Systemic risk refers to the risk of a breakdown of an entire system rather than simply the failure of individual parts . In a financial context, it denotes the risk of a cascading failure in the financial sector, caused by linkages within the financial system, resulting in a severe economic downturn. As such, systemic risk can arise due to contagion effect i.e. the risk that financial difficulties at one or more bank(s) spill over to a large number of other banks or the financial system as a whole .
Who has recently unveiled its ambitious plan to build the first lunar railway system?
Who has recently released a report titled 'Profit and Poverty: Economics of Forced Labour'?
On the occasion of New Year 2024, CMD IREDA Shri Pradip Kumar Das announced that the year 2024 will be named as:
Recently Sirbaz Khan climbed Mount Everest without supplemental oxygen. Which country is he from?
Which bank has collaborated with Reliance Industries Limited (RIL) to develop a financing program specifically tailored to meet the requirements of RIL'...
What is the percentage increase in overall power generation in India from April to November of 2023 compared to the same period in the previous year?
ADB has provided how much loan to the government of India for financing the construction of the 82-kilometer Delhi-Meerut Regional Rapid Transit System ...
Identify the bank that collaborated with DMI Finance to introduce a co-branded credit card.
Who won the Nobel Peace Prize in 2023?
Which organization has launched the Talent Connect portal to bridge the gap between recruiters and digitally skilled and certified candidates & to con...
