“RBI has named State Bank of India as Domestic Systemically Important Bank as expected. However, the additional capital requirement of Tier I Capital has been lowered by 20 bps as compared to the draft guidelines. SBI currently has a much higher level of Tier I at 9.62% as opposed to 7.00% required under the current guidelines.”Tuesday, September 1, 2015
views of Smt. Arundhati Bhattacharya, Chairman, SBI on announcement of domestic systemically important banks by RBI.
“RBI has named State Bank of India as Domestic Systemically Important Bank as expected. However, the additional capital requirement of Tier I Capital has been lowered by 20 bps as compared to the draft guidelines. SBI currently has a much higher level of Tier I at 9.62% as opposed to 7.00% required under the current guidelines.”
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