RBI retains SBI, HDFC & ICICI as systemically important banks
SBI, HDFC Bank and ICICI Bank remained as domestic systemically important banks (D-SIBs), announced RBI. These banks are required to hold higher capital buffers due to their scale, interconnectedness and role in the financial system. The additional Common Equity Tier-1 capital requirement stands at 0.10% of risk-weighted assets for ICICI Bank, 0.40% for HDFC Bank and 0.80% for SBI.