Out of PCA framework, IOB jumps 20%; Central Bank rises 11% on similar hopeAt 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...
30 Sep, 2021, 10.00 AM IST
RBI removes PCA restrictions on UCO BankUCO Bank, the Kolkata-based public sector lender, now goes off the so-called Prompt Corrective Action, leaving just two banks under curbs. ...
08 Sep, 2021, 08.26 PM IST
RBI Lifts Restrictions on BoI, Bank of Maha, Oriental BankThe move follows improvements in their asset quality and capital ratios and a ruling by the RBI on Thursday, said the source, who asked not...
01 Feb, 2019, 06.58 AM IST
RBI-Govt parleys: PCA norms could be eased for some better-off lendersThis will be available to those lenders that have shown considerable improvement in addressing bad loans.
14 Jan, 2019, 08.18 AM IST
Govt cash won’t help banks grow, recap a never-ending saga: AnalystsLooks like, this round of infusion will not be the be-all and end-all for the PSU lenders.
21 Dec, 2018, 01.17 PM IST
Govt seeks to fast-forward PSU bank recap; can lift 5 lenders out of PCAThe recapitalisation of state-owned banks will help them meet their provisioning needs.
20 Dec, 2018, 07.41 PM IST
Piyush Goyal criticises ‘sudden changes’ to PCA frameworkThe board of the RBI, which had a new governor this week, meets on Friday after Shaktikanta Das replaced Urjit Patel, who resigned abruptly...
14 Dec, 2018, 07.04 AM IST
Gov Shaktikanta Das told to ease PCA, one-day default norms by PSB headsThe meeting took place a day ahead of the crucial meeting of the central board of RBI here, which will take up a host of contentious issues...
13 Dec, 2018, 08.05 PM IST
Easing PCA norms will not help banks, NBFCs in the long-term, says analystEleven public sector banks are under the prompt corrective action .
12 Dec, 2018, 09.57 AM IST
PCA banks shunning lumpy corporate loans, switch focus to retail pieSuch lenders are competing with the likes of ICICI Bank and HDFC Bank for home loans and car loans, wresting market share.
26 Nov, 2018, 07.16 AM IST
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.
25 Nov, 2018, 11.57 PM IST
More steps for MSMEs, weak banks likely at next meetingAfter three weeks of hostilities, the government and RBI step back from the brink, compromise, and find some common ground.
20 Nov, 2018, 10.53 AM IST
Govt wants RBI to bring down capital requirements and align with Basel III: Rajiv KumarAccording to an initial estimate, if RBI relaxes the norms around Rs 6 lakh crore of lending can be achieved without any additional require...
26 Oct, 2018, 01.25 PM IST
RBI rejects government's proposal to ease PCA norms for banksData accessed by ET shows that all PCA banks have shrunk their losses and reduced their NPAs in the last quarter ended June after a peak in...
26 Oct, 2018, 08.41 AM IST
RBI rejects government proposal to ease PCA norms for banksEconomic affairs secretary Garg has been on record asking the RBI to relax these norms in light of the tightening liquidity in the banking ...
26 Oct, 2018, 07.52 AM IST
RBI may look at relaxing PCA frameworkThe govt also expects some lenders to come out of the PCA framework on their own after recent recoveries.
25 Oct, 2018, 09.09 AM IST
Government may take up easing of PCA rules with RBIAt present there are 11 banks under RBI’s PCA framework and the minimum common equity Tier-I ratio as prescribed by RBI stands at 5.5% agai...
26 Sep, 2018, 07.59 AM IST