The report states that the growing capital pool is important to support the government and corporate deficit and macroeconomic stability. File | Photo Credit: Reuters
State Bank of India (SBI) said in its latest Economic Research Report that on the basis of current trends, pure financial savings of the domestic sector, 22 lakh crore or 6.5% gross National Disposable Income (GNDi) can touch the financial year 2024-25. During 2023-24, the net financial savings were 5.1% of the GNDi, growing by 4.9% in the previous financial year.
The report states that the growing capital pool is important to support the government and corporate deficit and macroeconomic stability.
Referring to the dynamics of the Reserve Bank of India (RBI) surplus, the report stated that the central bank had a major factor in determining its quantum in efforts to include the instability of the rupee. During the financial year 2024-25, the RBI’s balance sheet had an expansion of 8.19%, lower than a nominal GDP growth of 9.9%. The report said that the amount of surplus amount of RBI of 2.69 lakh crore has been transferred to the government, which will increase the fiscal place.
According to the report, there was a decline in the incidents of fraud cases, but the defense amount increased to ₹ 36,014 crore. On the other hand, the amount of card and internet fraud declined significantly from 29,802 in 2023-24 to 13,516 in 2024-25. “In summary, India’s financial system stands at an intersection, flexible and transformative,” the report said.
Published – May 30, 2025 03:31 PM IST
