RBI ANNUAL REPORT 2019-2020
                     RBI ANNUAL REPORT 2019-2020
INTRODUCTION
• On August 25, 2020, Reserve Bank of India 
(RBI) released its Annual Report for 2019-20.
• It is Report of the Central Board of Directors on 
the working of the Reserve Bank of India (RBI) 
for the year ended June 30, 2020.
Source: BankExams
GROWTH
• RBI projected that India’s growth at minus 4.5% 
for 2020-21. 
• It will be (-) 3.7% in the single hit scenario and 
(-) 7.3% in the double hit scenario in FY2020-
21.
• On the global front, the growth is projected at 
(-) 6.0% in the single hit scenario and (-) 7.6% 
in the double hit scenario in FY20-21.
Source: Business Today
GLOBAL SCENARIO
• On the global front, the growth is projected at 
(-) 6.0% in the single hit scenario and (-) 7.6% 
in the double hit scenario in FY20-21.
Source: The Economic Times
BALANCE SHEET OF RBI
• The RBI’s balance sheet increased by 30%, or 
Rs 12,31,888 crore, from Rs 41,02,905 crore to 
Rs 53,34,793 crore. 
• The gross total income for the year 2019-20 
declined by 29% to Rs 149,672 crore as 
compared to Rs 193,036 crore in 2018-19.
Source: Visionias.net
EXPENDITURE
• The expenditure for the year 2019-20 is Rs 
92,540 crore compared to an expenditure of Rs 
17,045 crore in 2018-19. 
• The year ended with an overall surplus of Rs 
57,128 billion which was transferred to the 
government.
Source: DailyNews
DOMESTIC ASSETS
• Domestic assets constituted 28.75% while 
foreign currency assets and gold constituted 
71.25% of total assets as of June 2020 as 
against 28.03% and 71.97% respectively, as of 
June 2019.
Source: steelguru
BANK FRAUDS 
• Bank frauds of Rs100,000 and above have 
more than doubled in value to Rs 1.85 trillion 
in FY20.
– The top 50 credit-related frauds 
constituted 76% of the total amount 
reported as frauds.
– Frauds in loans constituted 98% of the 
total frauds or at Rs 1.82 trillion.
Source: The Economic Times
SETTING UP GST
• The Reserve Bank suggested setting up GST 
Council type apex authorities for land, labour 
and power to drive structural reforms and 
expedite implementation of national 
infrastructure pipeline.
Source: Deccan Chronicle
RBI TO DISSOLVE BANKING CODES
• BCSBI, in collaboration with the Indian Banks’ 
Association (IBA), has evolved two codes 
– Code of Bank’s Commitment to Customers
– Code of Bank’s Commitment to Micro and 
Small Enterprises
Source: News18.com
INTEGRATION OF THREE EXISTING OMBUDSMAN 
SCHEMES INTO ONE
• RBI will be implementing the 
recommendations of an in-house committee 
for integrating three existing Ombudsman 
schemes into one scheme:
– Banking Ombudsman Scheme, 2006
– Ombudsman Scheme for NBFCs, 2018
– Ombudsman Scheme for Digital 
Transactions
Source: Business Line