RBI Lists SBI, HDFC Bank, ICICI Bank As D-SIBs

Mumbai: State Bank of India (SBI), HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India (RBI). The Reserve Bank on Wednesday came out with the list of D-SIBs. Inclusion in the list requires the lenders to maintain higher Common Equity Tier-1 (CET1) in addition to the capital conservation buffer as per the bucket under which it has been classified. The SBI continues to be in bucket 4, which will require the country’s largest lender to keep an additional CET1 of 0.80 per cent, as per the list.