For the best experience use inshorts app on your smartphone
The Reserve Bank of India (RBI) on Tuesday said that SBI, ICICI Bank and HDFC Bank continue to be identified as 'Domestic Systemically Important Banks' (D-SIBs). According to the RBI, SIBs are banks that are 'too big to fail' and are, therefore, subjected to additional policy measures to deal with the systemic risks and moral hazard issues posed by them.
short by Hiral Goyal / 06:51 pm on 04 Jan
For the best experience use inshorts app on your smartphone