Mumbai, May 30 (IANS). According to SBI’s report on Friday, Net Financial Saving of India’s domestic sector is estimated to reach Rs 22 lakh crore in FY 2025 based on existing trends and 6.5 percent of Gross National Dispressable Income (GNDI).
RBI’s latest annual report indicates that the domestic sector has shown strong financial stability. In FY 2024, net savings have increased by 5.1 percent of GNDI.
The SBI report stated that the increasing capital pool remains important to fund government and corporate deficit and support comprehensive economic stability.
In addition, the GNDI’s growth in domestic liabilities increased by 6.1 percent, the gross financial saving of families increased from 10.7 percent of the previous year to 11.2 percent of GNDI in 2023-24.
According to the central bank report, the RBI balance sheet increased by 8.19 percent in FY 2025, lower than 9.9 percent of Nominal GDP growth.
Despite contraction in traditional income, the flows such as domestic interest and LAF income, strategic management of foreign currency and efforts to reduce the instability of rupee physically increased the surplus production.
The provision of Rs 44,861.7 crore in the contingency fund kept the equity received at 7.5 per cent of the balance sheet, which made it possible to transfer a record of Rs 2.69 lakh crore to the government and increased the fiscal place.
In addition, the total gold holding was 879.58 MT, which reflects the growth of 57.48 MT during FY 2025.
Gold stake in NFA increased from 8.3 percent to 12.0 percent by the end of March 2025 due to increase in gold prices.
In the financial year 2025, the currency expanded continuously in the circulation, the value of bank notes increased by 6 percent and the quantity 5.6 percent.
500 rupee notes maintained their dominance in both value and quantity. The process of withdrawing 2,000 rupee notes was good, which returned 98.2 percent of the notes.
The release of 10 rupees sustainable coins along with a decrease in the price of 10 rupee notes indicates a cost-effective currency change.
Overall, the identity of fake notes declined by 2.4 percent to 2.17 lakhs, but the identity of 200 and 500 rupee notes increased.
In the digital domain, RBI’s retail digital currency pilot saw a great increase of 334 percent in the price of digital currency in the financial year 2025. It consisted of 17 banks and 60 million users.
-IANS
SKT/ABM
