BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
We draw the following inferences from the Reserve Bank of India's Financial Stability Report – June 2022:
Global financial stability risks have risen since the publication of the December 2021 FSR, while domestic macroeconomic and financial developments appear to have decoupled and posted a modest improvement.
Indian economy and the domestic financial system remain strong and resilient in a hostile international environment, supported by robust domestic macroeconomic fundamentals.
Macro-stress tests for credit risk reveal scheduled commercial banks are well capitalised and all banks would be able to comply with the minimum capital requirements even under adverse stress scenarios.
Gross non-performing asset ratio of all SCBs may improve from 5.9% in March 2022 to 5.3% by March 2023 under the baseline scenario (compared to 8.1% earlier envisaged for September-2022 and 9.8% for March-2022) driven by higher than expected bank credit growth and declining trend in the stock of GNPAs.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.