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Financial Stability Report
July 8 , 2022
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- The Reserve Bank of India released its bi-annual Financial Stability Report (FSR).
- The asset quality of the banking system has improved with the gross non-performing assets (GNPA).
- Its ratio is declining from 7.4 per cent in March 2021 to a six-year low of 5.9 per cent in March 2022.
- Provisioning coverage ratio (PCR) improved to70. 9 per cent in March 2022 from 67.6 per cent a year ago.
- PCR is the percentage of funds that a bank sets aside for losses due to bad debts.
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