Overview
- SBI, HDFC Bank and ICICI Bank remain designated domestic systemically important banks in the RBI’s December 2 update.
- SBI must hold an additional 0.80% of risk‑weighted assets in CET1 capital, HDFC Bank 0.40%, and ICICI Bank 0.20%.
- The RBI placed SBI in Bucket 4, HDFC Bank in Bucket 2, and ICICI Bank in Bucket 1 based on systemic importance scores.
- The D‑SIB regime stems from a 2014 framework updated on December 28, 2023, which mandates disclosure and bucketed capital surcharges.
- Foreign banks designated as global systemically important must maintain a proportionate CET1 surcharge in India relative to their India RWAs.