13-May-2025
Banking
 
How RBI’s watchful eye saved Indian banks from Credit Suisse fallout, global banking contagion
22-Mar-2023

India’s banks are likely to remain unaffected by the fallout of the Credit Suisse crisis, which resulted in a fire sale of the Swiss banking giant to rival UBS. While it might be thought that this is due to Credit Suisse’s meager presence in the country, experts suggested that the domestic banking system remains insulated due to its inherent strength and tight regulation from the Reserve Bank of India.

News Source:- https://www.financialexpress.com/industry/banking-finance/how-rbis-watchful-eye-saved-indian-banks-from-credit-suisse-fallout-global-banking-contagion/3016279/
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org