PART ONE: THE ECONOMY - REVIEW AND PROSPECTS |
I. ASSESSMENT AND PROSPECTS |
Assessment: 2016-17 |
Prospects: 2017-18 |
II. ECONOMIC REVIEW |
The Real Economy |
Price Situation |
Money and Credit |
Financial Markets |
Government Finances |
External Sector |
PART TWO: THE WORKING AND OPERATIONS OF THE RESERVE BANK OF INDIA |
III. MONETARY POLICY OPERATIONS |
Monetary Policy |
The Operating Framework |
Monetary Policy Transmission |
Sectoral Lending Rates |
IV. CREDIT DELIVERY AND FINANCIAL INCLUSION |
Credit Delivery |
Financial Inclusion |
Financial Literacy |
V. FINANCIAL MARKETS AND FOREIGN EXCHANGE MANAGEMENT |
Financial Markets Regulation Department |
Financial Markets Operations Department |
Foreign Exchange Department |
VI. REGULATION, SUPERVISION AND FINANCIAL STABILITY |
Financial Stability Unit |
Regulation of Financial Intermediaries |
Commercial Banks: Department of Banking Regulation |
Cooperatives Banks: Department of Cooperative Bank Regulation |
Non-Banking Financial Companies: Department of Non-Banking Regulation |
Supervision of Financial Intermediaries |
Commercial Banks: Department of Banking Supervision |
Cooperative Banks: Department of Cooperative Bank Supervision |
Non-Banking Financial Companies: Department of Non-Banking Supervision |
Enforcement Department |
Consumer Education and Protection Department |
Deposit Insurance and Credit Guarantee Corporation |
National Housing Bank |
VII. PUBLIC DEBT MANAGEMENT |
Debt Management of the Central Government |
Debt Management of State Governments |
VIII. CURRENCY MANAGEMENT |
Trends in Currency |
Currency Management Infrastructure |
Clean Note Policy |
Counterfeit Notes and Security Printing |
Department of Currency Management |
Bharatiya Reserve Bank Note Mudran Private Limited |
IX. PAYMENT AND SETTLEMENT SYSTEMS AND INFORMATION TECHNOLOGY |
Department of Payment and Settlement Systems |
Trend and Progress in Payment Systems |
Department of Information Technology |
X. GOVERNANCE, HUMAN RESOURCES AND ORGANISATIONAL MANAGEMENT |
Governance Structure |
Communication Processes |
Human Resource Initiatives |
Strategic Research Unit |
Enterprise Wide-Risk Management |
Internal Audit/ Inspection |
International Relations |
Government and Bank Accounts |
Managing Foreign Exchange Reserves |
Economic and Policy Research |
Statistics and Information Management |
Legal Issues |
Corporate Strategy and Budget Management |
Corporate Services |
Rajbhasha |
Premises Department |
XI. THE RESERVE BANK’S ACCOUNTS FOR 2016-17 |
Balance Sheet |
Statement of Significant Accounting Policies for the year ended June 30, 2017 |
Income |
Expenditure |
Annex: Chronology of Major Policy Announcements: July 2016 to June 2017 |
Appendix Tables |
BOXES |
II.1 Is Consumption-Led Expansion Sustainable?: A Case Study of India |
II.2 Dynamics of Pulses Production |
II.3 Distribution of Inflation in India |
II.4 Decoding CPI Inflation Excluding Food and Fuel |
II.5 Credit and Output: Macro and Sectoral Dimensions |
II.6 Indian Equity Prices: A Sustainability Analysis |
II.7 Fair-value of the Rupee |
II.8 Recommendations of the FRBM Review Committee |
II.9 Farm Loan Waiver |
II.10 Assessment of India’s External Sector Resilience |
III.1 MCLR, Lending Rates and Health of the Banking Sector |
IV.1 National Strategy for Financial Inclusion |
IV.2 Pan India Financial Literacy and Inclusion Survey |
IV.3 Pilot Project on Setting up Centres for Financial Literacy (CFLs) |
VI.1 Market Reaction to the NPA Ordinance |
VI.2 The Insolvency and Bankruptcy Code, 2016 |
VI.3 Rationalisation of Branch Authorisation |
VI.4 Modifications in Permissible Activities of IFSC Banking Units (IBUs) |
VI.5 Implementation of Ind AS - Guidance on the Expected Credit Loss Framework |
VI.6 Discussion Paper on Wholesale and Long-Term Finance Banks |
VI.7 Two-tier Rural Cooperative Structure in Jharkhand |
VI.8 Asset Reconstruction Companies: Progress and the Way Forward |
VI.9 Asset Quality Review (AQR) in Perspective - Lessons Learnt |
VI.10 Revised Prompt Corrective Action Framework for Banks |
VI.11 Standing Committee on Cyber Security |
VI.12 Sachet Portal |
VI.13 Supervisory Enforcement Framework |
VI.14 The Ombudsman Scheme for Non-Banking Financial Companies |
VI.15 Complaint Management System |
VIII.1 Survey-Based Estimation of Fake Indian Currency Notes (FICNs) |
IX.1 Distributed Ledger Technology (DLT) |
X.1 Social Media and Central Bank Communication: An Overview |
X.2 The RBI Academy |
X.3 Risk Tolerance Framework of the Reserve Bank |
X.4 Developments in the Incident Reporting System |
X.5 Approaches to Capital Account Liberalisation: OECD and IMF |
X.6 Effects of G-20 Regulatory Reforms on India |
X.7 Corporate Strategy in the Reserve Bank |
APPENDIX TABLES |
1. Macroeconomic and Financial Indicators |
2. Growth Rates and Composition of Real Gross Domestic Product (At 2011-12 Prices) |
3. Gross Savings |
4. Inflation, Money and Credit |
5. Capital Market - Primary and Secondary |
6. Key Fiscal Indicators |
7. Combined Receipts and Disbursements of the Central and State Governments |
8. India’s Overall Balance of Payments |
9. Foreign Direct Investment Flows to India: Country-wise and Industry-wise |