RBI’s Financial Stability Report

Subject – Economy

Context –Last week, the Reserve Bank of India (RBI) released its latest Financial Stability Report (FSR).

Concept –

It details the current status of different financial institutions such as all the different types of banks and non-banking lending institutions.
It also maps the state of credit growth and the rate at which borrowers are defaulting on paying back loans.
As part of the FSR, which is published twice each year, the RBI also conducts a Systemic Risk Survey (SRS), wherein it asks experts and market participants to assess the financial system on five different types of risks — global, financial, macroeconomic, institutional and general.