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Other banks to be out of PCA framework soon, says FM

Budget - Dated:- 1-2-2019 - New Delhi, Feb 1 (PTI) A day after three PSU banks were removed from Prompt Corrective Action (PCA) framework of the RBI, Finance Minister Piyush Goyal Friday expressed hope that other remaining 8 lenders will be out of th .....

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ndia, Indian Overseas Bank and Dena Bank - still remain under PCA framework, which imposes lending restrictions and prevents them from expanding, among other curbs. The way improvement are taking place in the banking sector, he said, remaining banks .....

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