MUMBAI, India, Dec. 2 -- Reserve Bank of India issued the following press release:
State Bank of India, HDFC Bank, and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) under the same bucketing structure as in the 2024 list of D-SIBs. The additional Common Equity Tier 1 (CET1) requirement for these D-SIBs will be in addition to the Capital Conservation Buffer.
The list of D-SIBs is as follows:
Bucket Bank(s) Additional CET1 requirement as a percentage of Risk Weighted Assets (RWAs) 5 - 1% 4 State Bank of India 0.80% 3 - 0.60% 2 HDFC Bank 0.40% 1 ICICI Bank 0.20% Background:
The Reserve Bank had issued the 'Framework for dealing with Domestic Systemically Important Banks (D-SIBs)' on July 22, 2014, wh...