Prompt Corrective Action Framework

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CBI @ 50: PM vows to protect its legality

Prime Minister Manmohan Singh lauded the Central Bureau of Investigation as it completed 50 years during an address to senior officers at the at international conference on ‘Evolving common......

RBI brings Bank of India under corrective action

The RBI has initiated a 'prompt corrective action' against Bank of India for mounting bad loans, placing various restrictions on it including issuing of fresh loans and dividend distribution, BoI......

Centre plans to list at least five RRBs by FY27-end

After the merger of regional rural banks (RRBs) under the “One State, One RRB” policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them,......

New PCA framework for NBFCs introduced

To further strengthen the supervision on non-banking entities (NBFCs), the Reserve Bank on Tuesday issued revised guidelines on a Prompt Corrective Action (PCA) framework for such companies,......

Rs 3 lakh cr recovered from big corporate loan defaulters, says Goyal

Finance Minister Piyush Goyal on Friday said Rs 3 lakh crore have been recovered from big corporate loan defaulters. Presenting the Interim Budget for 2019-20 in the Lok Sabha, Goyal said,......

RBI removes 3 more banks from PCA framework

After removing three PSBs - BoI, Mahabank and OBC from the framework, RBI, on Tuesday, took out three commercial banks - Allahabad, Corporation and Dhanlaxmi from the said list. The Reserve Bank......

Prompt Corrective Action Framework

News for Prompt Corrective Action Framework

CBI @ 50: PM vows to protect its legality

RBI brings Bank of India under corrective action

Centre plans to list at least five RRBs by FY27-end

New PCA framework for NBFCs introduced

Rs 3 lakh cr recovered from big corporate loan defaulters, says Goyal

RBI removes 3 more banks from PCA framework

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