A nudge to borrowers – The Hindu (Jan 04, 2017)

The State Bank of India’s decision to cut its marginal cost of funds based lending rate (MCLR) by 90 basis points is a timely nudge to borrowers,…. For further reading, visit “The Hindu”.

Courtesy: The Hindu

nudge (noun) – encouragement, prompt, stimulus/push.
awash (adjective) – inundated, flooded, swamped.
knock (noun) – setback, bad experience/luck, disappointment.
in the wake of (phrase) – aftermath, as a consequence of, as a result of.
cash crucnch (noun) – a severe shortage of money.
spur (verb) – stimulate, encourage, prompt.
decelerate (verb) – slow down, reduce speed, slack up.
unenviable (adjective) – difficult, undesirable, unpleasant.
stagnate (verb) – do nothing, deteriorate, decline/fall.
woes (noun) – trouble, difficulty, problem.
willy-nilly (adverb) – randomly, without planning, haphazardly.
windfall (noun) – bonanza, a large amount of money received unexpectedly, jackpot.
launch pad (noun) – platform, base.
vying (present participle of vie (verb) – compete, contest, fight.
structure (verb) – organise, arrange, design.
bid (noun) – attempt, endeavour, effort.
capitalise on (verb) – take advantage of, benefit from; cash in on.
enduring (adjective) – long-lasting, persisting, prevailing/unchanging.
revival (noun) – improvement, rallying, betterment.
appetite (noun) – a strong desire, craving, hunger.
constraint (noun) – restriction, limitation, curb.
swell (verb) – increase, multiply, grow larger.
fiscal stimulus – it refers to increasing government consumption or transfers or lowering taxes (courtesy: Wikipedia).
reinvigorate (verb) – re-energize, fortify, strengthen.
flag (verb) – indicate, identify, point out.

04jan16_wl2 Note:

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