India undertook significant bank consolidation in 2019: Dena and Vijaya banks merged into BoB; PNB merged with OBC and UBI.

The Integrated Ombudsman Scheme 2021 provides a mechanism for customers to file complaints and seek redressal against banking services.

Basel III framework mandates minimum Tier 1 capital ratio of 8.5% for banks' regulatory compliance.

ISIN (International Securities Identification Number) uniquely identifies individual securities across global markets.

RBI's e-Rupee (Digital Rupee) project explores Central Bank Digital Currency (CBDC) for domestic and cross-border transactions.

The reverse repo rate is the interest rate at which RBI borrows from banks to absorb excess liquidity from the financial system.

The Reserve Bank of India (RBI) is responsible for regulating and supervising NBFCs. SEBI oversees capital markets, IRDA handles insurance, and PFRDA manages pension funds.

Basel III is an international regulatory framework that aims to strengthen bank capital adequacy, stress testing, and market liquidity risk. It was developed post-2008 financial crisis to prevent systemic risks.

As per RBI guidelines (2024-2025), the statutory minimum SLR is 18% of net demand and time liabilities. This ensures banks maintain sufficient liquid assets.

A repo (repurchase agreement) is a short-term borrowing instrument where a seller sells securities with an agreement to repurchase them at a higher price. It's a key liquidity management tool for banks.