Facts for Prelims (FFP) Source: Economic Times Context: The Reserve Bank of India (RBI) has released its list of domestic systemically important banks (D-SIBs) for 2023, including the State Bank of India (SBI), HDFC Bank, and ICICI Bank. While ICICI Bank maintains its previous categorization, SBI and HDFC Bank have moved to higher …
GS Paper 3 Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development Source: IE Context: Recent banking crisis in the US has raised the question of how secure Indian banks are in the age of start-ups and digitisation. Background: Despite the recent bank failures in the US (SVB), which …
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