The Reserve Bank (RBI) Removes Three PSBs From PCA Framework
The Allahabad Bank, Corporation Bank and Dhanlaxmi Bank Ltd has been removed from the Reserve Bank of India (RBI) Prompt Corrective Action framework. The Board...
Tag : Prompt Corrective action
Union Government To Infuse More Than Rs. 48,200 Crores In 12 PSBs
The government, on Wednesday, has announced to infuse Rs. 48,239 crores into 12 public sector banks in 2018-19 in order to help them meet capital...
RBI places Bank of India under Prompt Corrective Action
Reserve Bank of India (RBI) has put Bank of India under Prompt Corrective Action, due to bad asset quality performance. Bank of India stated, “This...