Credit flow from NBFCs to the commercial credit stood at Rs 9.34 trillion as of FY19, down from a high Rs 11.60 trillion as of FY18, the RBI says in its annual report for 2019
The Rs 500 and Rs 2,000 bank notes constituted 82.2% of the total value of bank notes in circulation at the end of March 2019
"This would open up a new channel for non-residents to undertake transactions in central government securities," the RBI Annual Report said
Among bank groups, PSBs, which constitute the largest market share in bank lending, have accounted for the bulk of frauds reported in 2018-19. It was followed by private sector banks and foreign banks
Cash held by the public now is back above pre-demonetisation levels
Urjit Patel also came down heavily on banks hiding their bad debts
RBI Annual Report seals the verdict on demonetisation
The share of newly introduced Rs 200 in the total value in circulation was 2.1 per cent
These numbers echo what the industry says: Feasibility of operations in rural areas is low
The rise in complaints was because of deficiencies in banking services
The RBI had started adding gold to its foreign currency reserves in smaller amount
It is now clear that some key members of the govt overestimated demonetisation's short-term gains
They called it a political move with objective of winning UP Assembly polls
From demonetisation on Nov 8 to declaration of total scrapped notes that came back -- a timeline
Read full text of the RBI annual report for FY17 which shows 99% of scrapped notes are back with RBI
Of the Rs 15.44 lakh cr withdrawn with scrapping of Rs 500, Rs 1,000 notes, Rs 15.28 lakh cr are back
Rajan says the room to cut policy rates can emerge only if inflation is projected to fall further