Critical Analysis of RBI’s Financial Stability Report 2025
- ABC Research
- July 2, 2025

The Reserve Bank of India, in consultation with the Government of India, has fixed the Ways and Means Advances (WMA) limit at ?50,000 crore for October 2025–March 2026. This decision highlights India’s push for fiscal discipline, bond market stability, and stronger monetary–fiscal coordination amid global financial uncertainty.
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The RBI’s Supervisory Data Quality Index (sDQI) for June 2025 shows banks improving discipline in accuracy, timeliness, completeness, and consistency. With Small Finance Banks leading and PSBs lagging, this index is vital for India’s financial stability, policy credibility, and global investor confidence.
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The Reserve Bank of India’s Payment Aggregator Rules 2025 reset the compliance architecture of digital payments. This ABC Live explainer unpacks the new escrow safeguards, merchant due diligence, cross-border provisions, and compares India’s model with EU, UK, Singapore, UAE, and US frameworks.
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As RBI confirms that only ?5,956 crore of ?2000 notes remain, ABC Live traces the RBI ?2000 Note Withdrawal from 2016 to 2025, explaining costs, data, and policy lessons.
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