[ad_1]
Safest Banks in India: Recently the Silicon Valley Bank of America had sunk. Due to which the fear has also instilled in the minds of the people whether their money is safe in the banks or not.
In such a situation, today we are going to tell you about the list of safe banks given by RBI in this news… People deposit their hard earned money in the bank. They do this because this money will come in handy in dark times. But sometimes it happens that the bank itself collapses. Then nothing remains in the hands of the hoarder except to beat his head. So it is advisable to check whether the bank in front is safe before handing over your money to anyone.
The Reserve Bank had earlier this year released a list titled Domestic Systemically Important Banks (D-SIBs) 2022. In this, the names of the most secure banks of the country have been included.
Is the condition of Indian banks like Silicon Valley Bank?
The Reserve Bank of India released a list on January 2 this year. On that day RBI released a list and told in which bank your money is safe and in which bank your money is not safe. You know that if even a big bank of a country fails, then its loss falls on the entire Indian economy. The loss that customers have to bear is different.
Which banks are in this list?
The list of safest banks released by the Reserve Bank of India includes the names of one government and 2 private banks. In this the name of the government sector is State Bank of India. Apart from this, two private sector banks are included in this list. These include the names of HDFC Bank and ICICI Bank. Means if your account is not in SBI but in HDFC Bank or ICICI Bank then also you will not have any problem.
Which banks can come in this list?
This list covers only those banks which are required to maintain additional Common Equity Tier 1 (CET1) in addition to the normal capital conservation buffer. As per RBI, SBI will have to maintain an additional 0.6 per cent CET1 as a percentage of its risk weighted assets. Similarly ICICI Bank and HDFC Bank need to maintain an additional 0.2 per cent.
Reserve Bank’s close watch on these banks-
RBI keeps a close watch on the banks coming in this list of Reserve Bank. The Reserve Bank not only monitors the day-to-day functioning of these banks, but also keeps a close watch on any big loan or account. Not only this, if we talk about bank lending on a big project, then it is also evaluated. It remains to be seen whether this will have any negative impact on the overall business of the bank.
Since when is this list being released?
The Reserve Bank has been releasing the list of such banks since 2015. The Reserve Bank believes that such banks are necessary for the country’s economy. These banks are also given ratings by RBI. Only after this rating the list of these important banks is prepared. However, till now the names of only 3 banks have been included in this list.
[ad_2]
Source link
