RBI keeps SBI, ICICI, HDFC as ‘systemically important’

The RBI has again tagged the State Bank of India, ICICI Bank and HDFC Bank asdomestic systemically important banks.

While ICICI Bank and HDFC Bank, placed in bucket 1, need to make a provision of 0.20% for additional Common Equity Tier 1 as percentage of Risk Weighted Assets, it would be 0.60% in the case ofSBI placed in bucket 3.