In the post, I wrote that most Indian banks are safe most of the time as RBI does its job fairly well and hence, problems if any are more or less very rare. But that doesn’t mean that you can put all banks in the same risk bucket. The Reserve Bank of India (RBI), India's central bank, has revealed which banks in the country are the safest and most dependable. The client and the Indian economy rely so heavily on... The Reserve Bank of India (RBI) said State Bank of India, ICICI Bank and HDFC Bank continue to remain Domestic Systemically Important Banks (D-SIBs). D-SIBs are perceived as ones that are ‘Too Big To Fail’ and their continued functioning is critical for the uninterrupted availability of essential banking services to the real economy. The Reserve Bank of India (RBI) has identified State Bank of India (SBI), HDFC Bank, and ICICI Bank as the country’s most systemically important financial institutions, designating them as Domestic Systemically Important Banks (D-SIBs).
