India's macro fundamentals strong, all key indicators in positive zone: RBI Financial Stability Report
The Reserve Bank of India's December 2024 Financial Stability Report shows that the Indian financial system is resilient. Scheduled commercial banks exhibit strong profitability and declining non-performing assets. Non-banking financial companies have healthy capital buffers and good earnings. The insurance sector maintains a robust solvency ratio. Despite global risks, India's macroeconomic fundamentals remain strong.