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RBI’s Report On Trend And Progress of Banking In India In FY20: Key Takeaways By ICICI Securities 

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

We draw the following inferences from the report on Trend and Progress of Banking – FY20 (released by the Reserve Bank of India)

1. Indian financial system (banks in particular) has displayed resilience and strengthening of the balance sheet (Covid-19 provisioning, plough back of dividend, capital buffer) will help shield financiers against stress emanating from the pandemic;

2. troika of policy rate cuts/liquidity infusion, regulatory forbearance and time-bound resolution with additional provisions ease immediate concerns.

However, it will be key to assess the impact when policy support is rolled back as asset quality may deteriorate.

Click on the attachment to read the full report:

ICICI Securities Read throughs from RBIs Banking FY20 Trend and Progress Report_Dec20.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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