Other CL h. NWC d-h j. Rupees in Lacs Estimates at the end of current year Levels of Inventory, receivables and sundry creditors. Domestic b. Exports 2 Less : Excise duty 3 Net sales 4 Cost of goods sold a. Raw materials consumption b. Other spares c. Other manufacturing expenses including depreciation f. Profit before tax b. Depreciation c. Banking services The BIS offers a wide range of financial services to central banks and other official monetary authorities.
Read more about our banking services. Visit the media centre. In this section:. PDF full text 9,kb. Introduction: the unsustainable has run its course. After a number of years of strong global growth, low inflation and stable financial markets, the situation deteriorated rapidly in the period under review. Most notable was the onset of turmoil in the US market for subprime mortgages, which rapidly affected many other financial markets and eventually called into question the adequacy of capital at a number of large US and European banks.
At the same time, US growth slowed markedly, reflecting setbacks in the housing market, while global inflation rose significantly under the particular influence of higher commodity prices. The global economy.
The global economy has slowed since the second half of against the backdrop of the financial turmoil and a deepening US downturn. At the same time, global inflation has risen, led by rapid increases in prices of energy and key food items. The current consensus view is still that the global economy will slow only modestly further in Developments up to the first quarter have been broadly consistent with this view as growth in the euro area, Japan and major emerging market economies continued to be strong.
Emerging market economies. Growth in emerging market economies EMEs last year once again significantly exceeded that in the rest of the world. Foreign currency inflows were large, reflecting continued growth in current account surpluses and capital inflows in Nevertheless, the potential knock on effects of financial market turmoil in the major centres increased the risk of a slowdown in EMEs. At the same time, recent increases in headline inflation have caused inflation targets to be breached in many EMEs, reflecting the impact of steep increases in oil and food prices.
As in the advanced industrial economies, these conflicting forces have created a major dilemma for monetary policy. Efforts to resist currency appreciation have introduced additional complications, having been associated with a sharp increase in foreign reserves and in credit growth in a number of EMEs. Monetary policy in the advanced industrial economies.
Annual Report. Annual Report : Annual Report State Bank of India's Annual Report for the year '15 has been published below, you can click on the individual titles of the Annual Report listed below: Click here for Annual Report Annual Report State Bank of India's Annual Report for the year '14 has been published below, you can click on the individual titles of the Annual Report listed below: Click here for Annual Report Start From.
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