JOIN USRBI annual report 2018-19: 7 Key takeaways
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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