RBI Releases Annual Report 2021-22

On 27th May, 2022, the Reserve Bank of India (RBI) released the RBI Annual Report 2021-22.

  • The report covers the working and functions of the central bank for the period from April 2021 to March 2022.
  • It warns global recovery this year could suffer a significant loss of momentum, with negative external effects affecting the financial and commodity markets, surging food and/fuel prices adversely impacting the disadvantaged sections of society.

Major Highlights

Higher Risk Appetite of NBFCs

  • Higher risk appetite of NBFCs has contributed over time to their size, complexity, and interconnectedness.
  • This poses a potential threat to the country’s financial stability ....
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