Figures in parentheses refer to base year used in stress test. CET1 ratio refers to a bank’s common equity and retained earnings as a percentage of risk-weighted assets. India stress test results refer to 15 largest banks (including 12 public sector banks). Russia's results are based on stress test conducted by CBR on 681 banks. Initial CET1 ratio (for year 2015) was not revealed in the report, although subsequent reports put the ratio at 9.2% (2017). The severe adverse scenario for Russia refer to the "V-shape scenario" which assumed GDP growth to fall to (-)7.8% YoY in 2016.