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Video: What is Reserve Bank's Prompt Corrective Action?

Video: What is Reserve Bank's Prompt Corrective Action?

BusinessToday.In
BusinessToday.In
  • ,
  • Mar 5, 2018,
  • Updated Mar 6, 2018, 9:15 AM IST

Having posted mounting losses during the last 3 years, 11 out of the 21 public-sector banks have already been placed under the Prompt Corrective Action (PCA) framework by the Reserve Bank of India. Watch BusinessToday.in video to find out what PCA is.

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