With the economy slowing and India Inc’s debts looking worrying with the rupee slipping the way it is, it is not surprising RBI’s latest Financial Stability Report (FSR) should say macro risks have risen over the past 6 months. The ratio of India’s short-term debt to forex reserves, for instance, has risen by nearly half between March 2011 and December 2012, from 21% to 31%. That said, what’s comforting is RBI’s tests show the financial system is well equipped to handle even fairly severe stress levels. The report, however, does point to some issues that call for more prudence..............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment