Current Affairs - Banking - Discussion

The Reserve Bank of India (RBI) has identified the State Bank of India, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) due to their significant size, complexity, and systemic importance to the Indian economy. Axis Bank, on the other hand, indicates it does not meet the RBI's criteria for systemic importance. D-SIBs are subject to stricter regulations and are considered "too big to fail," requiring government support during economic downturns to prevent systemic disruption.