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.
Ola is raising $100 million from _____________ to partly finance the first phase of construction of India’s largest ride-hailing platform ‘O...
National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments in India & was set up with the guidance and support ...
Which country has registered the highest number of real-time transactions in the world last year?
What is the significance of India's “Fauna of India Checklist Portal”?
_____________ has tied up with Paytm for card tokenisation to protect data of the cardholders.
What is the expected impact of the MoU between the Department of Social Justice & Empowerment and the All World Gayatri Pariwar on the Nasha Mukt Bharat...
Who won the Austrian Grand Prix Formula One Championship title 2023?
What was the growth rate of the Index of Eight Core Industries (ICI) in June 2024 compared to June 2023?
To open Transitions tab in powerpoint which key shortcut is used?
Which of the following global company targets 2024 launch of its first Kuiper internet satellites?