RBI risk guardrails: SBI, HDFC and ICICI keep D-SIB tag; what do higher capital buffers mean for them?
India’s three largest lenders — State Bank of India, HDFC Bank and ICICI Bank — will continue to be treated as domestic systemically important banks (D-SIBs), the Reserve Bank said on Tuesday, underscoring their critical role in the financial system and the need for stronger capital cushions. The designation requires the lenders to maintain higher…