RBI опубликовал отчет о финансовой стабильности в июне 2026 года

The Reserve Bank of India (RBI) has released the June 2026 edition of the Financial Stability Report (FSR), providing a collective assessment of the Indian financial system's resilience and the prevailing risks to financial stability.

Domestic System Resilience

The report indicates that India's domestic financial system remains resilient, underpinned by strong balance sheets across both bank and non-bank sectors.

• Scheduled Commercial Banks (SCBs): SCBs are characterized as safe and sound, supported by robust capital and liquidity buffers, a continued improvement in asset quality, and stable profitability. Macro stress test results suggest the banking system is well-positioned to absorb shocks, with aggregate capital ratios projected to remain comfortably above regulatory thresholds under hypothetical adverse scenarios.
• Non-Banking Financial Companies (NBFCs): The NBFC sector remains financially sound, supported by strong capitalization, healthy profitability, and improving asset quality.
• Insurance Sector: The sector continues to display balance sheet resilience, with the solvency ratio for life insurers remaining above the minimum regulatory threshold.

Global Risks and Vulnerabilities

While the domestic outlook is positive, the report notes that global financial stability risks remain elevated. Key vulnerabilities that could amplify future shocks include:

• Global Macroeconomic Pressures: Persistent supply chain uncertainties could tighten financial conditions and revive inflationary pressures.
• Market Vulnerabilities: Elevated public debt, bond market fragilities, stretched asset valuations, and leveraged Non-Banking Financial Institutions (NBFIs) are identified as primary risks.

Despite these global headwinds, India's sound macroeconomic fundamentals provide greater resilience to external shocks compared to previous crisis episodes. The balance of risks has turned favorable, supported by recent policy measures aimed at strengthening capital inflows.

Financial institutions should continue to monitor global macroeconomic indicators and liquidity trends as part of their ongoing risk management frameworks.

Source: RBI releases the Financial Stability Report, June 2026
Domain: rbi.org.in