Domestic Systemically Important Banks
On 5th January, 2022, the Reserve Bank of India (RBI) announced that the State Bank of India (SBI), ICICI Bank and HDFC Bank will continue to be identified as Domestic Systemically Important Banks (D-SIBs).
About Domestic Systemically Important Banks
- The system of D-SIBs was adopted in the aftermath of the 2008 financial crisis where the collapse of many systematically important banks across various regions further fueled the financial downturn.
- D-SIBs are financial institutions that are large enough where they cannot be allowed to fall.
- RBI places D-SIBs in appropriate buckets depending upon their Systemic Importance Scores (SISs).
- A failure of any of ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Centre Launches White Revolution 2.0
- 2 Centenary Celebration of ICAR- NISA
- 3 Review of the NBFC Sector
- 4 Vertical Fiscal Imbalance
- 5 Finance Minister Reviews Performance of RRBs of NE Region
- 6 PM E-DRIVE Scheme: Accelerating India's Shift to Electric Mobility
- 7 Differential Benefits of Electricity in Rural Areas
- 8 Centre Notifies Galathea Bay as a Major Port
- 9 10 Years of Make in India
- 10 Spices Board Unveils SPICED Scheme