides to maintain target range for fed funds rate at 4.25-4.5 %. FOMC seeks to achieve maximum employment & inflation at the rate of 2% over longer run. Uncertainty about economic outlook remains elevated. The Committee attentive to risks to both