RBI introduces prompt corrective action framework for NBFCs

Dec 14, 2021

Mumbai (India), December 14 : The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies...

RBI removes Indian Overseas Bank from PCA framework

Sep 29, 2021

New Delhi [India], September 29 : The Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA)...

RBI lifts prompt corrective action restrictions on Central Bank of India

Sep 21, 2022

Mumbai (Maharashtra) [India], September 21 : The Reserve Bank of India has removed the Central Bank of India from the Prompt Corrective Action (PCA)...

RBI unveils new corrective action framework for Urban Co-operative Banks

Jul 26, 2024

For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory action framework as an early intervention...

Oman Foreign Ministry official visits Indian embassy, offers condolences over passing away of Indian

Jul 20, 2024

India's Ambassador to Oman, Amit Narang, appreciated Muslahi's visit and Omani authorities' prompt action and support.

Uttarakhand CM Dhami directs Civil Aviation Department to bring back students stranded in Manipur

May 08, 2023

In this sequence, the Civil Aviation Department is taking prompt action to bring back these 15 students from Imphal.