A bank is generally placed under the framework based on the audited annual financial results. However this does not bar RBI from imposing r...

At 09:25 (IST), shares of the state-owned bank traded at Rs 24.50 on the National Stock Exchange, registering a 19.80% jump from the previo...

Indian Overseas Bank, Central Bank of India and UCO Bank are currently under this framework that puts several restrictions on them, includi...

Five banks – Central Bank of India, IDBI Bank, Indian Overseas Bank, Uco Bank and Lakshmi Vilas Bank – are now under the RBI prompt correct...

Based on each trigger point, the banks have to follow a mandatory action plan.

Shares of Dhanlaxmi Bank rose 10 per cent to hit a high of Rs 15.40 at the open.

Of the 21 state-owned banks, 11 were placed under PCA framework by RBI.

Exiting the PCA will remove some of the lending restrictions, which the PCA plan imposed, on these banks.

"Such stringent norms stipulated by RBI for our banks is unrealistic and unwarranted," the panel said.

RBI has placed 11 state-run banks, including Bank of India, Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank and UCO Bank,...

The PCA banks have also increased recoveries, while containing the growth in advances and deposits, reducing riskiness of assets and focusi...

The board of the RBI, which had a new governor this week, meets on Friday after Shaktikanta Das replaced Urjit Patel, who resigned abruptly...

As many as 11 loss-making state run banks are under the RBI’s watch through the PCA framework till they regain health.

The Reserve Bank of India's PCA framework restricts lending and expansion of lenders.

The govt also expects some lenders to come out of the PCA framework on their own after recent recoveries.

As many as 11 of the 21 PSU banks are currently under the PCA framework.

RBI said it has come across some "misinformed communication" circulating in some section of media about closure of some public sector banks...