SBI, HDFC Bank, ICICI Bank remain systemically important banks- RBI
时间:2024-06-26 10:37:18 阅读(143)
The Reserve Bank on Thursday said SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) or institutions which are ‘too big to fail’.
The D-SIB Framework requires the Reserve Bank of India to disclose the names of banks designated as D-SIBs every year in August, starting from August 2015. The framework also requires that D-SIBs may be placed in four buckets depending upon their Systemic Importance Scores (SISs).
SBI shifted from bucket 3 to bucket 4 and HDFC Bank moved from bucket 1 to bucket 2, meaning the lenders will have to meet higher additional Common Equity Tier 1 as a percentage of Risk Weighted Assets (RWAs).
The higher D-SIB surcharge for SBI (0.8 per cent) and HDFC Bank (0.4 per cent) will be applicable from April 1, 2025. Hence, up to March 31, 2025, the D-SIB surcharge applicable to SBI and HDFC Bank will be 0.60 per cent and 0.20 per cent, respectively, the RBI said. The additional CET1 requirement will be in addition to the capital conservation buffer.
The central bank had announced SBI and ICICI Bank as D-SIBs in 2015 and 2016. Based on data collected from banks as of March 31, 2017, HDFC Bank was also classified as a D-SIB.
The current update is based on the data collected from banks as of March 31, 2023, and factoring in the increased systemic importance of HDFC Bank post the merger of erstwhile HDFC Ltd into HDFC Bank on July 1, 2023.
猜你喜欢
- Nifty, Sensex snap 3-day losing streak, end higher on monthly F&O expiry; charts indicate bounce back
- IPO pipeline may continue to be robust
- IT companies face currency headwinds in Europe
- James Webb Telescope unveils another cosmic surprise! Challenges astrophysical assumptions with banana-like newborn galaxies
- IPL 2023 pitches for cricketing thrills, 7 top performers who put their opponents at sixes and sevens - See Photos
- Is compounding truly the 8th wonder of the world-
- Israel Hamas war- Blinken presses Arab states to discuss the future of Gaza
- Nifty, Sensex tank more than 1%; here’s what is dragging share market today
- Nifty to reclaim 20000 or continue to fall in trade- See GIFT Nifty, FII data, crude, F&O ban, more before market opens