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Current Affairs

12-01-2022 | 19:16 PM

24th Financial Stability Report


The Reserve Bank of India (RBI) recently released the 24th issue of the Financial Stability Report.

Report Key Highlights 

  • The global economic recovery has been losing momentum in the second half of 2021 in the face of resurfacing COVID-19 infections.

  • The corporate sector is gaining strength and bank credit growth is improving.

  • The capital to risk-weighted assets ratio (CRAR) of scheduled commercial banks (SCBs) rose to a new peak.

  • FSR is published by RBI bi-annually on behalf of the Financial Stability and Development Council, an umbrella group of regulators which gives an overview of the health of India's financial system.

  • It reflects the collective assessment of the Sub Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system in the context of contemporaneous issues relating to development and regulation of the financial sector.


 

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