drishti ias current affairs magazine pdf
drishti ias current affairs magazine pdf published this article page no 90 minimum paidup equity capital of the payments bank is inr 100 crores and it is required to maintain a minimum capital adequacy ratio of 15%.promoters of the payments bank should hold at least 40% of its paidup equity capital for the first 5 years. 3.8.3. irdai retains lic gic new india as domestic systemically important insurers (dsiis)life insurance corporation of india (lic) general insurance corporation of india (gic) and new india have been identified like in 202021 as dsiis for 202122. o dsiis are identified on an annual basis by insurance regulatory and development authority of india (irdai).dsiis refer to insurers of such size market importance and domestic and global inter connectedness whose distress or failure would cause a significant dislocation in the domestic financial system. o their continued functioning is thus critical for the uninterrupted availability of insurance services to the national economy. o they are perceived as insurers too big or too important to fail.parameters for identification of dsiis o size of operations in terms of total revenue including premium underwritten and value of assets under management. o global activities across more than one jurisdiction. due to their importance dsiis are subjected to additional regulatory measures to deal with the systemic risks and moral hazard issues.similarly rbi identifies domestic systemically important banks (dsibs) or banks that are considered as too big to fail. o sbi icici bank and hdfc bank are identified as dsibs for 202021. 3.8.4. sebi seeking to regulate algo tradingalgorithmic trading or algo trading is a computer assisted buying and selling of stocks. o under it preprogrammed computer strategies execute buy and sell trades depending on set parameters instructions or market pattern and conditions. o around 50 per cent of the daily trading volume in indian stock markets is through an advanced form of algo trading.benefits of algotrading it can place highvolume orders at high speed reduction of transaction costs can identify differently priced stocks avoid significant price changes highly accurate without any human errors drishti ias current affairs magazine pdf buy.
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