Splet14. dec. 2024 · The Reserve Bank of India (RBI) on Tuesday introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs), putting … Splet20. sep. 2024 · RBI had placed 11 state-run banks – Allahabad Bank, United Bank, Corporation Bank, IDBI Bank, Uco Bank, Bank of India, Central Bank of India, Indian …
11 public sector banks placed under RBI’s PCA Framework
Splet02. nov. 2024 · RBI said the PCA framework would apply to all banks operating in India including foreign banks operating through branches or subsidiaries based on breach of … Splet20. sep. 2024 · The bank regulator had three state-owned banks under its PCA framework. Indian Overseas Bank and UCO Bank were removed from the watchlist in 2024. armani 401
RBI’s Revised PCA framework- Things to Know - GKToday
Splet01. jan. 2024 · The framework will apply to all banks operating in India, including foreign banks operating through branches or subsidiaries based on breach of risk thresholds of identified indicators. – A bank will generally be placed under PCA framework based on the Audited Annual Financial Results and the ongoing Supervisory Assessment made by RBI. SpletThe Prompt Corrective Action (PCA) framework was introduced by the RBI in 2002 as a structured early-intervention mechanism for banks that have become undercapitalized or … Splet05. nov. 2024 · The RBI has issued a revised Prompt Corrective Action (PCA) framework for banks to enable supervisory intervention at “appropriate time” and also act as a tool for … armani 4029