“…Recently, the researcher has also shown interest in empirically testing the association between regulation and other dimensions of the banking industry. For example, association between bank regulation and efficiency (Noor et al [24], Li, [25], Dudchenko et al [26], Chortareas et al [15], Djalilov and Piesse [3], Triki et al [16]), bank regulation and level of completion (Li,[25], Hakenes and Schnabel [27], Degryse and Ongena [28], Agoraki et al [29], Yin [30]), bank regulation and financial stability of banks (Anarfo et al [31], Schnabl and Sonnenberg [32], Fraccaroli et al [33]), and bank regulation and risk-taking behavior (Brandao-Marques et al [34], Bartholdy and Justesen [35] 2021, Louhichi et al [36], Hilscher et al [37]) were a few focus areas which are also being scrutinized in the bank regulation literature. Furthermore, Figure 1 represents the research trend in bank regulation and supervision literature (see Additional Points).…”