The Reserve Bank of India (RBI) on December 30, 2024, issued a notification regarding the Financial Stability Report, December 2024.
The following has been stated: -
•The Reserve Bank's December 2024 Financial Stability Report highlights the resilience of the global economy and the Indian financial system. Despite medium-term, risks like high public debt and geopolitical tensions, strong macroeconomic fundamentals and healthy banks support India’s financial system.
•Stress tests show banks and mutual funds have adequate capital buffers. Non-banking financial companies (NBFCs) and the insurance sector also remain robust with strong capital buffers and improving asset quality.
The detailed notification is given in the document below.
[Notification No. 2024-2025/1811]
