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More banks likely to join RBI's list of 'systemically important banks'

Move result of change in pecking order post-mergers

Topics
Reserve Bank of India | Indian Banks | PSU bank merger

Raghu Mohan  |  New Delhi 



Banks, banking
“The pecking order (of banks) by asset size has changed after the Centre went in for the merger of four sets of state-run banks. So, the D-SIBs list could be reworked,” said a source

The Reserve Bank of India’s (RBI’s) list of “systemically important banks” may widen, given the changes in the pecking order after the merger of state-run players. As on date, only State Bank of India (SBI), ICICI Bank, and HDFC Bank figure in the central bank’s classification of domestic systemically important (D-SIBs).

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First Published: Thu, March 18 2021. 06:10 IST

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