Central Bank of India likely to exit RBI PCA framework soonCentral Bank of India reported a 14.2 per cent rise in net profit to Rs 234.78 crore in the first quarter ended June this fiscal as compare...
Banks plan to move govt for tweak in CrPC to stop arbitrary arrestsCEOs of state-owned as well as private banks have discussed the subject during the managing committee meetings of the industry lobby Indian...
RBI spells out rules for a bank to exit prompt corrective action frameworkA bank is generally placed under the framework based on the audited annual financial results. However this does not bar RBI from imposing r...
Seizure of animals can be done under 2017 rules of PCA Act pending litigation: Centre to SCThere is a difference between sale and seizure. When sale is there then income is generated. We are only concerned with confiscation of ani...
Stranded cattle along Bangladesh border new headache for BSFThere are around 1,000 seized bovines stranded at the border outposts in four sectors in West Bengal – Kolkata, Krishnagar, Berhampur and M...
Government may raise PCA issue again if norms not eased by RBIAs many as 11 loss-making state run banks are under the RBI’s watch through the PCA framework till they regain health.
All isn't lost for banks under PCA as their retail loan pie jumps 400 bps to 19%: ReportThe Reserve Bank began to place state-run banks under PCA framework first time in September 2016, when their NPAs soared beyond the regulat...
4 public sector banks may come out of PCA shacklesA total of 11 state-run lenders are under the prompt corrective action framework.
6 more state-run banks may come under PCAIf the RBI imposes restrictions on these lenders in the next one month, it will bring the number of state-run banks under the PCA framework...
Tamil Nadu Governor Ch Vidyasagar Rao approves ordinance, jallikattu to be held tomorrow"I urge the youths, students and the general public to make the jallikattu events across Tamil Nadu a grand success by participating in lar...
Supreme Court rejects Tamil Nadu's plea for review of jallikattu verdictThe apex court said there was a "frontal collision and apparent inconsistency" between the PCA Act and the Tamil Nadu Regulation of Jallika...
- Parliamentarians and celebrities join hands to demand stronger penalties for animal cruelty
Parliamentarians from different political parties and celebrities from the movie and music world joined hands with animal rights groups on ...
MPs, celebs launch `No More 50' campaign for stronger animal lawsSeveral Parliamentarians, celebrities on Thursday launched the `No More 50' campaign in order to press for stronger animal rights law; so t...
Corruption taint didn't rub on BJP candidatesAn analysis of the election affidavits of candidates of all major parties shows that both BJP & Cong fielded three candidates each facing c...
Laws and rules against corruption make things tough for honest bureaucratsBureaucrats are public servants. Any decision taken by a bureaucrat tends to benefit a third party and ex ante, it is impossible to predict...
- 2G: Essar, Loop oppose jurisdiction of Special CBI court
Essar Group and Loop Telecom commenced their arguments in the Supreme Court opposing the jurisdiction of a special court.
- Punjab Cricket Association seeks to convert into a company
Intending to be much more professional, the Punjab Cricket Association (PCA) has sought licence from the Ministry of Corporate Affairs to c...