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.

Almost 80% of all bank accounts in India and 60% of all mobile phones have been linked to Aadhaar by now. The deadline to link them expires on March 31, 2018. BusinessToday.in Editor Rajeev Dubey explains his take on today's The Good, The Bad and The Ugly.

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.

With growing stress in balance sheets of stressed companies and that of large banks, role of Asset Reconstruction Companies (ARCs)- envisaged as an institutional response to tackle growing NPAs-  have come into sharper focus.

The government had on October 24 unveiled a Rs 2.11 lakh crore two-year roadmap for strengthening NPA-hit public sector banks. The plans includes re-capitalisation bonds, budgetary support, and equity dilution.

As part of the Reserve Bank of India's corrective action, the bank can no longer issue fresh loans as well as distribution of dividends. Now the bank has decided to manage costs by shutting down some of its ATMs, though the company claims it would be done in such a way that customers are not inconvenienced. 

The rating upgrade of India's sovereign rating by Moody's has flared up financial markets. But it's not time yet to cheer. Here's why.

Most of the new capital will go down the drain as more than half a dozen PSBs are under the preventive corrective action (PCA) of the Reserve Bank of India.

In the last policy in August, it cut the repo rate, the rate at which banks borrows from RBI, by 25 basis points to 6 per cent. Six reasons why RBI should keep a status quo in the current policy.

Will the commercial banks follow the example of the central bank and slash their lending rates or carry on as they were? Here's a look.

The Central Bank of India has become the fifth public sector bank (PSB) to come under the Reserve Bank of India's Prompt Corrective Action (PCA).

The Central Bank of India is the fifth bank in the past couple of months that the RBI has imposed Prompt Corrective Action (PCA) on. IDBI Bank, Indian Overseas Bank, UCO Bank and Dena Bank are the other four panks who have been placed under the PCA.

The triggering of PCA means there will be several restrictions imposed on the banks which may also be followed by implications that need to be watched out for.

The Reserve Bank of India (RBI) is likely to put a hold on United Bank of India's branch expansion on the back of rising bad loans even as the state-run lender posted a Rs 74 crore net profit in the fourth quarter.

Many Public Sector Banks (PSBs) that have made headlines over their falling financials have now caught the eye of the Reserve Bank of India.

If global history is any indication, it is high time for India to think out of the box or borrow tested global models. Many experts feel that setting up a bad bank will be a bold and radical idea.

Within a week of promising to issue new guidelines to resolve bad loans problem, Reserve Bank today issued a new set of enabling provisions under the label of revised prompt corrective action (PCA) framework.