Reserve Bank of India (RBI) has identified State Bank of India (SBI), HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) in its 2025 list. These three banks were continued to be listed under the same bucketing structure as in the previous year’s list.
The additional Common Equity Tier 1 (CET1) requirement as a percentage of Risk Weighted Assets (RWAs) is set at 0.80% for SBI, 0.40% for HDFC Bank and 0.20% for ICICI Bank.
The additional requirement of CET1 for these D-SIBs will be in addition to the Capital Conservation Buffer, the RBI said in a circular.
The D-SIB framework requires the RBI to disclose the names of banks designated as D-SIBs starting from 2015 and place these banks in appropriate buckets depending upon their Systemic Importance Scores (SIS).
Based on the bucket in which a D-SIB is placed, an additional CET1 requirement has to be applied to it.
In case a foreign bank having branch presence in India is a Global Systemically Important Bank (G-SIB) it has to maintain additional CET1 capital surcharge in India as applicable to it as a G-SIB, proportionate to its Risk Weighted Assets (RWAs) in India, i.e., additional CET1 buffer prescribed by the home regulator (amount) multiplied by India RWA as per consolidated global Group books divided by total consolidated global Group RWA.
The RBI had announced SBI and ICICI Bank as D-SIBs in 2015 and 2016 while HDFC Bank was classified as D-SIB in 2017 along with SBI and ICICI Bank. The current update is based on the data collected from banks as on March 31, 2025.
Published – December 02, 2025 10:15 pm IST
