MUMBAI, Nov 13 (Reuters) - India's central bank on Wednesday said the State Bank of India (SBI.NS), opens new tab, HDFC Bank (HDBK.NS), opens new tab and ICICI Bank (ICBK.NS), opens new tab remain the three domestic systemically important banks (D-SIBs ...

The Reserve Bank of India (RBI) reaffirmed on Wednesday that State Bank of India, HDFC Bank, and ICICI Bank are India’s key “too-big-to-fail” banks.

Mumbai: State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. The Reserve Bank on Wednesday

SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) under the same bucketing structure as in the 2023 list of D-SIBs," the RBI notified.

The Reserve Bank of India (RBI) on Wednesday said State Bank of India (SBI), HDFC Bank and ICICI Bank will continue to be identified as Domestic Systemically Important Banks (D-SIBs). The D-SIB designated banks have to maintain additional Common Equity Tier 1 (CET1) in addition to the capital conservation buffer.

The Reserve Bank of India has designated State Bank of India, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) for 2024, requiring them to maintain higher capital buffers.