India : Financial System Stability Assessment-Press Release and Statement by the Executive Director for India

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

December 21, 2017

Electronic Access:

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Summary:

Against the backdrop of important structural reforms and terms of trade gains, India recorded strong growth in recent years in both economic activity and financial assets. Increased diversification, commercial orientation, and technology-driven inclusion have supported growth in the financial industry, backed by improved legal, regulatory, and supervisory frameworks. Yet, the financial sector is grappling with significant challenges, and growth has recently slowed. High nonperforming assets (NPAs) and slow deleveraging and repair of corporate balance sheets are testing the resilience of the banking system and holding back investment and growth.

Series:

Country Report No. 17/390

Subject:

English

Publication Date:

December 21, 2017

ISBN/ISSN:

9781484334164/1934-7685

Stock No:

1INDEA2017003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

94

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