02009cas a2200241 a 4500 AALejournalIMF018146 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484334164 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. India : Financial System Stability Assessment-Press Release and Statement by the Executive Director for India. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (94 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses the findings of the Financial System Stability Assessment for India. Since the 2011 Financial Sector Assessment Program, India has recorded strong growth in both economic activity and financial assets, supported by important structural reforms and terms of trade gains. Increased diversification, commercial orientation, and technology-driven inclusion have supported growth in the financial industry, backed by improved legal, regulatory, and supervisory frameworks. Yet, the financial sector is facing considerable challenges, and economic growth has recently slowed down. High nonperforming assets (NPAs) and slow deleveraging and repair of corporate balance sheets are testing the resilience of the banking system, and holding back investment and growth. The authorities have been pursuing policies to accelerate the process of NPA resolution. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/390 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/390/002.2017.issue-390-en.xml IMF e-Library