Banking sector has remained the backbone of Indian economy since independence. One essential lesson from the disaster was that few nations had an sufficient framework for resolving the failure of a systemically necessary bank or monetary establishment in an orderly style. Moreover, the present resolution tools didn’t handle the cross-border issues that occur with globally lively banks. Enhancing the resolution framework is a crucial element of efforts to address the systemic dangers posed by the biggest and most interconnected of the international banks. Opportunities do not knock in your door everyday! Sensible folks won’t commit the mistake of missing out on alternatives, for you never know which one adjustments your…