UPSC CURRENT AFFAIRS – 14 November 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. …
Source: IE Context: The Reserve Bank of India (RBI) on Wednesday retained the State Bank of India, HDFC Bank and ICICI Bank as Domestic Systemically Important Banks (D-SIBs). About Domestic Systemically Important Banks (D-SIBs): The RBI had first announced the framework dealing with D-SIBs in 2014. What is D-SIBs? Banks classified as “Too Big To …
Facts for Prelims (FFP) Source: Economic Times Context: The Reserve Bank of India (RBI) has released its list of domestic systemically important banks (D-SIBs) for 2023, including the State Bank of India (SBI), HDFC Bank, and ICICI Bank. While ICICI Bank maintains its previous categorization, SBI and HDFC Bank have moved to higher …
GS Paper 3 Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development Source: IE Context: Recent banking crisis in the US has raised the question of how secure Indian banks are in the age of start-ups and digitisation. Background: Despite the recent bank failures in the US (SVB), which …
Continue reading “What are ‘Too-Big-To-Fail’ banks, and what makes Indian banks safe?”
