On July 01, 2021, Reserve Bank of India (RBI) Released the 23rd issue of its bi-annual Financial Stability Report (FSR) 2021. It estimated the Scheduled Commercial Banks (SCBs) Gross Non-
Performing Assets (GNPAs) to rise by 9.8
Percent in March 2022 (as per the baseline Scenario), from 7.48 percent in March 2021.
• GNPAs in March 2022 is estimated to be 11.22 percent as per the severe stress
Scenario. The report stated economic
Recovery in May and early June 2021
• FSR: It is the bi-annual collective assessment Of the ‘Sub-Committee of the Financial Stability and Development Council’ (FSDC- SC) on risks to financial stability.The current report was based on RBI’s macro Stress tests covering the Second Half Yearly(H2) (October- March) FY21.
H2 FY21 Projection of SCBs’ GNPA and NNPA Ratio:
Establishment-1st April 1935
Headquarters- Mumbai, Maharashtra
Governor Shaktikanta Das
Deputy Governors- Mahesh Kumar Jain,
Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar