Swati Bhat (@swatibhat22) 's Twitter Profile
Swati Bhat

@swatibhat22

India Finance and RBI Correspondent with Reuters News in Mumbai. Views expressed are my own. RTs are not endorsements. Contact: [email protected]

ID: 91284151

linkhttp://www.thomsonreuters.com calendar_today20-11-2009 06:22:52

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Ira Dugal (@dugalira) 's Twitter Profile Photo

#RBI Fed set to hike again, India on pause (not pivot). What comes next? Swati Bhat and I spoke to MPC's external members. -Rate differential matters less than mkt believes. -Real rates bordering on 'high'; lot depends on how inflation plays out reuters.com/world/india/ra…

Ira Dugal (@dugalira) 's Twitter Profile Photo

Interesting comments by MPC member JR Varma in this interview to Reuters’ Swati Bhat. He justifies his call for a rate cut saying that high real rates will hurt the prospects of a private investment cycle. Also says that India’s growth is good relative to the world but not

Ira Dugal (@dugalira) 's Twitter Profile Photo

India's central bank is stepping up its fight against "exuberance" in retail lending, targeting new areas including mortgage-linked "top-up" loans, Algo based credit models and some co-lending, on concern about rising risks to the financial system. Swati Bhat Siddhi Nayak

Sudipto Ganguly (@sudipto_reuters) 's Twitter Profile Photo

For islanders, India election is about climate change and survival reuters.com/investigates/s… via @SpecialReports Story with pictures colleague Avijit Ghosh #indiaelection2024 #Reuters #environment #climatechange

Swati Bhat (@swatibhat22) 's Twitter Profile Photo

Just over two years since Sri Lanka's 'Aragalaya' uprising, Marxist-leaning Dissanayake, popularly known as AKD, will be vying to become the South Asian nation's new president. Uditha Jayasinghe and Sudipto Ganguly report. reuters.com/world/asia-pac…

Ira Dugal (@dugalira) 's Twitter Profile Photo

Reuters is looking out for a dynamic debt correspondent, eager to break deal news and cover the fast changing corporate debt market in India. Part of the wider financial markets team, the role offers an opportunity to work across stories related to the economy, central banking

Swati Bhat (@swatibhat22) 's Twitter Profile Photo

RBI Governor Das was admitted to a hospital in Chennai for acidity but is doing fine now and will be discharged soon. There is no cause for concern, as per the bank's spokesperson.

Ira Dugal (@dugalira) 's Twitter Profile Photo

India’s economy slows materially in Q2, with key industries including manufacturing and mining slowing. Consumption and capital investment slows as well. Read here: reuters.com/world/india/in… In charts 👇🏽

India’s economy slows materially in Q2, with key industries including manufacturing and mining slowing. 

Consumption and capital investment slows as well.

Read here: reuters.com/world/india/in…

In charts 👇🏽
Ira Dugal (@dugalira) 's Twitter Profile Photo

India’s sharply lower-than expected GDP growth has widened the divide between the government and the central bank’s priorities, Reuters Aftab Ahmed and Swati Bhat write in this analysis. Read here: reuters.com/world/india/in… Meanwhile, markets are signalling quicker monetary

India’s sharply lower-than expected GDP growth has widened the divide between the government and the central bank’s priorities, Reuters Aftab Ahmed and Swati Bhat write in this analysis.

Read here: reuters.com/world/india/in…

Meanwhile, markets are signalling quicker monetary
Ira Dugal (@dugalira) 's Twitter Profile Photo

New RBI governor Sanjay Malhotra is working to strengthen the central bank’s forecasting tools, Reuters’ Siddhi Nayak and Swati Bhat report. It seems to be one of his first priorities. Important in a year when the RBI’s 7.2% growth forecast was more optimistic that even the

New RBI governor Sanjay Malhotra is working to strengthen the central bank’s forecasting tools, Reuters’ Siddhi Nayak and Swati Bhat report.

It seems to be one of his first priorities. 

Important in a year when the RBI’s 7.2% growth forecast was more optimistic that even the
Jaspreet Kalra (@kalrajs23) 's Twitter Profile Photo

Some analysts reckon that rate cuts by the RBI could be delayed as the rupee faces persistent headwinds. With growth slowing, inflation sticky and a currency under pressure, India's cenbank is confronting a classic trilemma. Story with Swati Bhat Link:

Some analysts reckon that rate cuts by the RBI could be delayed as the rupee faces persistent headwinds.

With growth slowing, inflation sticky and a currency under pressure, India's cenbank is confronting a classic trilemma. Story with <a href="/SwatiBhat22/">Swati Bhat</a> 

Link:
Swati Bhat (@swatibhat22) 's Twitter Profile Photo

Calling student and early career photojournalists in India: Apply now for the 2025 Danish Siddiqui Photojournalism Fellowship at Reuters and cultivate your visual storytelling abilities: bit.ly/4jFvpoH

Calling student and early career photojournalists in India: Apply now for the 2025 Danish Siddiqui Photojournalism Fellowship at <a href="/Reuters/">Reuters</a> and cultivate your visual storytelling abilities: bit.ly/4jFvpoH
Ira Dugal (@dugalira) 's Twitter Profile Photo

RBI announces big liquidity package. A rate cut before a rate cut… No half measures — OMOs, long term repos and fx buy/sell swaps all committed!

RBI announces big liquidity package. A rate cut before a rate cut… 

No half measures — OMOs, long term repos and fx buy/sell swaps all committed!
Ira Dugal (@dugalira) 's Twitter Profile Photo

From rate cuts to significant liquidity infusions and a delay in tighter banking rules -- No mistaking the shift in the central bank's priorities. The central bank is joining the government's efforts to push growth (or at least to prevent growth from slipping further), Reuters

Ira Dugal (@dugalira) 's Twitter Profile Photo

Guest featured on the Reuters’ Econ World podcast this week to talk about the Indian economy. Listen below 👇🏽

Ira Dugal (@dugalira) 's Twitter Profile Photo

India is signalling more openness to foreign regulated financial institutions taking larger stakes in Indian banks. With no interest from large NBFCs to convert to banks, no approvals for on-tap licences and historical resistance to corporates in banking, regulated foreign

Ira Dugal (@dugalira) 's Twitter Profile Photo

Given the chatter on bank licences, a few things to note, from my experience of covering this debate for a longer than I care to admit. 1) Bank licences are now on tap, not a one-off licence permit raj that used to open and close. It was a big shift when RBI/govt finally agreed