News: India has recorded a trade deficit, the difference between imports and exports, with nine of its top 10 trading partners, including China, Russia, Singapore, and Korea, in 2023-24. The data also showed that the deficit with China, Russia, Korea, …
About The Basel Committee on Banking Supervision, a group of bank supervisors from 28 jurisdictions, created a set of 12 financial indicators (such as size, interconnectedness, complexity, etc.) in 2011 to identify global systemically important banks (G-SIBs). A G-SIB is …
What’s in the news? The UK slipped into a technical recession in the second half of 2023. Gross domestic product fell 0.3% in the fourth quarter. It followed an unrevised 0.1% decline in the previous three months. To better understand …
About Priority Sector means those sectors which the Government of India and Reserve Bank of India consider as important for the development of the basic needs of the country and are to be given priority over other sectors. The banks …