RBI plans to create four sub-categories of D-SIB lenders
Reserve Bank of India. File photo- DC
Mumbai: The Reserve Bank of India said it would start disclosing the names of banks deemed as domestic systematically important banks (D-SIB), the rough equivalent of too-big-to-fail in other countries, in August of each year starting in 2015.
The RBI said as per data it had compiled as of March 31, 2013, four to six domestic lenders would qualify under the D-SIB category.
The central bank added it would create four sub-categories of D-SIB lenders, each with different requirements for additional common equity tier 1 capital requirements that would range from 0.20 per cent to 0.80 per cent of risk weighted assets.
( Source : reuters )
Next Story
