- The Confederation of Indian Industry (CII), led by Mukundan, discussed necessary industry reforms in India in light of the ongoing West Asia crisis.
- Montek Singh Ahluwalia advises on Indian economic policy and outlook, noting how the West Asia crisis impacts global oil prices and supply chains.
- Climate patterns like El Nino are weakening monsoons, while the West Asia conflict drives up global energy prices and contributes to a projected GDP slowdown.
- The West Asia conflict is causing supply shocks to India, leading the RBI to provide GDP growth estimates amid global uncertainty.
The Reserve Bank of India is monitoring bad loan ratios across 46 banks as financial stability hinges on external shocks and geopolitical risks from West Asia.
2 reports, 2 independent
Updated Jul 14
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What happened
The Reserve Bank of India is monitoring bad loan ratios across 46 banks as financial stability hinges on external shocks and geopolitical risks from West Asia.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- SBI research analyzed the banking system in India, noting the West Asia conflict as a supply side shock.Sub-event
- PSU banks, including Bank of Baroda, Indian Bank, and Indian Overseas Bank, are facing significant losses.Sub-event
RBI monitors bad loan ratios in Indian banking sector due to West Asia geopolitical risks.1 source
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The entities involved
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Reserve Bank of India
central bank of India
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West Asia
western region of Asia