Search For "corrective action"
Parliamentary panel meets heads of 11 PSU banks
Updated : 7 years, 11 months ago IST
New Delhi [India], June 26 (ANI): The Parliamentary Standing Committee on Tuesday met 11 Public Sector Undertaking (PSU) bank heads to submit a report in Monsoon session of Parliament, as per sources.
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SAI issues order to ensure food quality, hygiene
Updated : 7 years, 11 months ago IST
New Delhi [India], June 12 (ANI): After Indian men's hockey team coach Harendra Singh complained about the poor quality food and hygiene level at Sports Authority of India center in Bengaluru, SAI Director General Neelam Kapur on Tuesday said that orders have been issued to take corrective a
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Finance Minister Piyush Goyal takes stock of banking system
Updated : 8 years ago IST
New Delhi [India], May 17 (ANI): Union Finance Minister Piyush Goyal on Thursday attended a meeting convened by the Department of Financial Services with various banks, under the Prompt Corrective Action (PCA) and took stock of the banking system.
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RBI issues corrective framework for PSBs
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar. 17 (ANI): Amid the multiple scams unearthed recently in the banking sector, the Reserve Bank of India (RBI) has issued a Prompt Corrective Action (PCA) framework to maintain the sound financial health of banks.
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No question of closing down any bank, says DFS Secretary
Updated : 8 years, 5 months ago IST
New Delhi [India], Dec 22 (ANI): There is no question of closing down any bank, rather the government is looking to strengthen the Public Sector Banks (PSB), Rajeev Kumar, Secretary Department of Financial Services (DFS), Ministry of Finance said on Friday.
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PCA framework not intended to constrain normal banking operations, says RB
Updated : 8 years, 5 months ago IST
New Delhi [India], Dec 22 (ANI): The Reserve Bank of India (RBI) on Friday clarified that the Prompt Corrective Action (PCA) framework is not intended to constrain normal operations of the banks for the general public.
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IDBI Bank on RBI's radar for bad loans
Updated : 8 years, 9 months ago IST
New Delhi [India], May 10 (ANI): The Reserve Bank of India (RBI) on Wednesday invoked prompt corrective action (PCA) on government-owned IDBI Bank due to its bad loans and return on assets (ROA).
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Jet Airways pilot de-rostered after being accused of racism by Harbhajan
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr 26 (ANI): Hours after Indian cricketer Harbhajan Singh accused a Jet Airways pilot of racism, the airline has de-rostered the pilot and assured that corrective action would be taken as per company policy, and after due investigation into the incident.
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RBI's tightening of prompt corrective action framework positive for b
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr 19 (ANI): According to credit rating agency ICRA, the Reserve Bank of India's (RBI)'s revision in the prompt corrective action (PCA) framework for the banks is a positive and a welcome step, given the operating and financial profile of some of the banks.
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Sports Ministry lifts ban on IOA
Updated : 8 years, 9 months ago IST
New Delhi [India], Jan. 13 (ANI): The Sports Ministry on Friday decided to revoke the suspension of deemed recognition of Indian Olympic Association (IOA) with immediate effect in the light of the corrective action taken by them in reversing its earlier decision making tainted Abhay Singh Ch
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