RBI GRADE B PHASE 2 ESI FM STUDY MATERIAL 2020:20th Financial Stability Report
RBI GRADE B PHASE 2 ESI FM STUDY MATERIAL 2020
The Reserve Bank of India, RBI has released its 20th Financial Stability Report on 27th Dec 19.
The report depicts that the country's financial system remains stable despite slowing economic growth.
As per the 20th Financial Stability Report:
The resilience of the banking sector has improved following recapitalization of Public Sector Banks (PSBs).
Persistence of the risks arising out of global or domestic economic uncertainties and geopolitical developments like a delay in the Brexit deal, trade tensions, whiff of an impending recession, oil-market disruptions and geopolitical risks.
India’s financial system remains stable notwithstanding weakening domestic growth.
India’s exports could face headwinds in the event of sustained global slowdown.
Current account deficit is likely to be under control reflecting muted energy price outlook.
Scheduled commercial banks’ (SCBs) gross non-performing assets (GNPA) ratio remained unchanged at 9.3% between March and September 2019 and predicted that SCBs’ GNPA ratio may increase from 9.3 % in September 2019 to 9.9 % by September 2020.
The size of the inter-bank market continued to shrink with inter-bank assets amounting to less than 4 % of the total banking sector assets as at end-September 2019.
WAP 8961215410 FOR DETAILS OF STUDY MATERIAL.
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