Question

Which of the following banks is NOT one of the top three lenders in India named as Domestic Systemically Important Banks (D-SIBs)? 

A ICICI Bank Correct Answer Incorrect Answer
B HDFC Bank Correct Answer Incorrect Answer
C Punjab National Bank Correct Answer Incorrect Answer
D State Bank of India Correct Answer Incorrect Answer
E Both b & c Correct Answer Incorrect Answer

Solution

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.

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