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.
Organization of the Petroleum Exporting Countries (OPEC) has appointed Kuwaiti oil executive Haitham Al Ghais as its new secretary-general, as oil demand continues to improve amid a mild recovery from the coronavirus pandemic.
India has lifted the under-19 Asia cricket Cup by defeating Sri Lanka by nine wickets in a rain-interrupted One-Day International final in Dubai through the Duckworth-Lewis-Stern method.
An amount of Rs 12 crore was transferred from funds of Andhra Pradesh Mahesh Co-op Urban Bank by hackers to various other bank accounts by hacking the server of the AP Mahesh Co-op Urban Bank.