| Foreword |
| List of Select Abbreviations |
| Overview |
| Chapter I : Macro-Financial Risks |
| Global backdrop |
| Domestic economy |
| Corporate sector |
| Chapter II : Financial Institutions: Soundness and Resilience |
| Scheduled commercial banks |
| Performance |
| Risks |
| Resilience – Stress tests |
| Scheduled urban co-operative banks |
| Performance |
| Resilience – Stress tests |
| Non-banking financial companies |
| Performance |
| Resilience – Stress tests |
| Interconnectedness |
| Chapter III : Financial Sector Regulation |
| International and domestic regulatory developments |
| Other developments |
| The Financial Stability and Development Council |
| The banking sector |
| Payment and settlement systems |
| Evolving insolvency and resolution framework |
| Capital markets |
| The insurance sector |
| The pension sector |
| Consumer protection |
| Annex 1: Systemic Risk Survey |
| Annex 2: Methodologies |
| LIST OF BOXES |
| 1.1 Countercyclical Thinking |
| 1.2 System D |
| 3.1 TBTF – Who is benefitting? |
| 3.2 Reg Tech |
| 3.3 Financial Resolution and Deposit Insurance (FRDI) Bill 2016 |
| LIST OF CHARTS |
| 1.1 Policy uncertainty index – global trends |
| 1.2 Trends in expectations about changes in US Fed fund rates |
| 1.3 Trends in risk appetite Global High Yield Index |
| 1.4 Productivity slowdown in advanced economies |
| 1.5 Trends in world trade |
| 1.6 Corporate savings in select major economies |
| 1.7 Economic policy uncertainty index – India |
| 1.8 Trends in growth of exports and imports |
| 1.9 Trends in inflation |
| 1.10 India’s external sector indicators |
| 1.11 Trends in India’s remittance inflows |
| 1.12 Resource mobilisation from bank and non-bank sources |
| 1.13 Funds raised through the primary market |
| 1.14 Comparative returns and volatility of the Indian equity market |
| 1.15 Trends in India’s bond markets and currency markets |
| 1.16 FPI flows and USD-INR |
| 1.17 Trends in residential property prices |
| 1.18 NGNF listed companies: ‘Weak’ companies – current trend |
| 1.19 Debt of select industries |
| 1.20 Risk profiles of select industries |
| 1.21 Trends in credit ratings of debt instruments |
| 1.22 Corporate sector stability indicator and map |
| 2.1 Select performance indicators of SCBs |
| 2.2 Select asset quality indicators of SCBs |
| 2.3 Select asset quality indicators of large borrowers |
| 2.4 Banking stability indicator |
| 2.5 Banking stability map |
| 2.6 Macroeconomic scenario assumptions |
| 2.7 Projection of system level GNPAs and CRAR of SCBs |
| 2.8 Projection of bank group-wise GNPA ratio and CRAR |
| 2.9 Projected Sectoral NPAs under various scenarios |
| 2.10 Estimated losses-Bank group wise |
| 2.11 Estimation of losses: Bank-wise:September 2016 |
| 2.12 Credit risk – Shocks and Impacts |
| 2.13 CRAR-wise distribution of banks |
| 2.14 Credit concentration risk: Individual borrowers – Stressed advances |
| 2.15 Credit concentration risk: Individual borrowers – Exposure |
| 2.16 Sectoral credit risk: Infrastructure – Shocks and Impacts |
| 2.17 Liquidity risk – Shocks and impacts using HQLAs |
| 2.18 Liquidity risk – Shocks and Impacts |
| 2.19 MTM of Total Derivatives- September 2016 |
| 2.20 Stress Tests – Impact of shocks on derivative portfolio of select banks |
| 2.21 Asset quality and capital adequacy of the NBFC sector |
| 2.22 Size (turnover) of the interbank market |
| 2.23 Share of different bank groups in the interbank market |
| 2.24 Long-term and short-term exposures in fund-based interbank market |
| 2.25 Composition of short-term fund-based interbank market |
| 2.26 Composition of long-term fund-based interbank market |
| 2.27 Network structure of the Indian banking system – September 2016 |
| 2.28 Connectivity statistics of the banking system |
| 2.29 Network plot of the financial system |
| 2.30 Net lending (+ve)/ borrowing (-ve) by the institutions – March versus September 2016 |
| 2.31 Pattern of AMC-MFs’ and insurance companies’ exposure (gross fund based receivables) to banks |
| 2.32 Gross exposure (receivable) of pension funds |
| 2.33 Top 5 banks with maximum contagion impact |
| 3.1 Select capital and liquidity ratios for group 1 banks |
| 3.2 Share of various categories of payment systems |
| 3.3 Trends in usage of credit cards and debit cards |
| 3.4 Mutual funds’ mobilisation and redemption |
| LIST OF TABLES |
| 1.1 Select financial ratios of performance of NGNF listed companies |
| 1.2 NGNF listed companies: Change in corporate debt |
| 1.3 NGNF listed companies: Tail risk in corporate leverage |
| 2.1 Credit concentration risk: Group borrowers – Exposure |
| 2.2 Interest rate risk – Bank groups – Shocks and Impacts |
| 2.3 Consolidated balance sheet of the NBFC sector: Y-o-Y growth |
| 2.4 Select ratios of the NBFC sector |
| 3.1 Important prudential and consumer protection measures & rationale thereof July – December 2016 |
| 3.2 Interim and final orders passed by SEBI |