RBI releases Report on Trend and Progress of Banking in India 2019-20

Last updated: 30 December 2020

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The Reserve Bank of India has published its Report on Trend and Progress of Banking in India 2019-20. This year's report focuses on the significant impact of COVID-19 on the banking and non-banking financial sectors, outlining the challenges and the strategies for moving forward. It highlights improvements in scheduled commercial banks' asset quality and capital ratios, alongside policy measures taken by the RBI to mitigate the pandemic's effects.

Today, the Reserve Bank of India released theReport on Trend and Progress of Banking in India 2019-20, a statutory publication in compliance with Section 36 (2) of the Banking Regulation Act, 1949. This Report presents the performance of the banking sector, including co-operative banks, and non-banking financial institutions during 2019-20 and 2020-21 so far. The broad theme of this years report is the impact of COVID-19 on banking and non-banking sectors, and the way forward. The highlig

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FAQ :

The report details the performance of the banking sector, including co-operative banks and non-banking financial institutions, during 2019-20 and the first half of 2020-21, with a focus on the impact of COVID-19.

The report's broad theme is the impact of COVID-19 on banking and non-banking sectors, examining the challenges and the way forward.

SCBs saw a decline in their gross non-performing assets (GNPA) ratio and an increase in their Capital to Risk Weighted Assets (CRAR) ratio. Their net profits also turned around in 2019-20.

The RBI implemented various policy measures, strengthened its regulatory powers through legislative amendments, and enhanced its supervisory framework.

UCBs experienced moderated balance sheet growth, deterioration in asset quality, and net losses due to increased provisioning, despite lower deposit accretion and credit expansion.

The report offers perspectives on the evolving outlook for India's financial sector.

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