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What Does RBI's Financial Stability Report Reveal? | Mint Primer | Mint

RBI’s Financial Stability Report (FSR) reveals the gross non-performing assets (GNPA) ratio has been gradually trending downwards from 9.3% in September 2019 to a seven-year low at 5.0% in September 2022, while net non-performing assets have dropped to a 10-year low of 1.3% of total assets. The stress tests in RBI’s Financial Stability Report showed that banks are capable of absorbing shocks even under adverse situations. Let's do an in-depth analysis of the report to determine its trend, the policy actions that have been helpful, and what can be done to make things even better.

5 Feb 2023
Markets

Finance ministry invites bids from advisors to launch financial sector ETF

The govt is looking at diversifying the ETF basket by including stocks of PSBs, public sector insurance firms and public sector financial institutions.The government currently has two exchange-traded funds - CPSE ETF and Bharat-22 ETF - listed on domestic exchanges

2 min read27 Jun 2019
Money

Nilekani report proposes to simplify KYC norms

This will not only help customers but also accelerate growth of the financial sectorA bank should be able to share KYC data with a mutual fund when the customer invests from her bank account

6 min read5 Jun 2019
Money

Financial sector reforms NDA-2 needs to roll out in second term

The government will need to keep the momentum of reforms in pension, tax and other sectors goingA single regulator for all retirement and pension products and a single tax structure would be the two key reforms

6 min read26 May 2019
Industry

How to reform India’s financial sector

Implementation of the Indian Financial code will provide the momentum that the country’s ailing financial system requires

1 min read20 May 2019
Money

Benefits and schemes the financial sector offers for women

Women, typically, have to pay lower life insurance premiums than men because of their longer lifespansThe financial sector offers certain benefits and schemes that can help you take that step towards becoming independent. Here are some of them

3 min read7 Mar 2019
Politics

Opinion: NBFCs may need to suffer some pain

Ever since a leading NBFC -- IIL&FS -- defaulted on some of its debt recently, the entire sector has been starved of funds

3 min read13 Nov 2018
Politics

Ransomware attacks on financial sector major concern for Delhi Police: Special CP

The use of cyberspace for economic offences has reached higher levels and ransomware attacks on financial sector are a major concern for the Delhi Police: Special CP

1 min read2 Nov 2018
Industry

SBI comes to the aid of NBFCs battered by IL&FS crisis

State Bank of India (SBI) has tripled its loan portfolio purchase goal to 45,000 crore to rescue cash-strapped NBFCs

2 min read10 Oct 2018
Companies

IL&FS takeover done, government focus now on financials

The government has superseded the IL&FS board and appointed six new directorsincluding Uday Kotak and ICICI Bank's G.C. Chaturvedito restore confidence in the financial markets

3 min read1 Oct 2018
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