ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Systemically Incorporated financial institution
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Sanfrancisco International Financial Institution
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Systematically Important Financial Investment
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Systematically Important Financial Institution
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Detailed explanation-1: -A systemically important financial institution (SIFI) is a bank, insurance, or other financial institution (FI) that U.S. federal regulators determine would pose a serious risk to the economy if it were to collapse.
Detailed explanation-2: -On Monday, the Reserve Bank of India (RBI) issued its list of Domestic Systemically Important Banks (D-SIBs) for 2021. In line with the 2020 list of D-SIBs, SBI, ICICI Bank, and HDFC Bank are still categorized as Domestic Systemically Important Banks (D-SIBs), according to the central bank.
Detailed explanation-3: -asset size. interconnectedness. the availability of substitutes for the services they provide. their global (cross-jurisdictional) activity. complexity. 10-Nov-2015