Some stability returns

RBI report suggests banks weathering pandemic

Topics
RBI Financial Stability Report | Financial Stability Report | Indian Economy

Business Standard Editorial Comment  |  New Delhi 

The Reserve Bank of India (RBI) on Thursday released its Financial Stability Report (FSR), which analyses the macro-financial risks facing the Indian economy. The RBI’s opinion on financial risks, particularly to the banking sector, is important at a time in which the Indian and global economies are still suffering because of the effects of Covid-19.

Some sectors were brought to a standstill and the pandemic had a very uneven effect across industries and geographies. In this context, the FSR has some relatively good headline news. In particular, the RBI’s stress tests suggest ...

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First Published: Thu, July 01 2021. 22:17 IST
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