PCA is aimed at improving the performance of the bank and will not have any adverse impact on the day-to-day operations
28 Sep 2019 3:40 PM
Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019.
27 Feb 2019 1:03 PM
The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.
21 Feb 2019 5:19 PM
Of 21 PSBs, 11 are under prompt corrective action framework of the Reserve Bank of India.
31 Aug 2018 8:53 AM
Don’t see more banks coming under RBI corrective action: FinMin.
12 Jun 2018 7:01 AM
Under the PCA, banks face restrictions on distributing dividends and remitting profits.
18 May 2018 12:45 AM
Under the PCA, banks face restrictions on distributing dividends and remitting profits.
17 May 2018 9:13 AM
For the year ended March 2017, the net non-performing assets (NPAs) of the bank rose to 11.76 per cent.
17 Jun 2017 6:51 PM
RBI may also impose restrictions on the bank on borrowings from interbank market.
10 May 2017 2:01 PM
Demands plan to save horses that haul Victoria carriages despite High Court ban.
04 Dec 2016 6:55 AM