The Reserve Bank of India (RBI) released the latest list of domestic Systemically Important Banks (D-SIBs). ICICI Bank maintained its existing categorization, while State Bank of India (SBI) and HDFC Bank moved to higher buckets. SBI shifted from bucket 3 to bucket 4, and HDFC Bank moved from bucket 1 to bucket 2. The higher D-SIB buffer requirements for SBI and HDFC Bank will be effective from April 1, 2025.
