UPSC Prelims 2025 Special: Revision Checklist for important Economy topics — tick off in your current affairs notes (Part 2)
Systemically Important Banks (SIBs) are perceived as banks that are ‘Too Big To Fail (TBTF)’ and their continued functioning is crucial for the uninterrupted availability of essential banking services to the real economy. — Banks are classified into distinct categories based on their systemic importance score. The RBI has classified SBI into bucket 4, HDFC Bank in … Read more