India’s household debt rises above 41% of GDP, but resilience remains intact, shows RBI FSR
Personal loans formed 22.3 percent of consumption-purpose loans as of end-September 2025. The risk-tier migration matrix for personal loans reveals greater stability in borrower profiles during September 2024-2025 compared to the previous year.
Stablecoin market triples to $300 billion in 2 years, RBI flags risks to monetary sovereignty
Regulators warn that privately issued digital money could undermine trust, trigger runs and weaken monetary policy transmission
Banks’ derivatives portfolios show higher sensitivity to rate and currency shocks in Sept 2025: RBI FSR
As per the stress test results, a rise in domestic interest rates resulted in a positive MTM impact of 5.9 per cent of total capital in September 2025, compared with 3.8 per cent in March 2025. Conversely, a fall in interest rates led to a sharper negative impact of 5.8 per cent in September 2025, up from 0.7 per cent in March.
Insurers cut sovereign bond share to 59.7%, raise equity exposure to Rs 16.6 lakh crore
Within insurers’ portfolios, the share of G-Secs declined marginally to 39.5 percent from 40.3 percent, while SGS fell to 20.2 percent from 21.4 percent
Indian equities lag EM peers in 2025 after five-year outperformance; DIIs cushion market volatility, shows RBI FSR
The stability of Indian equity markets has been underpinned by strong and persistent demand from domestic institutional investors (DIIs). Their ownership of Indian equities has surpassed that of foreign investors and continues to rise, according to the RBI.
RBI flags risk as few AI-linked stocks drive bulk of Asian market gains
Data show that a very small number of stocks are contributing to 50 per cent of YTD index returns across key markets, reflecting a rising concentration risks. In the US, just seven stocks account for half of the S&P 500’s returns, while six stocks do so in Hong Kong. The concentration is even more pronounced in some Asian markets, with only two stocks driving half of the returns in South Korea, and a single stock accounting for 50 per cent of the gains in Taiwan.
External risks, global shocks pose near-term challenges to Indian economy, shows RBI FSR
A sudden and sharp correction in the US equity markets could spill over into Indian equities, hurting investor confidence and household wealth. This, in turn, could trigger foreign portfolio outflows and lead to tighter domestic financial conditions, report added.
Health insurance claims jump 11% YoY to Rs 94,248 crore in FY25, cashless settlements dominate
Cashless settlements accounted for 58 percent of claims by number and 66 percent by value, highlighting the growing preference for hassle-free claim processing
Year-ender | PSU banks stay ahead of private lenders on advances growth in 2025 as credit demand remains uneven
Credit growth has consistently remained above 10 percent in recent months, indicating stable demand conditions and continued flow of credit to productive sectors of the economy.
India’s reinsurance market grows 11% to Rs 1.12 lakh crore in FY25
During FY25, the gross reinsurance premium written by Indian reinsurers and FRBs stood at Rs 69,228.64 crore. Of this, domestic business continued to dominate, accounting for nearly 85 percent of the total, while foreign business contributed the remaining share
Health insurance drives non-life premium growth, contributes 41.4% of total premium in FY25
Among various segments under the non-life insurance business, health insurance remained the largest contributor with a share of 41.42% of the total premium in 2024-25, up from 40.29% in FY24
Life insurers’ commission payout rises 18% in FY25, outpaces premium growth
The total commission outgo rose 18 percent year-on-year in 2024–25, significantly outpacing the 6.73 percent growth recorded in total premiums during the same period
Only 17 of 25 life insurers complied with IRDAI expense norms in FY25
During FY25, the life insurance industry reported gross expenses of management of Rs 1.38 lakh crore, accounting for 15.60 percent of total gross premium
Life insurance penetration dips to 2.7% in FY25, overall penetration flat
Private sector life insurers outpaced the broader market, recording a 12.07 percent growth in premium income in 2025
Data Story | Big dreams, and bigger leverage fuel India’s small business loans
India’s small firms have greater access to formal credit but that should come with a warning against too much leverage.
RBI to purchase Rs 50,000 crore worth of G-sec via OMO Purchase auction on January 5
On December 29, the central bank injected Rs 50,000 crore through OMO purchase of Government of India securities, in to the banking system.
Banks raise record Rs 13.17 lakh crore via CDs in 2025 amid weak deposit growth
The surge in CD issuances comes at a time when banks are grappling with sustained pressure on low-cost deposits.
Year-ender | Rate cuts fail to cheer Indian corporates in 2025 as bond participation remained flat YoY
Public sector financial institutions continued to dominate the bond market in 2025. The top five issuers during the year were National Bank for Agriculture & Rural Development (NABARD) raising Rs 65,465 crore, Power Finance Corporation (PFC) raising Rs 49,101 crore, REC Ltd raising Rs 40,399.5 crore, Bajaj Finance Ltd raising Rs 31,207.9 crore, and Indian Railway Finance Corporation (IRFC) raising Rs 28,761.65 crore, data showed.
PD underwriting commission slumps 65% in FY25; strong G-sec demand keeps earnings under pressure
The underwriting commission (excluding GST) fell to Rs 14.5 crore in FY25 from Rs 43.1 crore in FY24, as the average commission rate dropped sharply to 0.1 paise per Rs 100, compared with 0.3 paise per Rs 100 a year ago.
RBI tightens grip on payment ecosystem as digital transactions near 98% of total payments
Paper-based instruments such as cheques now represent just 2.4 percent of transaction value.
NBFC credit growth led by services, retail; power sector share moderates in FY25
Total gross advances by NBFCs rose to Rs 48.39 lakh crore at end-March 2025 from Rs 40.53 lakh crore a year ago.
Banks report sharp improvement in asset quality in FY25; gross NPAs fall across segments: RBI report
During 2024-25, schedule commercial banks added Rs 2.26 lakh crore of fresh NPAs, but reductions exceeded additions, led by recoveries, upgradations and write-offs totalling Rs 2.75 lakh crore. Write-offs accounted for the largest portion of reductions at Rs 1.58 lakh crore, followed by recoveries of nearly Rs 67,693 crore.
Banks to face rising competition from non-bank lenders in commercial sector funding, says RBI report
The consolidated balance sheet of scheduled commercial banks (SCBs) (excluding RRBs) increased by 11.2 per cent during 2024-25 as compared with 15.5 per cent during 2023-24.
Foreign banks cut India footprint as global realignment continues, shows RBI report
As of end-March 2025, the number of foreign banks operating in India through branches or wholly-owned subsidiary mode declined to 44, following the exit of one bank during the year, the RBI report said.
