India to name 'systemically important' banks in 2

August 25, 2015 12:47 PM

45 0

MUMBAI Aug 25 The Reserve Bank of India will release the names of banks it deems "systemically important" within two-three days, Deputy Governor R. Gandhi said on Tuesday.

In July 2014 the RBI had said four to six domestic lenders would be labelled "systemically important", or the rough equivalent of too-big-to-fail in other countries.

Also read: House Passes ABA-Advocated SIFI Designation Bill

Read more

To category page

Loading...