RBI to start announcing too-big-to-fail banks in Aug 2015

Tags: News
The Reserve Bank of India (RBI) 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 percent to 0.80 percent of risk weighted assets.

EDITORIAL OF THE DAY

  • CAG's observations on auction of coal blocks must be investigated by CVC

    Coal has an intrinsic relationship with fire.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Urs Schoettli

Look, who's blowing his own Trump(et)

Traditionally, major political events in the United States are followed ...

Zehra Naqvi

Deliciously desi

What’s the best way to spend a chilled-out weekend all ...

Bubbles Sabharwal

Good or bad, say thanks to the universe

It is true, life is richer than fiction. If we ...