Description
This is a presentation explaining about Importance of Banking; Indian Banking Today; India’s Forex Reserves; Review of Monetary Policy
REVIEW OF RBI’S MONETARY/CREDIT POLICY 2009-10 FROM A BANKER’S PERSPECTIVE
IMPORTANCE OF BANKING
“Our textbooks on economics have divided the entire spectrum of economic activity into the real and monetary sectors. The monetary sector supports the real sector and in a way is a means to the end. The financial system is critical to the working of the rest of the economy….. A fragile financial sector can wreak havoc on the rest of the economy. Therefore, the Banking Sector is crucial” Sri. P. Chidambaram, Hon’ble Home Minister, Govt. of India
INDIAN BANKING TODAY
Business of All Scheduled Commercial Banks as on 22/5/2009 : Aggregate Deposit : Rs. 3967995 Crores Bank Credit : Rs. 2735750 Crores Investment : Rs.1258305 Crores (As compared to value of GDP of the country for 2007-08 = Rs. 4713148
?
INDIA’S FOREX RESERVES TODAY
?
As on 27/05/2009 : (including Gold and SDR) In terms of INR Value = Rs. 1240441 Crores In terms of USD Value = $ 262.306 bn (Source : IBA Bulletin July 2009)
KEY RATE INDICATORS
C R R 5% ? S L R 24% ? Repo 4.75% ? Reverse Repo 3.25% ? Cash Deposit Ratio : 6.06% ? Credit Deposit Ratio : 68.95% ? Bank Rate : 6 %
?
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Global Economy Macroeconomic and Monetary Developments ? Growth Outlook : Global
?
Country/Region
US UK Euro Area Japan China India World
2009
(-) 2.6 (-) 4.2 (-) 4.8
2010
0.8 0.2 (-) 0.3 1.7 8.5 6.5 2.5
(-) 6.0 7.5
5.4
GLOBAL GDP GROWTH
(-) 1.4
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Domestic Outlook : Agriculture, Industry, Services, Corporate Performance,
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Business Confidence, ? Inflation ? Fiscal Scenario, ? Monetary conditions ? Credit conditions ? The Crisis and India
?
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Monetary Policy Action ? R B I’s Policy Thrust ? Interest Rate Response from Banks ? Government Borrowing ? Inflation outlook ? Risks to Growth and Inflation Outlook ? Money supply
?
INDIA’S BROAD MONEY TODAY
?
Money Supply as on 22/05/2009 :
a) Currency with public : Rs. 694940 Crores b) Demand Deposits with Banks : Rs. 563107 Crores c) Time Deposits with Banks : Rs. 3668459 Crores d) Other Deposits with
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Monetary Policy Stance ? Liquidity Impact ? Growth Projection ? Inflation projection ? Monetary projection ? Overall assessment ? Future Challenges
doc_439557445.ppt
This is a presentation explaining about Importance of Banking; Indian Banking Today; India’s Forex Reserves; Review of Monetary Policy
REVIEW OF RBI’S MONETARY/CREDIT POLICY 2009-10 FROM A BANKER’S PERSPECTIVE
IMPORTANCE OF BANKING
“Our textbooks on economics have divided the entire spectrum of economic activity into the real and monetary sectors. The monetary sector supports the real sector and in a way is a means to the end. The financial system is critical to the working of the rest of the economy….. A fragile financial sector can wreak havoc on the rest of the economy. Therefore, the Banking Sector is crucial” Sri. P. Chidambaram, Hon’ble Home Minister, Govt. of India
INDIAN BANKING TODAY
Business of All Scheduled Commercial Banks as on 22/5/2009 : Aggregate Deposit : Rs. 3967995 Crores Bank Credit : Rs. 2735750 Crores Investment : Rs.1258305 Crores (As compared to value of GDP of the country for 2007-08 = Rs. 4713148
?
INDIA’S FOREX RESERVES TODAY
?
As on 27/05/2009 : (including Gold and SDR) In terms of INR Value = Rs. 1240441 Crores In terms of USD Value = $ 262.306 bn (Source : IBA Bulletin July 2009)
KEY RATE INDICATORS
C R R 5% ? S L R 24% ? Repo 4.75% ? Reverse Repo 3.25% ? Cash Deposit Ratio : 6.06% ? Credit Deposit Ratio : 68.95% ? Bank Rate : 6 %
?
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Global Economy Macroeconomic and Monetary Developments ? Growth Outlook : Global
?
Country/Region
US UK Euro Area Japan China India World
2009
(-) 2.6 (-) 4.2 (-) 4.8
2010
0.8 0.2 (-) 0.3 1.7 8.5 6.5 2.5
(-) 6.0 7.5
5.4
GLOBAL GDP GROWTH
(-) 1.4
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Domestic Outlook : Agriculture, Industry, Services, Corporate Performance,
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Business Confidence, ? Inflation ? Fiscal Scenario, ? Monetary conditions ? Credit conditions ? The Crisis and India
?
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Monetary Policy Action ? R B I’s Policy Thrust ? Interest Rate Response from Banks ? Government Borrowing ? Inflation outlook ? Risks to Growth and Inflation Outlook ? Money supply
?
INDIA’S BROAD MONEY TODAY
?
Money Supply as on 22/05/2009 :
a) Currency with public : Rs. 694940 Crores b) Demand Deposits with Banks : Rs. 563107 Crores c) Time Deposits with Banks : Rs. 3668459 Crores d) Other Deposits with
FIRST QUARTER REVIEW OF MONETARY POLICY 2009 -10
Monetary Policy Stance ? Liquidity Impact ? Growth Projection ? Inflation projection ? Monetary projection ? Overall assessment ? Future Challenges
doc_439557445.ppt