Monthly Bulletin for May 2020 - ആർബിഐ - Reserve Bank of India
Monthly Bulletin for May 2020
The Reserve Bank of India today released the May 2020 issue of its monthly Bulletin. The Bulletin includes RBI Governor’s interview, two Articles and Current Statistics. The two articles are: I. Inflation Decoded Through Power of Words; II. Determinants of Loan Loss Provisions: The Case of Indian Banks I. Inflation Decoded Through Power of Words Media, as an important channel for dissemination of information, has the potential to influence public sentiment and expectations. The article explores constructing alternative indicators that could be useful to assess the state of the economy. Using high frequency unstructured information sourced from media reports and applying Big Data techniques, the article constructs a sentiment index in the context of retail inflation in India, and empirically examines their inter-linkages. Highlights:
II. Determinants of Loan Loss Provisions: The Case of Indian Banks The global financial crisis (GFC) has drawn attention to the pro-cyclicality in banks’ operations. In the aftermath of the GFC, there has been a renewed interest in the accounting practices followed by banks. One such area is the loan loss provisions, the amount which banks set aside to offset future loan losses. Highlights:
Ajit Prasad Press Release: 2019-2020/2359 |