It is interesting to note in this context that in the USA, for instance, for lesser regulatory violations, the banks are subjected to "cease and desist" order from the regulator, severely restricting their activities during the currency of the order. (d)  Merger between a private sector bank and an NBFC  16.
Ladies and gentlemen, at this point, I’m going to have to disappoint one or two of you: I do not think it is a good idea to leave the “less significant” banks to regulate themselves or to encourage a form of supervision that is more akin to gravedigging than supervising, focusing solely on resolvability.