Monetary Management And Financial Intermediation (View Of Economic Survey)

The Union Minister for Finance Nirmala Sitharaman presented the Economic Survey 2021-22 in Parliament. Repo rate was maintained at 4 per cent in 2021-22.

RBI undertook various measures such as G-Sec Acquisition Programme and Special Long-Term Repo Operations to provide further liquidity.

YoY Bank credit growth accelerated gradually in 2021-22 from 5.3 per cent in April 2021 to 9.2 per cent as on 31st December 2021.

The Gross Non-Performing Advances ratio of Scheduled Commercial Banks (SCBs) declined from 11.2 per cent at the end of 2017-18 to 6.9 per cent at the end of September, 2021.

Net Non-Performing Advances ratio declined from 6 percent to 2.2 per cent during the same period.

Capital to risk-weighted asset ratio of SCBs continued to increase from 13 per cent in 2013-14 to 16.54 per cent at the end of September 2021.

89,066 crore was raised via 75 Initial Public Offering (IPO) issues in April-November 2021, which is much higher than in any year in the last decade.

Comments