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Prompt Corrective Action (PCA) of RBI on Public Sector Banks (PSBs)

News and Press Release - Dated:- 16-3-2018 - Reserve Bank of India (RBI) has issued a Prompt Corrective Action (PCA) framework to maintain sound financial health of banks. It facilitates banks in breach of risk thresholds for identified areas of moni .....

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anks to eschew certain riskier activities, improve operational efficiency and focus on conserving capital to strengthen them. The framework is not intended to constrain the performance of normal operations of the banks for the general public. RBI has .....

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