- RBI annual report is likely to reiterate RBI’s concerns on the current growth slowdown in the midst of benign inflation
- The annual report is likely to highlight the state of the banking system including NBFCs
The Reserve Bank of India is set to release its Annual report for the financial year 2018-19 today. The report, which is released every year, analyses the working and operations of the RBI and suggests measures to improve the economic performance. Here are the 3 main things to watch out for from the annual report.
RBI’s Balancesheet
The FY19 annual report is significant in the backdrop of the release of the new economic capital framework under which RBI will transfer ₹1.76 trillion surplus to the government. The transfer includes ₹1.23 trillion of surplus for 2018-19 and ₹52,637 crore of excess provisions. The annual accounts will therefore give a detailed explanation of the reason behind the increase in surplus during the last financial year. In comparison, the central bank had seen a balancesheet increase of 9.49% with overall surplus at ₹50,000 core for the year ended 30 July, 2018. Mint had reported on Wednesday that the transfer of the surplus to RBI is balancesheet neutral as it will not require the central bank to sell assets.
Source: Livemint
