Common equity Current Affairs, GK & News

RBI List of Scheduled Banks – Update

The Reserve Bank of India (RBI) recently included Airtel Payment Bank in the second schedule of RBI Act, 1934. And HDFC, ICICI and SBI are to remain as D – SIB. D – SIB is Domestic Systematically Important Banks. Criteria for a D – SIB The bank should belong to the category of CET 1. ..

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Banks may need 5 lakh crore towards Basel III

In the wake of Basel III capital regulations declared by the RBI, the Indian banks would require Rs 3,90,000-5,00,000 crore capital over the next 6 years. As per initial estimates by bankers and rating agencies, out of this , the need for common equity would be Rs 1,30,000-2,00,000 crore, additional Tier-I capital of Rs 1,90,000 ..

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