The RBI on Tuesday said state-owned SBI, along with private-sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks or institutions that are 'too big to fail'. "SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks, under the same bucketing structure as in the 2018 list of D-SIBs," RBI said …
The Punjab National Bank 's 13% stake sale in PNB Housing Finance for ₹18.5 billion will strengthen the bank's capital, said Moody's on Monday. It added that coupled with the government capital infusion in February 2019 that increased the bank's pro forma CET1 ratio by around 150 basis points, the overall pro forma ratio is nearly 9%. "The bank's pro …