PCa

Privatisation of banks: Has the government taken a U-turn in the case of IDBI Bank?

Privatisation of banks: Has the government taken a U-turn in the case of IDBI Bank?

Finance Minister Nirmala Sitharaman had in her Budget speech in 2021 said that other than IDBI Bank, the governemnt proposes to take up t...Read More

Indian Overseas Bank, Central Bank of India and UCO Bank may come out of RBI's PCA after Finance Ministry infuses Rs 14,500 crore

Indian Overseas Bank, Central Bank of India and UCO Bank may come out of RBI's PCA after Finance Ministry infuses Rs 14,500 crore

The finance ministry is likely to infuse Rs 14,500 crore mainly in the banks that are under the RBI's prompt corrective action framework ...Read More

RBI, government look to iron out issues ahead of meeting

RBI, government look to iron out issues ahead of meeting

New Delhi: The government and Reserve Bank of India (RBI) seem to be veering around to reach an agreeable solution particularly with resp...Read More

All Bank hopes to come out of PCA in 2020

All Bank hopes to come out of PCA in 2020

Kolkata: State-owned lender Allahabad Bank is targeting to come out of the prompt corrective action (PCA), imposed on it by the Reserve B...Read More

PCA framework not intended to constrain normal banking operations, says RBI

PCA framework not intended to constrain normal banking operations, says RBI

New Delhi: The Reserve Bank of India (RBI) on Friday clarified that the Prompt Corrective Action (PCA) framework is not intended to const...Read More

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RBI suggests disposing of ailing PSU banks

Calling for quick and decisive action, RBI deputy governor Viral Acharya suggested a slew of measures like approaching the capital market...Read More

RBI initiates PCA against IDBI Bank

RBI initiates PCA against IDBI Bank

Mumbai, State-owned lender IDBI Bank on Tuesday evening said that Reserve Bank of India (RBI) has initiated a “prompt corrective action” ...Read More

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Revised PCA framework positive for banks: Icra

Mumbai : Domestic rating agency Icra on Wednesday welcomed the Reserve Bank’s recent revision in the prompt corrective action (PCA) frame...Read More

RBI comes out with new  PCA framework for banks

RBI comes out with new PCA framework for banks

The mandatory action that would be taken when a bank breaches the risk threshold includes restriction on dividend payment/remittance of p...Read More

‘Sword celebration is  trademark of Rajputs’

‘Sword celebration is trademark of Rajputs’

Mohali : Indian all-rounder Ravindra Jadeja on Monday yet again got the opportunity to perform his traditional celebration of bat brandis...Read More

Accused Italian marine returns home from India

Accused Italian marine returns home from India

Rome: An Italian marine accused of killing two fishermen in India has returned home pending a ruling on where he should be tried in a lon...Read More

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Good tactics by India to prepare a turning wicket: SA spin coach

Mohali : South African batsmen may have criticised the pitch on offer during the ongoing first Test at the PCA Stadium, but the visiting ...Read More

India seek redemption under Virat Kohli

India seek redemption under Virat Kohli

Mohali : Outwitted in both the T20 and the ODI cricket series, India will seek redemption in the Test format by trying to spin a web arou...Read More

Personalised Meds On Way For Cancer

Personalised Meds On Way For Cancer

Kolkata : Paving the way for personalised medicine, Indian scientists have identified for the first time various genetic alterations foun...Read More

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