| Foreword |
| List of Select Abbreviations |
| Overview |
| Chapter I : Macro-Financial Risks |
| Global backdrop |
| Domestic economy |
| 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: Regulations and Developments |
| International and domestic regulatory developments |
| Other developments, market practices and supervisory concerns |
| Annex 1: Systemic Risk Survey |
| Annex 2: Methodologies |
| LIST OF BOXES |
| 1.1 Commodity Prices and Geopolitical risks |
| 1.2 When a Central Bank talks … |
| 3.1 Capital structure – debt and equity |
| 3.2 Regulations for resolutions |
| 3.3 Governance in PSBs – Views of previous committees |
| LIST OF CHARTS |
| 1.1 World economic growth |
| 1.2 Growth in world trade (Y-o-Y) |
| 1.3 Wage share of GDP |
| 1.4 Current account balance of the Euro area and select Euro area countries |
| 1.5 Portfolio investments in Asia |
| 1.6 Bloomberg Financial condition index |
| 1.7 Developments in US high yield bond market |
| 1.8 Growth in GDP and its components |
| 1.9 Credit growth in major sectors and major industries |
| 1.10 Share of gross fixed capital formation in GDP |
| 1.11 Stalled projects and new investments announced |
| 1.12 Central government revenue and capital expenditure as a share of total expenditure |
| 1.13 Debt position of central public sector undertakings |
| 1.14 Export and import growth, trade deficit and crude oil prices |
| 1.15 Trends in FPI investments |
| 1.16 FPI inflows in equity and debt in select emerging economies |
| 1.17 Earnings outlook and relative price to book valuation |
| 1.18 Trailing 12 PE – Peer comparison |
| 1.19 Movement in corporate bond spreads |
| 1.20 CDS, debt limit utilisation, G-sec yields, implied volatility, onshore-offshore forward premia differential and open interest position on NIFTY 50 |
| 1.21 All-India house price index |
| 2.1 Credit and deposit growth: y-o-y basis |
| 2.2 Capital adequacy |
| 2.3 Asset quality |
| 2.4 Change in asset quality |
| 2.5 Slippage from standard assets portfolio |
| 2.6 Stressed advances in broad sectors |
| 2.7 Stressed advances ratios of major sub-sectors within industry |
| 2.8 Share of large borrowers in SCBs’ loan portfolio |
| 2.9 Percentage change in the asset quality of large borrowers |
| 2.10 GNPA and SMA-2 ratios of large borrowers |
| 2.11 Composition of total funded amount outstanding of large borrowers |
| 2.12 Fund based exposure of SCBs to large borrowers (LBs)-Share of top 100 |
| 2.13 Asset quality and capital adequacy |
| 2.14 Provisioning gap and profitability |
| 2.15 Profitability |
| 2.16 Banking stability indicator |
| 2.17 Banking stability map |
| 2.18 Macroeconomic scenario assumptions |
| 2.19 Projection of GNPA ratio of SCBs |
| 2.20 CRAR projections |
| 2.21 Projection of CET 1 capital ratio |
| 2.22 Credit risk – shocks and impacts |
| 2.23 CRAR-wise distribution of banks |
| 2.24 Credit concentration risk: Individual borrowers – Stressed advances |
| 2.25 Credit concentration risk: Individual borrowers – Exposure |
| 2.26 Sectoral credit risk: Infrastructure – shocks and impacts |
| 2.27 Equity price risk |
| 2.28 Liquidity risk – Shocks and impacts |
| 2.29 MTM of total derivatives- select banks |
| 2.30 Stress tests – Impact of shocks on derivative portfolio of select banks |
| 2.31 Asset quality and capital adequacy of the NBFC sector |
| 2.32 Inter-bank market |
| 2.33 Share of different bank groups in the inter-bank market |
| 2.34 Composition of the fund based inter-bank market |
| 2.35 Network structure of the Indian banking system (SCBs + SUCBs) |
| 2.36 Connectivity statistics of the banking system |
| 2.37 Network plot of the financial system |
| 2.38 Net lending (+ve) / borrowing (-ve) by the institutions |
| 2.39 Exposure to NBFCs |
| 2.40 Exposure to HFCs |
| 2.41 Gross exposure (receivables) of pension funds |
| 2.42 Contagion plot – Impact of failure of a bank |
| 2.43 Contagion impact after macroeconomic shocks |
| 3.1 Global banking activity |
| 3.2 OTC derivatives and centrally cleared CDS |
| 3.3 Bond mobilisation through private placements |
| 3.4 NPS – sectoral distribution of subscribers |
| 3.5 NPS – sectoral distribution of AUM |
| 3.6 NPS – AUM per subscriber (₹ million) |
| 3.7 Corporate insolvency resolution process (CIRP) status |
| 3.8 CIRP – applicant wise – No. of cases |
| 3.9 Mutual funds |
| 3.10 Category-wise shareholding for top 500 scrips |
| 3.11 Category-wise shareholding for index scrips vis-à-vis top 500 scrips |
| 3.12 Percentage change in turnover – 2016-17 |
| 3.13 Group-wise turnover as a percentage of total equity turnover |
| 3.14 Movement of Indian and international commodity indices |
| 3.15 Product segment-wise share in all- India commodity futures turnover |
| 3.16 BSBDAs – amount outstanding and number of accounts |
| 3.17 BSBDAs – availment of OD facilities |
| 3.18 Volume and value of total electronic transactions |
| 3.19 Notes in circulation vs. value of electronic transactions |
| LIST OF TABLES |
| 1.1 MCLR and corporate yields |
| 2.1 Credit concentration risk: Group borrowers – Exposure |
| 2.2 Interest rate risk – Bank groups – shocks and impacts |
| 2.3 Select financial soundness indicators of SUCBs |
| 2.4 Aggregated balance sheet of NBFC sector: y-o-y growth |
| 2.5 Select ratios of NBFC sector |
| 2.6 Inter-sector assets and liabilities |
| 2.7 Top 5 banks with maximum contagion impact |
| 3.1 Ratings of listed companies by major credit rating agencies (CRAs) in India |
| 3.2 Important prudential and consumer protection measures and the rationale thereof |