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 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 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...

"Wait and watch": Bengal Governor promises 'effective, corrective action' against violence

Jun 16, 2023

Notably, the nomination process for the upcoming panchayat elections in West Bengal has been marred by ongoing violence.

Karnataka CM Bommai says has taken BJP's loss in home district Hangal seriously

Nov 02, 2021

Mandya (Karnataka) [India], November 2 : Karnataka Chief Minister Basavaraj Bommai on Tuesday said that he has taken the Bharatiya Janata Party's defeat in...