The Reserve Bank of India has named State Bank of India, the country’s
biggest public-sector bank and ICICI, the largest private sector bank as
Systemically Important Banks (SIB) in India. The designation implies
that SBI and ICICI are Too Big To Fail (TBTF). This means the survival
of both banks is critical for the stability of the financial system and
the economy as a whole.
https://in.finance.yahoo.com/news/why-banks-more-important-others-051018955.html
https://in.finance.yahoo.com/news/why-banks-more-important-others-051018955.html
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