SBI, ICICI Bank and HDFC Bank continue to be in the Reserve Bank of India’s list of Domestic Systemically Important Banks (D-SIBs) for 2018.
D-SIBs are required to maintain higher capital as compared to other banks.
The additional Common Equity Tier 1 (CET1) requirement for D-SIBs has already been phased-in from April 1, 2016, and will become fully effective from April 1, 2019, the RBI said, releasing the list for 2018.
The additional CET1 requirement will be in addition to the capital conservation buffer. “Current update is based on the data collected from banks as on March 31, 2018,” RBI said.
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