Indian Banks Well Capitalised, Returning To Profitability, Says RBI Report
Indian banks and non-banking institutions have sufficient capital buffers to withstand shocks and would be able to comply with minimum capital requirements even under extreme stress scenarios, according to a report published by the Reserve bank of India on Thursday.
The RBI said banks gross non-performing assets ratio fell to a six-year low of 5.9 per cent in March 2022.
"The financial system is well-capitalised and returning to profitability," Governor Shaktikanta Das said in his foreword to the report.
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A New Samvat Wishlist: Inclusive Prosperity And Human Development
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Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
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Ten Things I Learnt This Samvat
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Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
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Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
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It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
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Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
