Financial Stability Report
On 1st July, 2021, the Reserve Bank of India (RBI) released the 23rd issue of the Financial Stability Report (FSR).
- The Financial Stability Report (FSR) is published biannually and includes contributions from all the financial sector regulators. Accordingly, it reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC-SC) on risks to financial stability.
Major Highlights
Impact of COVID
- The global financial system has so far largely withstood the shocks from waves of the COVID-19 pandemic, even as the incidence and sheer scale of human misery and loss is unprecedented.
- With vaccination drives and access ....
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