Financial stability
SBI, HDFC Bank, ICICI Bank: RBI’s 2024 List of Domestic Systemically Important Banks (D-SIBs)
Recently, the Reserve Bank of India (RBI) has reaffirmed the status of State Bank of India (SBI), HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs). This classification remains unchanged from the previous year. The RBI continues to ..
Month: Current Affairs - November, 2024
Category: Economy & Banking Current Affairs
RBI’s Systemic Risk Survey (SRS)
The Reserve Bank of India’s (RBI) latest Systemic Risk Survey (SRS) has shown that global spillovers, financial market and general risks have increased, while macroeconomic risks have moderated. The survey, which was conducted in November 2022 and solicited the perceptions ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs
Domestic Systemically Important Banks (D-SIBs) – Update (January, 2023)
The Reserve Bank of India (RBI) has named the top three lenders in India – State Bank of India (SBI), ICICI Bank, and HDFC Bank – as Domestic Systemically Important Banks (D-SIBs), or banks that are too big to fail. ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs
RBI Financial Stability Report
The Reserve Bank of India recently released to the financial stability report for December 2020. This is the 22nd issue of financial stability report of the apex bank. It is released twice a year. Key Findings of the Financial Stability ..
Month: Current Affairs - January, 2021
23rd Meeting of Financial Stability and Development Council
The Union Finance Minister Smt Nirmala Sitharaman recently chaired the 23rd meeting of the Financial Stability and Development Council. At the meet, the minister reviewed the financial stability issues, policy measures taken by the government of India. During the meet, ..
Month: Current Affairs - December, 2020
Finance Minister launches eBkray; an e-auction platform
On December 29, 2019, Finance Minister Nirmala Sitaraman launched “eBkray” to enable online auction of assets owned by banks. eBkray is an online portal that will act as a common platform to buy and sell assets through auction. Highlights The ..
RBI Financial Stability Report: NPAs will increase
On December 27, 2019, RBI released Financial Stability Report. The report is biennial and reflects the collective assessment of the Sub-committee of Financial Stability and Development Council. The report said that the non-performing asset ratio of banks is increasing. It ..
Month: Current Affairs - December, 2019
FSDC Reviews Macroeconomic Credentials
The Financial Stability and Development Council (FSDC) headed the Minister of Finance reviewed the current economic situation with all sectoral regulators and held discussions on the forthcoming budget. Financial Stability and Development Council Financial Stability and Development Council (FSDC) is ..