SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs). While ICICI Bank continues to be in the same bucketing structure as last year, SBI and HDFC Bank move to higher buckets – SBI shifts from bucket 3 to bucket 4 and HDFC Bank shifts from bucket 1 to bucket 2. For SBI and HDFC Bank, the higher D-SIB buffer requirements on account of the bucket increase will be effective from April 1, 2025. The additional Common Equity Tier 1 (CET1) requirement will be in addition to the capital conservation buffer.

The Reserve Bank had issued the framework for dealing with Domestic Systemically Important Banks (D-SIBs) on July 22, 2014. In terms of this framework, the Bank is required to identify and disclose the names of banks designated as D-SIBs annually. Further, in terms of the framework, the assessment methodology, for assessing the systemic importance of banks and identification of the D-SIBs, is required to be reviewed on a periodic basis. 

In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on October 06, 2023, the Reserve Bank has today placed on its website, a ‘Draft Omnibus Framework for recognising Self-Regulatory Organisations for Regulated Entities’.  The draft omnibus framework contains broad parameters applicable to any Self-Regulatory Organisation (SRO) viz., objectives, responsibilities, eligibility criteria, governance standards, application process and other basic conditions for grant of recognition to the SRO.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 02-Dec-22 17-NOV-2023 * 01-DEC-2023 * 02-Dec-22 17-NOV-2023 * 01-DEC-2023 * LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 204511.44 241123.11 254742.65 206990.5 244489.69 258583.28 **

The Reserve Bank of India (RBI) has noticed certain misleading advertisements enticing borrowers by offering loan waivers. These entities seem to be actively promoting many such campaigns in the print media as well as social media platforms. There are reports of such entities charging a service/legal fee for issuing ‘debt waiver certificates’ without any authority. It has also come to our notice that in certain locations, campaigns are being run by a few persons, which undermine the efforts of Banks in enforcing their rights over the securities charged to the Banks. Such entities are misrepresenting that dues to financial institutions including banks need not be repaid. Such activities undermine the stability of financial institutions and, above all, the interest of the depositors. It may also be noted that associating with such entities can result in direct financial losses.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs)    ALL SCHEDULED BANKS 18-Nov-22 03-NOV-2023* 17-NOV-2023* 18-Nov-22    03-NOV-2023* 17-NOV-2023* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 197683.51 242686.81 241123.31 200234.72 246100.18 244489.89 **  b) Borrowings from banks 59717.51 195603.02 186866.5 59825.5 195669.28 186961.73 c) Other demand & time liabilities 52717.05 72833.37 72004.03 53280.8    73572.49 72619.52

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of November 2023 are set out in Tables 1 to 7.

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 04-Nov-22 20-OCT-2023* 03-NOV-2023* 04-Nov-22 20-OCT-2023* 03-NOV-2023* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 197284.22 240291.16    242365.3 200069.43 245495.19    245778.67**

(Amount in ₹ crore)SCHEDULED COMMERCIAL BANKS(Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS21-Oct-22 06-OCT-2023* 20-OCT-2023* 21-Oct-22 06-OCT-2023*    20-OCT-2023* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 186189.57 237269.35 239035.24 189070.38 239604.43 244239.27 **

The Financial Action Task Force (FATF) vide public document ‘High-Risk Jurisdictions subject to a Call for Action’ – October 2023, has called on its members and other jurisdictions to refer to the statement on Democratic People’s Republic of Korea (DPRK) and Iran adopted in February 2020 which remains in effect. Further, Myanmar was added to the list of High-Risk Jurisdictions subject to a Call for Action in the October 2022 FATF plenary and FATF has called on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risk arising from Myanmar. When applying enhanced due diligence measures, countries have been advised to ensure that flows of funds for humanitarian assistance, legitimate NPO activity and remittances are not disrupted. The status of Myanmar in the list of countries subject to a call for action, remains unchanged.