Investing.com – In a press release on January 4, 2022, Central Regulator Reserve Bank of India released a list of important domestic systemic banks (D-SIBS) in 2021.

Very important for local economy SBI, ICICI Bank and HDFC Bank, RBI released list | . SBI, ICICI Bank, HDFC Bank are Domestic Systemically Important Banks says RBI | pipanews.com

It has identified the state-owned lender of the State of Bank of India (NS: SBI) and private lenders of ICICI Bank (NS: ICBK) and HDFC Bank (NS: HDBK) as a system that is important systemically, which is considered a bank, ‘too big failed ‘.

RBI completed such banks after considering factors such as size, complexity, lack of substitution and linked banks, state reports.

In additional level 1 requirements for D-SIBS are removed from April 1, 2016, and become fully effective starting April 1, 2019. Additional CET1 requirements will be an additional capital conservation buffer, stating the RBI press conference.

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D-SIBS is important for the country’s economy. In tribulation events, the government supports these banks and if such banks fail, it will cause the economic economic disruption as a whole.

SBI, ICICI Bank and HDFC (NS: HDFC) The Bank was identified as D-SIBS with the same bucket structure as the list of 2020 D-SIBS. SBI is expected to maintain a percentage of risk-weighted assets (RWAS) at 0.6%, while the ICICI Bank and HDFC Bank are needed to maintain 0.2% each.

The RBI has announced SBI as D-SIB in 2015, followed by ICICI Bank in 2016