State Bank of India, HDFC Bank, and ICICI Bank were once more designated as Domestic Systemically Important Banks (D-SIBs) in 2024.

SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) under the same bucketing structure as in the 2023 list of D-SIBs," the RBI notified.

India's central bank on Wednesday said the State Bank of India, HDFC Bank and ICICI Bank remain the three domestic systemically important banks (D-SIBs) and that the first two would need to maintain an additional capital buffer starting April 2025.

State Bank of India, HDFC Bank, and ICICI Bank were once more designated as Domestic Systemically Important Banks (D-SIBs) in 2024. A penthouse in Mumbai worth ₹120 crore sees a lot of interested buyers but still remains unsold,

The Reserve Bank of India (RBI) reaffirmed on Wednesday that State Bank of India, HDFC Bank, and ICICI Bank are India’s key “too-big-to-fail” banks.

The Reserve Bank of India has again designated SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks for 2024. This classification requires these banks to maintain higher capital reserves to ensure financial stability.