Banks contain gross NPAs at 9.1%: RBI
Early recognition and resolution of stressed assets have helped banks contain their gross non- performing loans ratio at 9.1 per cent in FY19 down from 11.2 per cent a year before, says the monetary authority
Supply of Rs 2,000 notes down by 69% in FY19
The supply of the Rs 2,000 denomination notes went down by 68.9% during 2018-19 to 47 million notes from 151 million notes a year ago
Cash circulation soared by 17% to Rs 21.1 lakh cr: RBI
Despite the many an effort to shift to digital payments and usher in a digital payment economy, the currency in circulation has jumped by a hefty 17 per cent to Rs 21.10 lakh crore as of March 2019, the Reserve Bank says in its annual report for 2019
NBFC funding to commercial sector fell 20%
The Reserve Bank has blamed the fall of the IL&FS group and the resultant negativism on the sector for the near 20 per cent plunge in the flow of credit to the commercial sector from non-banking lenders in FY19
Bank frauds touched Rs 71,543 cr in 2018-19: RBI
In FY19, banking sector reported 6,801 frauds involving Rs 71,542.93 crore as against 5,916 cases involving Rs 41,167.04 crore reported in 2017-18.
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Contingency fund plunges to Rs 1.96 lakh cr: RBI
The Reserve Bank's contingency fund, useful in fighting any exigency, has plunged to Rs 1.96 lakh crore as of June 30, after the Rs 52,000 crore excess payout to the government, says the central bank's annual report for FY19
RBI plays down deepening slowdown as 'cyclical downswing'
In the annual report for FY19, the central bank concedes that diagnosing the exact problems is "difficult", but reiterates that the issues are not structural in nature, barring those around land, labour and agri produce marketing
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