Annual Report of RBI-2021 – IASPOINT

Annual Report of RBI-2021

Annual report 2021 has been published by the Reserve Bank of India. This report highlights that asset quality of banks and their preparedness requires close monitoring for higher provisioning for the upcoming quarters. Earlier, the Reserve Bank of India (RBI) in its semi-annual financial stability report highlighted that bad loan ratio of banks could rise to 13.5% under the baseline stress scenario by the month of September 2021. RBI has also transferred an amount of Rs 99,122 crore to the government as surplus last week.

Key findings

About Reserve Bank of India

Formed: 1st April, 1935

Governor: Shaktikanta Das

Headquarter: Mumbai.

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