The Basel III norms have prescribed a Leverage ratio of a) ___% while the Reserve Bank of India has prescribed a leverage ratio of b)___% for D-SIBs and c)___% for other banks.
Some banks, due to their size, cross-jurisdictional activities, complexity, lack of substitutability and interconnectedness, become systemically important. The disorderly failure of these banks has the potential to cause significant disruption to the essential services they provide to the banking system, and in turn, to the overall economic activity. Therefore, the continued functioning of Systemically Important Banks (SIBs) is critical for the uninterrupted availability of essential banking services to the real economy. The D-SIB framework focuses on the impact that the distress or failure of banks will have on the domestic economy. As opposed to G-SIB framework, D-SIB framework is based on the assessment conducted by the national authorities, who are best placed to evaluate the impact of failure on the local financial system and the local economy. The additional Common Equity Tier 1 (CET1) requirement for D-SIBs was phased-in from April 1, 2016 and became fully effective from April 1, 2019. The additional CET1 requirement will be in addition to the capital conservation buffer. Based on data collected from banks as on March 31, 2017, HDFC Bank was also classified as a D-SIB, along with SBI and ICICI Bank.
India is offering a one year training programme to 80 cadets from which nation?
Consider the following Statements:
1. USA drug regulator recently approved the world's first gene therapy treatment for sickle cell disease and...
What was the increase in new subscribers to the National Pension System (NPS) in 2023-24?
Which ministry hosted the 'Run for Sun' Marathon in New Delhi to celebrate International Sun Day?
Which of the following statements about MTEX-24 and its inauguration by Defence Minister Rajnath Singh is/are correct?
1. MTEX-24 is a three-day ...
Which of the following banks are controlling the pilot project to launch eRupee Retail?
With reference to the Index of Industrial Production (IIP), consider the following statements:
I. This index...
The first state of India, which separated on Linguistic basis?
What is the main objective of the Memorandum of Understanding (MoU) signed between RBI and Bank Indonesia regarding local currencies?
In September 2023, PepsiCo India announced to set up a new manufacturing plant in which state with an investment of Rs 778 crore?