The Reserve Bank of India has designated State Bank of India, HDFC Bank and ICICI Bank as Domestic systemically important banks, PTI reported. HDFC Bank, the largest private sector lender, continues to be bracketed in bucket 2, under which it will have to maintain a higher CET1 by 0.40 per cent, the PTI report added. "Hence, up to March 31, …
The Reserve Bank of India has designated State Bank of India, HDFC Bank and ICICI Bank as Domestic systemically important banks, PTI reported. Photographer: Dhiraj Singh/Bloomberg {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The SBI continues to be remain in the top 4, which requires the country's largest lender to keep an additional CET1 of 0.80 per cent, as per the list.The Reserve …
