SBI, HDFC Bank will need to maintain higher capital from FY25, says RBI!
Banking & Finance
State Bank of India (SBI), HDFC Bank, and ICICI Bank continue to be in the list of the domestic systemically important banks (D-SIBs) of the Reserve Bank of India, though the first two will require maintaining higher capital. While ICICI Bank continues to be in the same bucketing structure as last year, SBI and HDFC Bank move to higher buckets – SBI shifts from bucket 3 to bucket 4, and HDFC Bank shifts from bucket 1 to bucket 2.
the first two will require maintaining higher capital as they move up one notch in the ladder.
State Bank of India (SBI), HDFC Bank, and ICICI Bank continue to be in the list of the domestic systemically important banks (D-SIBs) of the Reserve Bank of India
SBI shifts from bucket 3 to bucket 4, and HDFC Bank shifts from bucket 1 to bucket 2,” RBI said in a statement.
About Reserve Bank Of India:
Governor: Shaktikanta Das
Founded: 1 April 1935, Kolkata
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