Toxicity Index levels rising: RBI report

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The probability of a distressed bank causing distress to another bank in India's financial system has increased in recent months, the Reserve Bank of India's (RBI) Financial Stability Report, published on Tuesday, shows.

The RBI's Toxicity Index, which measures the distress dependency of its banks and the expected probability of it causing distress to another bank in the system, increased substantially during the crisis with the average probability of other banks being distressed increasing from

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