RBI 2018-19 Annual Report | Economics study material PDF free download

RBI 2018-19 Annual Report | Economics study material PDF free download | Indian economics study material 

The Reserve Bank of India (RBI) has released its annual report for 2018-19 (July-June) on August 29. India is expected to face a sluggish pace before the boom. This is referred to as the cyclical effect (top bottom). The Center for Consumerism and Private Investment Restoration explained that there is a need for higher priority for policy makers.

Highlights of the report ..

There is a huge need to support infrastructure.

Domestic demand conditions were weaker than expected. Appropriate measures must be taken in the system for its recovery.

Business conditions need to improve.

There are positives in the economy. With adequate rainfall, custodial prices, liquidity constraints, and current account deficits are a priority.

Fast merger process in banking.

The RBI's 1.10 per cent repo rate cut for four consecutive quarters (RBI's interest rate on lending to banks - currently 5.40 per cent) is aimed at slowing growth. Growth is expected to be 6.9% in 2019-20.

In the wake of the failure of IL&FS - the debt of non-banking financial institutions (NBFCs) to the commercial sector fell 20 per cent. The amount of debt in 2017-18 is Rs.11.60 lakh crore and in 2018-19 this amount is Rs.9.34 lakh crore.

The trade relations between the US and China are of international concern.

Banking stubbornness declined. If debt is 11.2 percent of total debt in 2017-18, it will fall to 9.1 percent in 2018-19.

The value of bank frauds will reach Rs 71,543 crore in 2018-19. This value increased by 73.8% (Rs 41,167.04 crore) from 2017-18. The number of cases increased by 15%, from 5,916 to 6,801.

Revised rules on salaries of chiefs of private banks and foreign banks will be released soon.

Exploit social media platforms like Facebook and Twitter to raise awareness of RBI for youth.

The emergency fund at RBI is shrinking to Rs 1.96 lakh crore in the wake of transfer of surplus funds to the center of Rs 52,000 crore.