TMI BlogOther banks to be out of PCA framework soon, says FMX X X X Extracts X X X X X X X X Extracts X X X X ..... Other banks to be out of PCA framework soon, says FM - Budget Dated:- 1-2-2019 - News - New Delhi, Feb 1 (PTI) A day after three PSU banks were removed from Prompt Corrective Action (PCA) framewor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... k of the RBI, Finance Minister Piyush Goyal Friday expressed hope that other remaining 8 lenders will be out of the list soon. Various steps taken by the government has helped the banks significant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly and as a result three banks -- Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC) -- are out of the PCA framework, he said while presenting the Interim Budget for 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 19-20. The RBI Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs). Eight public sector banks -- Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank, U ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CO Bank, Central Bank of India, Indian Overseas Bank and Dena Bank -- still remain under PCA framework, which imposes lending restrictions and prevents them from expanding, among other curbs. The w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay improvement are taking place in the banking sector, he said, remaining banks would be out of the PCA framework. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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