#GS_3
#Banking #D_SIB
Read what is D-SIBs and how their stability is important for economic stability of nation.
✅ What is a D-SIB
D-SIB means that the bank is too big to fail. According to the RBI, some banks become systemically important due to their size, cross-jurisdictional activities, complexity and lack of substitute and interconnection. Banks whose assets exceed 2% of GDP are considered part of this group.
@prep4upsc
#Banking #D_SIB
Read what is D-SIBs and how their stability is important for economic stability of nation.
✅ What is a D-SIB
D-SIB means that the bank is too big to fail. According to the RBI, some banks become systemically important due to their size, cross-jurisdictional activities, complexity and lack of substitute and interconnection. Banks whose assets exceed 2% of GDP are considered part of this group.
@prep4upsc