financial stability

Mint Quick Edit | RBI’s financial stability report is reassuring

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Going by the Reserve Bank of India’s (RBI) latest Financial Stability Report released on Thursday, banks are nice and stable. Bad loans as a proportion of overall loans are at multi-year lows, with their gross ratio standing at 2.8% in March 2024, which could decline further to 2.5% by March next.  Their capital buffers have … Read more

RBI Extends Currency Swap Support For SAARC Nations Until 2027

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This initiative aims to strengthen economic cooperation within the SAARC region. New Delhi: The Reserve Bank of India (RBI), with the approval of the Government of India, has introduced a revised Framework on Currency Swap Arrangement for SAARC (South Asian Association for Regional Cooperation) countries, covering the period from 2024 to 2027, said RBI on … Read more