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RBI declares the safest banks in India, find the list here

RBI has said that the country's biggest lender State Bank of India (SBI) as well as private banks like HDFC and ICICI continue to be D-SIBs.


The Reserve Bank of India (RBI), India’s central bank, has revealed which banking firms are the safest and most reliable in India. Two commercial banks and one public bank are on the RBI’s list of Domestic Systemically Important Banks (D-SIBs).

RBI has said that the country’s biggest lender State Bank of India (SBI) as well as private banks like HDFC and ICICI continue to be D-SIBs or entities which are ‘too big to fail’. Since SIBs are considered as “safe” institutions, therefore they build a perception of getting government’s support in times of financial stress, and because of this they get some advantage in the markets.

These three banks were featured in the last year’s list of domestic systemically significant banks along with some of the most influential banking and financial institutions in India. These banks are under the special attention of the Reserve Bank of India which is also an assurance of proper function.

The Reserve Bank of India has set certain regulations on these banks to ensure that they are the safest banks in India. For instance, these banks are to maintain a certain percentage of their risk-weighted assets as Tier-1 equity. Here, SBI put 0.60 per cent of its assets as Tier-1 equity whereas the next two in the line, HDFC and ICICI bank are required to put 0.20 per cent of their reserved assets as Tier-1 equity.

The Reserve Bank of India conducts an annual assessment in August every year where it scans these banks according to their reach and operations. Only after that, it compiles the list of the most important banks in India.

Only the three above-mentioned banks are on this list at the moment.
  1. Adi says

    This has got nothing to do with how safe the banks are.

  2. Elangovan says

    Already UGC can’t controll Indian Universties and distance education it self is horrible and for universities to mint money.Thousands of court cases up to supreme court.Now foreign universities in same band wagon

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