![The Reserve Bank of India (RBI) issued its list of Domestic Systemically Important Banks (D-SIBs) The Reserve Bank of India (RBI) issued its list of Domestic Systemically Important Banks (D-SIBs)](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj88-hNrF1VO6O6wkknCRFUJ1ZjjawG9AVIzqW-AlICdTFMYtJ82SOxjg1CYRytUWDYUKEkPjoMgjCGbYUVxR81oX4hKW78G9YoYUG6NELnK4ACYhBzPv8G9EcBKQmt9lRwKo3Nr5eyOjvoi66NZ7u0dCttkeHAboVXcPKoA7ncxODAZoI2LdPmOQlldVJz/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(8).png)
- The banks identified as D-SIBs are:
- State Bank of India (SBI): Moved from bucket 3 to bucket 4.
- HDFC Bank: Shifted from bucket 1 to bucket 2.
- ICICI Bank: Continues to be in the same bucket as last year.
- These changes will trigger higher D-SIB buffer requirements effective from April 1, 2025, impacting their Common Equity Tier 1 (CET1) ratios.
- The D-SIB framework aims to manage and regulate banks based on their Systemic Importance Scores (SISs), ensuring a resilient financial system.
- The additional CET1 requirements reflect the RBI’s commitment to fortifying the financial sector’s stability.
Question:
Q. 1 Which bank moved from bucket 3 to bucket 4 in the 2023 D-SIBs list?a. HDFC Bank
b. ICICI Bank
c. State Bank of India (SBI)
d. Punjab National Bank (PNB)