SBI, HDFC Bank, ICICI Bank: RBI’s 2024 List of Domestic Systemically Important Banks (D-SIBs)

Recently, the Reserve Bank of India (RBI) has reaffirmed the status of State Bank of India (SBI), HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs). This classification remains unchanged from the previous year. The RBI continues to ..

Month: Current Affairs - November, 2024

Category: Economy & Banking Current Affairs

Transforming Banking Services in India

Banking plays important role in economic development and financial inclusion. It provides essential services to individuals and businesses, facilitating growth and stability. Historical Context Pre-Independence Banking Landscape Before independence, banking services were limited. They primarily catered to the elite. The ..