Let us know which 3 banks RBI have the most trust in, where your money will never sink.
Reserve Bank of India (RBI) has released the list of D-SIB (Domestic Systemically Important Banks) 2022-23.
This list of Most Trusted Banks issued by RBI includes one big government bank and two big private banks of the country.
RBI has included the following three banks in this list. 1- State Bank of India, 2- ICICI Bank (ICICI Bank) 3- HDFC Bank
According to RBI, these three banks are one of the largest financial institutions in the country, which cannot be allowed to sink.
Let us tell you that the Reserve Bank of India (RBI) declared SBI and ICICI Bank as D-SIBs in 2015 and 2016.
Now on the basis of new data, the State Bank of India (SBI) and ICICI Bank as well as HDFC Bank were also included in D-SIB.
Additional Common Equity Tier 1 requirement as a percentage of Risk Weighted Assets (RWAs) in SBI is 0.60%,
SIB helps banks in times of financial crisis. These banks also take advantage of certain advantages in the funding market.