TNPSC Thervupettagam

Financial Stability Report (FSR)

January 18 , 2021 1410 days 923 0
  • It was released by the Reserve Bank of India.
  • It is a biannual report.
  • This is the 22nd issue.
  • According to this report, Banks' gross non-performing assets may rise to 13.5% by September 2021.
  • It was 7.5% in September 2020 under the baseline scenario.
  • The RBI Financial Stability Report is released by the Financial Stability and Development Council.
  • The Union Finance Minister is the chairperson of the Financial Stability and Development Council.
  • The idea of the council was mooted by Raghuram Rajan Committee in 2008.

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