Search For "pca framework"
RBI lifts prompt corrective action restrictions on Central Bank of India
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 21 (ANI): The Reserve Bank of India has removed the Central Bank of India from the Prompt Corrective Action (PCA) framework after it found the bank was not in breach of any parameters.
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RBI introduces prompt corrective action framework for NBFCs
Updated : 4 years, 3 months ago IST
Mumbai (India), December 14 (ANI): The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs).
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RBI removes Indian Overseas Bank from PCA framework
Updated : 4 years, 5 months ago IST
New Delhi [India], September 29 (ANI): The Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA) framework, subject to certain conditions and continuous monitoring.
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RBI issues corrective framework for PSBs
Updated : 7 years, 12 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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PCA framework not intended to constrain normal banking operations, says RB
Updated : 8 years, 2 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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RBI's tightening of prompt corrective action framework positive for b
Updated : 8 years, 6 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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