Soumya Kanti Ghosh
@kantisoumya
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Honoured to be followed by PM of India. Retweets not endorsements. Group Chief Economic Advisor, SBI & Member PMEAC and Member 16th Finance Commission
Mumbai, India
Joined November 2009
Thank you @narendramodi Sir for your kind words. The PMSVANidhi programme reveals formalisation of credit for marginalised acts as a force multiplier for further formalisation of PMJDY deposits. Empowering the marginalised is new growth driver of new India!
This in-depth research by @kantisoumya of @TheOfficialSBI provides a very clear picture of the transformative impact of PM SVANidhi. It notes the inclusive nature of this scheme and highlights how it has led to financial empowerment.
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GST collections data released today reveal a continued growth in September. Remember, we had only 9 effective days in September after rate rationalisation on Sep 22!
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#Opinion | Transition to the ECL-based provisioning norm is expected to bring greater solvency and soundness in the banking system. At the portfolio level, banks need to segment their credit portfolios and derive multiple PDs, LGDs, and EADs. ✍️ Arindam Bandyopadhyay &
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Economists' take on Indian banking. 29 November. #BSBFSI2025
@kantisoumya @TheOfficialSBI @SonalVarma10 @Nomura @Citi @ICRALimited
India @ 2047 through the banking lens. @TamalBandyo to moderate @kantisoumya of @TheOfficialSBI, @SonalVarma10 of @Nomura, Samiran Chakraborty of @Citi & Aditi Nayar of @ICRALimited on how banks can power India’s 2047 dream. 📅 October 29 | #BSBFSI2025
https://t.co/63fvVSG8gg
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India @ 2047 through the banking lens. @TamalBandyo to moderate @kantisoumya of @TheOfficialSBI, @SonalVarma10 of @Nomura, Samiran Chakraborty of @Citi & Aditi Nayar of @ICRALimited on how banks can power India’s 2047 dream. 📅 October 29 | #BSBFSI2025
https://t.co/63fvVSG8gg
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Wish all a Happy Vijaya Dashami. In Financial Express today. The RBI policy is much beyond the cacophony of rate cuts and will unleash a credit growth. A policy that will ignite the markets and economy
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#MPCMeet | Will RBI-MPC Cut Rates On Oct 1? @CNBCTV18News Citizens’ MPC comprising Soumya Kanti Ghosh @TheOfficialSBI, Sajjid Chinoy @JPMorgan Samiran Chakraborty @CitiIndia Sonal Varma of @Nomura & Pronab Sen, economist & former chief statistician deliver a split vote. Hear
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How I dis is ready for an investment turnaround. In Business Line today
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HI-B Visa Fee Hike: Indian Companies Will Be Hit But The Move Will Deal A Bigger Blow To US Economy. @kantisoumya
thesecretariat.in
Uncertainty related to visa restrictions will hit US companies, which will now need to fill vacancies. The barrier to labour-- another form of trade war-- will reduce the ability to innovate,...
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Indian companies will be hit but the move will deal a bigger blow to US economy. Read here as @kantisoumya decodes #DonaldTrump's latest move over #H1BVisa
https://t.co/ZsO63S7N13
#USEconomy #USEconomy
thesecretariat.in
Uncertainty related to visa restrictions will hit US companies, which will now need to fill vacancies. The barrier to labour-- another form of trade war-- will reduce the ability to innovate,...
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#ModiAt75 | PM Modi Celebrates 75th Birthday: Tracking India's Economic Journey Since 2014 Nilesh Shah (@NileshShah68), MD, Kotak Mahindra Asset Mgmt: - Mkts have done very well over the past 5 years, there is a need for consolidation Soumya Kanti Ghosh (@kantisoumya), Group
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Wishing Honourable @narendramodi a wonderful birthday today and always. We will all work together to achieve the dream of Viksit Bharat as envisioned by our PM. An economy where everyone is an equal stakeholder for a prosperous India!
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Shri @kantisoumya, Member EAC - PM and Group Chief Economic Advisor @TheOfficialSBI, calls on Smt @nsitharaman.
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Factually rich, takes on all the #GSTReforms issues @kantisoumya
In Business Standard today. A constitutional perspective and India’s GST tax structure is a lesson in fiscal federalism around the world! Regards
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In Business Standard today. A constitutional perspective and India’s GST tax structure is a lesson in fiscal federalism around the world! Regards
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A great reform for India to move ahead! These reforms will boost revenue, boost growth, lower inflation and result in a clutter free tax regime. Thank you @narendramodi Sir and @nsitharaman Mam and all states for this wonderful reform! Ease of business….
During my Independence Day Speech, I had spoken about our intention to bring the Next-Generation reforms in GST. The Union Government had prepared a detailed proposal for broad-based GST rate rationalisation and process reforms, aimed at ease of living for the common man and
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Every rupee increase in UPI transactions reduces debit card usage by 14 paisa. This isn't just digital adoption - it's mathematical proof India has rewired how 1.4 billion people handle money. SBI Research dropped jaw-dropping numbers that reshape everything we know about
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We estimate that as India moves over to a 2 tiered GST rate structure, the weighted average GST rate will decline to a historic low of 9.5%! This is from a high of 14.4% in May 17, prior to GST implementation
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“…cash holding has tripled to more than ₹13 lakh cr as of March 2025 from around ₹4.5 lakh cr in March 2018…India Inc should now display the proverbial 'animal spirits' and participate in the India growth story more vigorously…”@kantisoumya in @EconomicTimes
#Economy #Growth
The time is perhaps the best for private investors to complement public investment now. As they said “ships are safe in harbour, but that is not what they are meant for”…..
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