MUMBAI, July 22 India's central bank said it
would start disclosing the names of banks deemed as domestic
systematically important banks (D-SIB), the rough equivalent of
too-big-to-fail in other countries, in August of each year
starting in 2015.
The Reserve Bank of India said as per data it had compiled
as of March 31, 2013, four to six domestic lenders would qualify
under the D-SIB category.
The central bank added it would create four sub-categories
of D-SIB lenders, each with different requirements for
additional common equity tier 1 capital requirements that would
range from 0.20 percent to 0.80 percent of risk weighted assets.
For full RBI release see (bit.ly/1yVoLxG)
(Reporting by Rafael Nam and Suvashree Dey Choudhury; Editing
by Subhranshu Sahu)