RBI releases ‘Quarterly Statistics on Deposits and Credit of SCBs: December 2022’

The quaterly statistics, inter alia, observe that the bank credit growth was 16.8 per cent in December 2022 as compared with 17.2 per cent a quarter ago and 8.4 per cent a year ago. Growth in credit was led by bank branches in metropolitan centres, accounting for nearly 60 per cent of the total credit by SCBs. There was 17.2 per cent rise in lending; urban, semi-urban and rural centres also recorded double digit credit growth.

Draft Guidelines on Minimum Capital Requirements for Market Risk

The new norms clearly draw a boundary between the banking book and the trading book and list out the instruments that can be included in the trading book, which are subject to market risk capital requirements; and those to be included in the banking book which is subject to credit risk capital requirements.