The Bi-annual Reserve Bank of India has recently released the 18th issue of the Financial Stability Report (FSR) for the year 2018.
The FSR reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability, as also the resilience of the financial system.
This is the first such report that has been published after Mr. Shaktikanta Das became the Governor of RBI in December following Urjit Patel’s departure.
Key Findings
The GNPA ratio of both public and private sector banks showed a half-yearly decline, for the first time since March 2015.
The Gross Non-Performing Assets (GNPA) of Scheduled Commercial Banks (SCB) ratio declined from 11.5% in March 2018 to 10.8% in September 2018.
The ratio of Restructured Standard Advances (RSAs) steadily declined to 0.5% in September 2018.