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 …
Mumbai: State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks by the Reserve Bank of India. 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. “Hence, up to March 31, 2025, the …
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 …