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SBI, ICICI Bank remain Domestic Systemically Important Banks: RBI
short by Srishty Choudhury / on Monday, 2 January, 2023
The Reserve Bank of India (RBI) on Monday said the State Bank of India, ICICI Bank and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs). D-SIBs are those interconnected entities whose failure can impact the whole of the financial system and create instability. Moreover, these banks attract closer supervision and regulation from the central bank.
read more at Moneycontrol