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SBI, ICICI Bank hail D-SIBs tag, say have higher capital base

Last Updated: Monday, August 31, 2015, 23:25

Welcoming Reserve Bank decision to declare them as systemically important banks, state-owned SBI and private sector ICICI Bank Monday said their capital adequacy is much higher than required.

RBI says SBI, ICICI Bank systemically important banks

Last Updated: Monday, August 31, 2015, 21:22

RBI Monday identified state-owned SBI and private sector ICICI Bank as systemically important banks and subjected them to higher levels of supervision to prevent disruption to financial services in event of any failure.