The Reserve Bank of India has once again confirmed that State Bank of India, HDFC Bank and ICICI Bank are the safest banks in the country. These three institutions have been classified as Domestic Systemically Important Banks, meaning they are so crucial to India’s financial stability that neither the government nor the RBI will allow them to collapse.

These banks have been part of the D-SIB framework for nearly a decade. The RBI introduced the concept in 2014, listing SBI in 2015, ICICI Bank in 2016 and HDFC Bank in 2017. Since then, they have been viewed as pillars of the economy because any disruption in one could impact the entire banking system.

Under the D-SIB rules, each bank must maintain additional Common Equity Tier-1 capital to ensure it can withstand even the most severe fina

See Full Page