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of <h1>Reserve Bank Updates D-SIB Assessment: Focus on Digital Payments, New Timelines, and Data Requirements Effective 2024 -SIB.</h1> The Reserve Bank has reviewed the assessment methodology for identifying Domestic Systemically Important Banks (D-SIBs). While the indicators and their weights remain unchanged, revisions include updating the Payments sub-indicator to focus on digital payments, adjusting the timeline for annual assessments and disclosures, and modifying data requirements for marketable securities and transactions. The revised methodology, effective from the 2024 assessment, requires banks to submit data by August 15 annually, with D-SIBs disclosed in November. Detailed guidelines will be provided to banks involved in the assessment.
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