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Total 20 results found. Search for [ RBI prompt corrective action list ]

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February 1, 2019
The RBI Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).

February 1, 2019

January 31, 2019
In the case of Oriental Bank of Commerce, the net NPA has come down to less than 6 per cent as the government has infused sufficient capital, RBI said.

January 31, 2019

January 20, 2019

December 31, 2018
The midcap stock rose up to 2.19% to 105.20 in trade today. Interestingly, the stock has gained 24% in the last one month- the maximum rise for any Indian lender during the period.

Anilesh S Mahajan
December 12, 2018
Most economists expect corrections in the implementation of farmer oriented schemes; this includes working out farm debt waivers and improvement in procurement methods.

November 28, 2018
A majority of the 18-member board, now stacked with government nominees, intends to press for reduced curbs on lending and governance changes that would give the board more say

November 19, 2018
PNB Housing Finance was trading 0.89% lower, Indiabulls Housing Finance dipped 2.32%, Dewan Housing Finance rose 2.86%, Mahindra & Mahindra Financial Services fell by 0.74 per cent, Ujjivan Financial Services declined 0.22 per cent and Shriram Transport Finance softened by 0.85% on the BSE.

Mudit Kapoor
New Delhi, November 2, 2018
Till now 12 banks are under the purview of PCA framework. 11 are public sector banks (PSB) and one is a private bank. Seven out of 12 banks have shown improvement after coming under the RBI's PCA list.

New Delhi, September 7, 2018
As many as 23 banks, public and private alike, may face penalties with retrospective effect if they are unable to ensure eight Aadhaar enrolments or updations per branch per day from November

Anand Adhikari
New Delhi, August 6, 2018
It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the act.

New Delhi, July 5, 2018
Life Insurance Corporation's talks to acquire the ailing IDBI Bank amounts to throwing good money after bad. The nation's largest insurer has decided to acquire a majority stake in the hugely loss-making IDBI Bank, possibly under government pressure. Watch this video where Editor Rajeev Dubey explains why LIC's decision to buy majority stake in IDBI Bank is not a wise choice.

Rajeev Dubey
New Delhi, July 17, 2018
IDBI Bank will be a burden on LIC. Out of its total outstanding loans of Rs 1.99 lakh crore, it has already recognised gross NPAs worth Rs 55,588 crore while it has also provisioned for bad loans worth Rs 26,902 crore.

June 23, 2018
On Friday, IDBI Bank's stock surged 6 per cent intra- day after it was reported that the government was planning to sell its 40-43 per cent stake to LIC.
New Delhi, May 18, 2018
Trump attacks China over US trade deficit  US President Donald Trump today hit out at China for \"fleecing\" his country with hundreds of billions of dollars every year, even as high-level delegations from the two countries were holding intense negotiations in Washington over a series of trade disputes between them.\"China has taken our hundreds of billions of dollars a year from the United States. And I explained to (Chinese) President Xi (Jinping), we can't do that anymor...

Mail Today Bureau
May 18, 2018
Finance Minister Piyush Goyal on Thursday assured all possible help from the government to strengthen the 11 public sector banks that have been placed under the RBI's 'Prompt Corrective Action' framework to check their deteriorating financial health.

New Delhi, April 9, 2018
The PCA framework, which was revised in April 2017, is one of the RBI's supervisory tools, which involves monitoring various bank performance indicators as an early warning exercise.
March 5, 2018
Having posted mounting losses during the last three years, 11 out of the 21 public-sector banks (PSBs) have already been placed under the Prompt Corrective Action (PCA) framework by the Reserve Bank of India.

Rajeev Dubey
April 8, 2015
Corporate India's borrowings have more than doubled in the past four years. Its debt woes in the midst of a slowing domestic economy have far-reaching consequences.