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Prompt Corrective Action Pca
Business  /  Published 19.11.18

RBI board meet underway to discuss key issues

A crucial meet of the Reserve Banks central board is underway on Monday amid a rift between the central bank and the government over future course of policies.Reserve Bank of India Governor arrived at...
By PTI in Mumbai

Business  /  Published 18.11.18

RBI ready with MSME loan logic

The Reserve Bank of India, which is under pressure from the government to funnel more credit to small and medium-scale businesses, is expected to emphasise the point that the regulator has classified ...
By Our Special Correspondent in Mumbai

Business  /  Published 14.12.18

Decisions elude RBI board meeting

The keenly tracked meeting of the RBI central board, under the stewardship of new governor Shaktikanta Das, turned out to be a tame affair on Friday as no concrete outcome emerged on any of the vexed ...
By Our Bureau in New Delhi

Business  /  Published 03.09.19

IDBI gets Rs 9,300 crore prop

The Union cabinet has approved a Rs 9,300-crore cash infusion into the loss-laden IDBI Bank, which was taken over by LIC in January.As the majority shareholder with a 51 per cent stake, LIC will contr...
By Our Special Correspondent in New Delhi

Business  /  Published 13.11.18

Allahabad Bank date to slip out of PCA curbs

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By A Staff Reporter in Calcutta

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Business  /  Published 13.11.18

Govt lists terms to end tiff with RBI

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By Jayanta Roy Chowdhury in New Delhi

Business  /  Published 31.01.19

RBI weak bank tag off PSU trio

The Reserve Bank of India (RBI) on Thursday took three state-owned lenders out of the prompt corrective action (PCA) framework, lifting lending restrictions on the bank trio and providing some relief ...
By Our Special Correspondent in Mumbai

Business  /  Published 01.01.19

Calcutta bank duo to get Rs 5235cr

Two Calcutta-based banks will receive a fresh dose of capital infusion worth Rs 5,235 crore from the central government as part of its recapitalisation initiative for public sector lenders.The governm...
By A Staff Reporter in Calcutta

Business  /  Published 27.12.18

Recap bond prop for seven banks

The government plans to release Rs 28,615 crore soon to a clutch of seven weak state-run banks through recapitalisation bonds.Sources said Bank of India would get the largest share of Rs 10,086 crore,...
By Our Special Correspondent in New Delhi

Business  /  Published 20.12.18

Energiser for weak PSU banks

The government on Thursday brought a supplementary demand for grants of Rs 85,949 crore before Parliament, including Rs 41,000 crore to recapitalise weak state-run banks so that they can be brought ou...
By Our Special Correspondent in New Delhi


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