Resolution is for institutions that have reached the point of non-viability and includes the sale or merger of the institution or the creation of a bad  13  Demirguc-Kunt, A. and H. Huizinga (2012): “Do we need big banks? Evidence from performance, strategy and market discipline”, mimeo.
Apart from remittances and deposit & investment related transactions originating from the growing Indian diaspora, India has been witnessing a significant increase in trade finance and outward direct investments. In other words, banks will need to gear up to reap the benefits of increasing business arising out of globalization of India and resident and non-resident Indians;  xiv.