Firstpost |
HDFC Bank is ‘too big to fail’: Weak regulatory mechanisms mean this RBI certificate is no insurance against failure
Firstpost On Monday the Reserve Bank of India (RBI) classified HDFC Bank as a “too big to fail” lender or what in banking jargon is referred to as domestic systemically important bank (D-SIB). That’s quite an achievement for HDFC Bank which joins State Bank of … |