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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