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Prompt Corrective Action Pca
Business  /  Published 13.12.18

PCA high on RBI meet agenda

The central board of the Reserve Bank of India (RBI), which will hold a crucial meeting on Friday, is likely to discuss the initial feedback on prompt corrective action (PCA) from the RBI’s Board fo...
By Our Special Correspondent in Mumbai

Business  /  Published 26.02.19

Three more out of PCA net

The Calcutta-based Allahabad Bank and two other lenders have come out of the Reserve Bank’s prompt corrective action (PCA) framework.Other than Allahabad Bank, the Reserve Bank of India (RBI) on Tue...
By Our Special Correspondent in Mumbai

Business  /  Published 03.01.19

RBI nudged to relax NPA rules for big loans

Banks have requested the Reserve Bank of India (RBI) to relax its February 2018 circular relating to the resolution of stressed assets.The lenders had submitted a wish list to governor Shaktikanta Das...
By Our Special Correspondent in Mumbai

Business  /  Published 28.12.18

RBI friction points with govt stay

The Reserve Bank of India (RBI) on Friday iterated its concerns over calls to ease the current risk weights, or minimum capital requirements, of banks. These are higher than the global Basel III norms...
By Our Special Correspondent in Mumbai

Business  /  Published 07.07.19

Recap to help weak banks

Hopes have brightened for banks that continue to remain under the RBI’s prompt corrective action (PCA) framework. Union finance minister Nirmala Sitharaman’s Rs 70,000-crore bank recapitalisation ...
By Our Special Correspondent in Mumbai

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