RBI) has TAKEN off Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from the Prompt Corrective Action (PCA) framework allowing them to RESUME their normal lending activities. The BOARD for Financial Supervision (BFS) met to review the PERFORMANCE of banks under PCA and noted that the government has infused fresh capital into various banks including some of the banks currently under the PCA framework.

"> RBI) has TAKEN off Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from the Prompt Corrective Action (PCA) framework allowing them to RESUME their normal lending activities. The BOARD for Financial Supervision (BFS) met to review the PERFORMANCE of banks under PCA and noted that the government has infused fresh capital into various banks including some of the banks currently under the PCA framework.

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How many banks are removed from the Prompt Corrective Action (PCA) framework by the Reserve Bank of India?

Current Affairs Banking in Current Affairs 1 year ago

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The Reserve Bank of India (RBI) has TAKEN off Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from the Prompt Corrective Action (PCA) framework allowing them to RESUME their normal lending activities. The BOARD for Financial Supervision (BFS) met to review the PERFORMANCE of banks under PCA and noted that the government has infused fresh capital into various banks including some of the banks currently under the PCA framework.

Posted on 08 Jul 2024, this text provides information on Current Affairs related to Banking in Current Affairs. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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