Page 51 - Development Council News Today

Get latest articles and stories on Latest News at LatestLY. Banks will be able to comply with minimum capital requirements under severe stress scenarios, while some weaknesses were witnessed in the NBFC sector compared to the March 2023 position, according to an RBI's Financial Stability Report released on Thursday. Latest News | Banks Fare Well in Stress Test, NBFCs Show Some Weakness: RBI Report.

The net non-performing assets ratio of banks declined to a multi-year low of 0.8 per cent in September 2023, reflecting the strength of the country's financial sector, according to the RBI's Financial Stability report.Mumbai, Dec 27 (IANS) The ...

Get latest articles and stories on Business at LatestLY. Reserve Bank of India on Thursday released the 28th issue of the Financial Stability Report, December 2023 reflecting the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the Indian financial system. Business News | Bad Assets of Banks Continue to Decline, Indian Economy Remains Resilient: RBI Report.

Deliberation over incremental increases to Thailand’s minimum wage underscores a delicate balance between the imperative for fair compensation and the necessity to preserve economic competitiveness. 

According to the RBI report, Scheduled Commercial Banks gross non-performing assets (GNPA) ratio continued to decline to a multi-year low of 3.2 per cent and the net non-performing assets (NNPA) ratio to 0.8 per cent in September 2023.

The report reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the Indian financial system.

Get latest articles and stories on India at LatestLY. Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major economies in the world with a rising potential growth profile, and stressed that the central bank remains committed to act early and decisively to prevent any build-up of risks. India News | RBI to Act Early to Prevent Any Risk to India's Fastest Growth Potential: Guv Shaktikanta Das.

Indian economy exhibits macroeconomic resilience, with a robust financial system that is supporting its growth dynamics: Das

India Business News: RBI released the 28th issue of the Financial Stability Report, December 2023. The report highlights the decline in gross non-performing assets (GNPA)

Autocrats from Myanmar to Vietnam showed they couldn’t control crime in 2023.