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Domestic Systemically Important Banks
January 7 , 2022
912 days
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- Reserve Bank of India has retained State Bank of India, ICICI Bank, and HDFC Bank as Domestic Systemically Important Banks (D-SIBs).
- These three banks have continued to be on the D-SIBs list published by RBI, since Sep 04, 2017.
- Domestic Systemically Important Banks are those banks which if fail would have a significant impact on the economy.
- The D-SIBs banks are classified into 5 buckets.
- They are Bucket 1, Bucket 2, Bucket 3, Bucket 4, and Bucket 5.
- With Bucket 5 is being the most important followed by rest in decreasing order.
- State Bank of India is in Bucket 3.
- ICICI Bank and HDFC Bank are in Bucket 1.
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