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PCA RESTRICTIONS
RBI comes out with PCA framework for NBFCsThe RBI said," NBFCs have been growing in size and have substantial inter-connectedness with other segments of the financial system. Accord...
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...
RBI lifts prompt corrective action curbs from Indian Overseas BankRBI's Board for Financial Supervision has reviewed the performance of the banks and noted that as per its published results for the year en...
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. ...
Hopeful to come out of PCA framework very soon: UCO Bank MD"I dont foresee any hurdle and remain hopeful that we will get the regulators approval to come out of PCA," UCO bank managing director and ...
UCO Bank requests RBI to lift business restrictions placed on itUco managing director AK Goel told ET that the lender has approached the regulator after its announcement of the March quarter results in w...
RBI removes PCA restrictions on IDBI BankIDBI Bank was placed under the so-called PCA framework in 2017 over its high bad loans and negative return on assets, at a time when Indian...
RBI board mulls future course for weaker banksFive banks – Central Bank of India, IDBI Bank, Indian Overseas Bank, Uco Bank and Lakshmi Vilas Bank – are now under the RBI prompt correct...
IDBI turns in a profit, hopes for quick exit from corrective actionIt is only on the RoA that the LIC owned private sector lender does not qualify.
Shaktikanta Das defends placing Lakshmi Vilas under PCABased on each trigger point, the banks have to follow a mandatory action plan.
PCA framework helped reduce contagion losses: RBI reportRBI has placed 11 state-run banks, including Bank of India, Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank and UCO Bank,...
RBI says banks under PCA report slower NPA growth in FY18The PCA banks have also increased recoveries, while containing the growth in advances and deposits, reducing riskiness of assets and focusi...
Capital adequacy and prompt corrective actionThe PCA framework is applicable only to commercial banks.
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.
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...
NPA overload: RBI puts restrictions on Corporation BankThis makes Corporation Bank the eighth lender to face restrictions in a span of 10 months.
RBI initiates Prompt Corrective Action against Bank of Maharashtra as NPA mountsFor the year ended March 2017, the net non-performing assets (NPAs) of the bank rose to 11.76 per cent, while return on assets declined to ...