Question

    Which of the following banks has been designated as a

    domestically systemically important bank?
    A RBL Bank Correct Answer Incorrect Answer
    B HDFC Bank Correct Answer Incorrect Answer
    C Canara bank Correct Answer Incorrect Answer
    D Punjab National Bank Correct Answer Incorrect Answer
    E Axis Bank Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) has retained State Bank of India, ICICI Bank, and HDFC Bank as Domestic Systemically Important Banks (D-SIBs) or banks that are considered as “too big to fail”.

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