Prompt Corrective Action
Don’t fall for 1 or 2 per cent more FD rate at small banks
The regulator clearly has too much on his plate and is not equipped to detect wrong doing in a timely fashion.
NBFC retail to cross Rs 10 lakh crore
ICRA anticipates that the availability of funds and their cost will continue to be a worry in the first half of FY20 as well.
Allahabad, Corp Bank, Dhanlaxmi out of PCA
BoI, BoM & OBC were taken out of framework.
CARE Ratings to government: From where will you get the recap funds for PSBs?
The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.
3 banks taken off PCA framework
Of the 21 state-owned banks, 11 were under the PCA framework, which imposes lending and other restrictions on weak lenders.
Banks to come out of PCA framework by this fiscal: Rajiv Kumar
Various measures taken by the government including implementation of Insolvency and Bankruptcy Code has yielded good results.
State-run banks hopeful of getting out of RBI's watchlist by 2020
Under the PCA, banks face restrictions on distributing dividends and remitting profits.
PSBs may set up assets management firm: FM
Panel, headed by PNB chairman, to report in 2 weeks