RBI says SBI, HDFC, ICICI remain as systemically important banks

RBI says SBI, HDFC, ICICI remain as systemically important banks

Kolkata: The Reserve Bank of India on Tuesday said that State Bank of India, HDFC Bank and ICICI Bank remained as domestic systemically important banks and they will have to maintain additional common equity tier 1 (CET1) capital ratio of 0.8%, 0.4% and 0.2% respectively in addition to the capital conservation buffer. This level of … Read more