| Global Macrofinancial Risks | - Disinflation challenges, high public debt, stretched asset valuations, economic fragmentation, geopolitical tensions, climate disasters, cyber threats. - Emerging market economies (EMEs) remain vulnerable. |
| Domestic Macrofinancial Risks | - Moderating inflation, strong external position, fiscal consolidation. - Improved business and consumer confidence, healthy balance sheets of financial institutions. |
| Scheduled Commercial Banks (SCBs) | - Return on Assets (RoA): 1.3%, Return on Equity (RoE): 13.8%. - Gross NPAs: 2.8%, Net NPAs: 0.6%. - CRAR: 16.8%, CET1 ratio: 13.9%. - Macro stress tests show adequate capital buffers. |
| Urban Co-operative Banks (UCBs) | - CRAR increased to 17.5% in March 2024. |
| Non-Banking Financial Companies (NBFCs) | - CRAR slightly declined to 26.6%. - GNPA ratio: 4.0%, RoA: 3.3%. |
| Insurance Sector | Consolidated solvency ratio remains above 150%. |
| Mutual Funds & Clearing Corporations | Stress tests indicate robust resilience. |
| Global Regulatory Initiatives | Focus on financial stability, global standards, interconnectedness risks, digitalization, climate risks, cyber risks. |
| Domestic Regulatory Initiatives | - Proportional regulations, technology leverage for service and risk management. - Limiting procyclical activities. |
| Systemic Risk Assessment | - All major risk groups categorized as 'medium'. - Optimism in domestic financial system. - Near-term risks: geopolitical risks, global financial tightening, capital outflows. |
| Key Highlights | - Global economy resilient despite risks. - Indian financial system robust and resilient. - SCBs' CRAR: 16.8%, CET1 ratio: 13.9%. - SCBs' GNPA: 2.8%, NNPA: 0.6%. - NBFCs' CRAR: 26.6%, GNPA: 4.0%, RoA: 3.3%. |
