Question
Which of the following banks have been named as the
Domestic Systematically Important banks by RBI for 2024?Solution
The Domestic Systematically Important banks (D-SIB) or banks which are “too big to fail” are SBI, HDFC Bank and ICICI Bank. These banks have to keep additional Common Equity Tier 1 capital. SBI has to keep additional capital of 0.6% of bank’s risk weighted assets while HDFC bank and ICICI bank have to keep 0.2% additional buffer.
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