The D-SIBs banks are classified into 5 buckets. Bucket 1, Bucket 2, Bucket 3, Bucket 4 and Bucket 5. With Bucket 5 being the most important followed by rest in decreasing order.
As per the weekly Reserve Bank of India (RBI) data, the foreign exchange reserves of India declined by $878 million to USD 632.736 billion in the week ended January 7, 2022.
IndusInd Bank has announced the launch of 'green fixed deposits', whereby the deposit proceeds will be used to finance projects and firms supporting the UN's Sustainable Development Goals (SDGs).
Jahnavi Dangeti, a young girl from Andhra Pradesh, has just completed NASA's International Air and Space Program at the Kennedy Space Centre in Alabama, US, making her the first Indian to accomplish this feat.
Indian Forest Service officer, Chandra Prakash Goyal has been appointed as Director-General of Forests and Special Secretary, Ministry of Environment, Forest and Climate Change.
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