Corrective Action
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Oriental Bank Under RBI's 'Corrective Action' Over Bad Loans
Oriental Bank is the seventh state-run lender to be put under a corrective action plan, which requires a bank to enact curbs on hiring, branch expansion and taking on new loans.
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UCO Bank Says RBI Begins "Corrective Action" Over High Bad Loans
Under RBI rules, prompt corrective action is triggered if a bank's net NPL ratio crosses 6 percent.
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Bank of Maharashtra, 2 Other State-Run Lenders Taken Off RBI Watchlist
A RBI panel has removed Bank of India, Oriental Bank of Commerce and Bank of Maharashtra from its prompt corrective action plan list.
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RBI Revises Prompt Corrective Action Framework For Commercial Banks, To Be Effective From January 1, 2022
Reserve Bank of India has revised the existing prompt corrective action framework for commercial banks, which will be applicable from January 1, 2022
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RBI Issues Prompt Corrective Action Norms For NBFCs
The PCA framework for NBFCs will come into effect on October 1, 2022, based on their financial positions on or after March 31, 2022
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RBI Lifts Prompt Corrective Action Restrictions On Central Bank Of India
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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At Least Two Banks Taken Off Of RBI's "Corrective Action" List: Report
RBI's board for financial supervision took the decision at its meeting after reviewing December quarter performance of all banks on the PCA list, the report said.
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RBI Takes Three Banks Off Corrective Action List
The three banks are state-controlled Allahabad Bank and Corporation Bank and privately held Dhanlaxmi Bank.
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Delhi Health Minister Addresses Concerns At GTB Hospital Amid Sanitation Allegations
After visiting GTB Hospital, Bharadwaj said in a post on X that "instructions were issued to the health secretary" to take appropriate action against the culprits.
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RBI Lifts Prompt Corrective Action Restrictions On Central Bank Of India
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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Smaller NBFCs, Microlenders May Be Most Impacted By RBI's New Corrective Framework
The new framework may pose a challenge for smaller NBFCs which fall in the middle layer, and microfinance companies.
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RBI Puts In Place Prompt Corrective Action Framework For NBFCs
RBI to put weak NBFCs under prompt corrective action framework starting October 2022.
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RBI Issues Prompt Corrective Action Norms For NBFCs
The PCA framework for NBFCs will come into effect on October 1, 2022, based on their financial positions on or after March 31, 2022
-
RBI Revises Prompt Corrective Action Framework For Commercial Banks, To Be Effective From January 1, 2022
Reserve Bank of India has revised the existing prompt corrective action framework for commercial banks, which will be applicable from January 1, 2022
-
RBI Revises Prompt Corrective Action Framework For Banks
With slight modifications, the RBI introduces a new prompt corrective action framework for banks.
-
Oriental Bank Under RBI's 'Corrective Action' Over Bad Loans
Oriental Bank is the seventh state-run lender to be put under a corrective action plan, which requires a bank to enact curbs on hiring, branch expansion and taking on new loans.
-
UCO Bank Says RBI Begins "Corrective Action" Over High Bad Loans
Under RBI rules, prompt corrective action is triggered if a bank's net NPL ratio crosses 6 percent.
-
Bank of Maharashtra, 2 Other State-Run Lenders Taken Off RBI Watchlist
A RBI panel has removed Bank of India, Oriental Bank of Commerce and Bank of Maharashtra from its prompt corrective action plan list.
-
RBI Revises Prompt Corrective Action Framework For Commercial Banks, To Be Effective From January 1, 2022
Reserve Bank of India has revised the existing prompt corrective action framework for commercial banks, which will be applicable from January 1, 2022
-
RBI Issues Prompt Corrective Action Norms For NBFCs
The PCA framework for NBFCs will come into effect on October 1, 2022, based on their financial positions on or after March 31, 2022
-
RBI Lifts Prompt Corrective Action Restrictions On Central Bank Of India
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.
-
At Least Two Banks Taken Off Of RBI's "Corrective Action" List: Report
RBI's board for financial supervision took the decision at its meeting after reviewing December quarter performance of all banks on the PCA list, the report said.
-
RBI Takes Three Banks Off Corrective Action List
The three banks are state-controlled Allahabad Bank and Corporation Bank and privately held Dhanlaxmi Bank.
-
Delhi Health Minister Addresses Concerns At GTB Hospital Amid Sanitation Allegations
After visiting GTB Hospital, Bharadwaj said in a post on X that "instructions were issued to the health secretary" to take appropriate action against the culprits.
-
RBI Lifts Prompt Corrective Action Restrictions On Central Bank Of India
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.
-
Smaller NBFCs, Microlenders May Be Most Impacted By RBI's New Corrective Framework
The new framework may pose a challenge for smaller NBFCs which fall in the middle layer, and microfinance companies.
-
RBI Puts In Place Prompt Corrective Action Framework For NBFCs
RBI to put weak NBFCs under prompt corrective action framework starting October 2022.
-
RBI Issues Prompt Corrective Action Norms For NBFCs
The PCA framework for NBFCs will come into effect on October 1, 2022, based on their financial positions on or after March 31, 2022
-
RBI Revises Prompt Corrective Action Framework For Commercial Banks, To Be Effective From January 1, 2022
Reserve Bank of India has revised the existing prompt corrective action framework for commercial banks, which will be applicable from January 1, 2022
-
RBI Revises Prompt Corrective Action Framework For Banks
With slight modifications, the RBI introduces a new prompt corrective action framework for banks.
