RBI FLA Survey 2024-25: Mutual Funds and AMCs
Why in the news
RBI started its yearly FLA survey, this time covering mutual funds and AMCs, to gather figures on their overseas assets and liabilities.
Key facts
- Survey: Foreign Liabilities and Assets (FLA), 2024-25 round.
- Respondents: Mutual Funds (MFs) and Asset Management Companies (AMCs).
- Reference date: end-March 2025.
- Goal: stronger external sector statistics and a view of financial stability and foreign exposure of fund managers.
Why the survey matters
- Lets RBI track foreign liabilities and assets of MFs and AMCs.
- Input for Balance of Payments (BoP) and International Investment Position (IIP) compilation.
- Backs policy design and risk assessment in the financial sector.
Related development
- In May 2025 RBI was reported to be seeking Union Government approval so that domestic banks and their overseas branches could lend in rupees to foreign borrowers.
- This was described as a first-of-its-kind step to internationalise the rupee.
Exam angle
- Survey conducted by: RBI; reference date March 2025.
- Statistics compiled using it: BoP and IIP.
- Related theme: rupee internationalisation.