The Reserve Bank of India (RBI) has released its latest list of Domestic Systemically Important Banks (D-SIBs) for the year 2025, reaffirming the status of three major lenders State Bank of India (SBI), HDFC Bank and ICICI Bank. The announcement based on data as of 31 March 2025, confirms that these banks continue to remain “Systemically important” to India’s financial system.
No Change in the D-SIB List
According to the latest update, all three banks remain in the same regulatory buckets as the previous year. This means there are No additions or removals in the D-SIB classification for 2025.
What Makes a Bank Systemically Important?
D-SIBs are banks whose Size, Complexity, Interconnectedness and Importance to the economy make them critical to the stability of the financial system. If such a bank faces a crisis it could cause a significant ripple effect across the entire banking sector and economy.
Because of this D-SIBs are required to maintain Higher regulatory capital buffers to ensure greater resilience and reduce the risk of failure.
Capital Surcharges for 2025
Under the new classification, RBI has assigned the following additional Common Equity Tier-1 (CET1) capital requirements:
- SBI: 0.80%
- HDFC Bank: 0.40%
- ICICI Bank: 0.20%
These surcharges are added on top of existing capital adequacy norms making these banks better protected against financial stress.
Why This Matters
By retaining the same D-SIB list RBI signals continued confidence in the stability and importance of these three institutions. For customers, this means these banks are subject to stricter oversight and stronger capital safeguards. For the banks, maintaining D-SIB status requires careful management of Capital, Risk and Regulatory compliance.
How Often Does RBI Update the List?
RBI reviews and updates the D-SIB list Every year, usually based on data from the previous financial year. The next update is expected around the end of 2026.
