Country's leading private sector lender ICICI Bank, whose shares tumbled by 20 per cent on Friday, has a high capital adequacy ratio of 13.97 per cent, well above that of State Bank of India (SBI) and HDFC Bank during 2007-08, says a RBI report.

The capital adequacy ratio of the ICICI Bank, according to the central bank's recent profile of the Indian banking industry, was also well above the industry average of 13 per cent.

As against the Capital to Risk Weighted Assets Ratio (CRAR) of the ICICI Bank at 13.97 per cent, the SBI had a CRAR of 12.64 per cent and HDFC 13.60 per cent. 

CRAR reflects the ability of a bank to deal with loan defaults, and as per the RBI guidelines, every bank is required to maintain capital adequacy ratio.

The shares of the ICICI Bank during the last week went down by 27.83 per cent on the Bombay Stock Exchange to  close at Rs 364.

According to the RBI analysis, CRAR of private banks at 14.30 per cent for 2007-08 was higher compared to the PSU and foreign banks.

The average CRAR of the nationalised banks stood at 12.10 per cent while that of foreign banks at 13.10 per cent for the year 2007-08. State Bank of India and its associates had an average CRAR of 13.20 per cent, with SBI's capital adequacy ratio stood at 12.64 per cent, below the group average.    

Among the nationalised banks, Canara Bank's CRAR at 13.25 per cent was higher than the industry average.

The CRAR of foreign banks such as Standard Chartered Bank, HSBC and Citibank stood at 10.59 per cent, 10.59 per cent and 12 per cent respectively, below the industry average.