wat does "asset size of banks" mean?? plz its urgent....?

Answer 1

It just means the total assets that the bank has. In the US, banks with asset size up to $250 million used to have to submit to a govt on-site examination every 12 months. That has been increased to $500m. So if a bank has asset size less than $500m, it will only be examined every 18 mths instead. Those with asset size over $500m will continue to be examined every 12 mths.