Q:
Which bank became the third bank by the Reserve Bank of India into Domestic Systemically Important Banks (D-SIBs) list?
Answer & Explanation
Answer: C) HDFC Bank
Explanation: The Reserve Bank of India (RBI) has added HDFC Bank, the second largest private sector lender of country in list of Domestic Systemically Important Banks (D-SIBs). HDFC Bank is third bank in country to be added in list of D-SIBs after State Bank of India (SBI) and ICICI Bank which were added in 2016 and continue to be in that category.
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