| Foreword |
| List of Select Abbreviations |
| Overview |
| Chapter I : Macro-Financial Risks |
| Global backdrop |
| Domestic economy |
| Corporate sector |
| Chapter II : Financial Institutions: Soundness and Resilience |
| Scheduled commercial banks |
| Performance |
| Risks |
| Resilience - Stress tests |
| Scheduled urban co-operative banks |
| Performance |
| Resilience - Stress tests |
| Non-banking financial companies |
| Performance |
| Resilience - Stress tests |
| Interconnectedness |
| Chapter III : Financial Sector: Regulation and Development |
| International and domestic regulatory developments |
| Other developments, market practices and supervisory concerns |
| Annex 1: Systemic Risk Survey |
| Annex 2: Methodologies |
| LIST OF BOXES |
| 3.1 Impact of Ind AS implementation on banks |
| 3.2 Insurance Industry – new challenges & opportunities |
| 3.3 Cyber Risks to financial stability |
| LIST OF CHARTS |
| 1.1 Advanced Economies production and global PMI |
| 1.2 Advanced Economies Financial condition index |
| 1.3 RWI/ISL container throughput index |
| 1.4 Changes in world trade and dollar TWI |
| 1.5 Movement in commodity indices |
| 1.6 Profit margins of world, US and EM indices |
| 1.7 Composition of portfolio flows to emerging markets |
| 1.8 US vis-à-vis EM equity PE ratios |
| 1.9 Drivers of CPI (excluding food and fuel inflation) |
| 1.10 Evolution of leverage of select PSUs |
| 1.11 Market borrowings |
| 1.12 Indian equity and bonds markets since demonetisation |
| 1.13 Monthly FPI/FII net debt investments vis-à-vis 10-year yields |
| 1.14 GoI cumulative borrowing vis-à-vis secondary market liquidity |
| 1.15 Secondary market liquidity vis-à-vis OIS/ G-Sec spread |
| 1.16 Flow of resources to the commercial sector |
| 1.17 Trends in residential property prices |
| 1.18 NGNF listed companies: ‘Weak’ companies – current trend |
| 1.19 Borrowings by select industries |
| 1.20 Risk profiles of select industries |
| 1.21 Corporate sector stability indicator and map |
| 1.22 Weak Companies- Impact of shocks |
| 1.23 Leveraged weak companies- Impact of shocks |
| 2.1 Select performance indicators of SCBs |
| 2.2 Select asset quality indicators of SCBs |
| 2.3 Select asset quality indicators of large borrowers of SCBs |
| 2.4 Banking stability indicator |
| 2.5 Banking stability map |
| 2.6 Macroeconomic scenario assumptions |
| 2.7 Projection of GNPAs of SCBs |
| 2.8 Projection of CRAR |
| 2.9 Projection of CET 1 capital ratio |
| 2.10 Credit risk - Shocks and impacts |
| 2.11 CRAR-wise distribution of banks |
| 2.12 Credit concentration risk: Individual borrowers – Stressed advances |
| 2.13 Credit concentration risk: Individual borrowers – Exposure |
| 2.14 Sectoral credit risk: Infrastructure - shocks and impacts |
| 2.15 Equity price risk |
| 2.16 Liquidity risk – Shocks and impacts using HQLAs |
| 2.17 Liquidity risk – Shocks and impacts |
| 2.18 Bottom-up stress tests – Credit and market risks – Impact on CRAR |
| 2.19 Bottom-up stress tests – Liquidity risk |
| 2.20 MTM of total derivatives - Select banks - March 2017 |
| 2.21 Stress tests - Impact of shocks on derivative portfolio of select banks |
| 2.22 Asset quality and capital adequacy of the NBFC sector |
| 2.23 Interbank market |
| 2.24 Share of different bank groups in the Interbank market |
| 2.25 Composition of fund based interbank market – March 2017 |
| 2.26 Network structure of the Indian banking system – March 2017 |
| 2.27 Connectivity Statistics of the banking system |
| 2.28 Network plot of the financial system– March 2017 |
| 2.29 Net lending (+ve) / borrowing (-ve) by the institutions |
| 2.30 Gross exposure (receivable) of pension funds |
| 2.31 Exposure to housing finance companies – March 2017 |
| 2.32 Top 10 banks with maximum contagion impact - Solvency losses – March 2017 |
| 2.33 Top 10 banks with maximum contagion impact - Liquidity losses – March 2017 |
| 3.1 Select capital and liquidity ratios for group 1 banks |
| 3.2 NPS – subscribers and AUM |
| 3.3 Fund raised from capital market and bank credit |
| 3.4 FPI Investment in equities and bonds |
| 3.5 Net purchases of MFs and FIIs in equities |
| 3.6 Mutual funds – trends in resource mobilisation |
| 3.7 Mutual funds – Asset under management |
| 3.8 Product segment-wise share in all- India commodity futures turnover (2016-17) |
| 3.9 Trend in notes in circulation and digital transactions |
| 3.10 Trends in digital transactions |
| LIST OF TABLES |
| 1.1 Select financial ratios of performance of NGNF listed companies |
| 1.2 NGNF listed companies: Change in corporate borrowings |
| 1.3 NGNF listed companies: Tail risk in corporate leverage |
| 2.1 Credit concentration risk: Group borrowers – Exposure |
| 2.2 Interest rate risk – Bank groups - shocks and impacts |
| 2.3 Consolidated balance sheet of NBFC sector: Y-o-Y growth |
| 2.4 Select ratios of NBFC sector |
| 2.5 Inter-sector assets and liabilities – March 2017 |
| 3.1 Important prudential and consumer protection measures & rationale thereof (January – June 2017) |
| 3.2 Secondary market turnover data for corporate bonds |