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SBI, HDFC Bank in RBI's 2021 list of 'Domestic Systemically Important Banks'
short by Hiral Goyal / on Tuesday, 4 January, 2022
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.
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