PNB, Syndicate Bank & Union Bank of India may come under RBI's prompt corrective action (PCA). ET has reported that Reserve Bank of India imposes restrictions on these lenders in the next one month probably by this quarter (30th June). PCA involves...
Reserve Bank of India has put additional restriction on State Run Public Sector Bank Allahabad Bank in lending to risky assets and accepting high cost deposits. Allahabad Bank is already under RBIs prompt corrective action (PCA) due to higher NPA....
If believe on the recent reports by leading fiancial newspapers, there are few Public Sector Banks, which could be merged by end of this financial year or earlier. Finance Ministry has called all banks under PCA for review meeting and...
Dena Bank is Bank number elevan under prompt corrective action (PCA). Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank, UCO Bank, Bank of India, Central Bank of India, Indian Overseas Bank, Oriental Bank of Commerce and Bank of Maharashtra...
ICRA report on probable PSB's under PCA - Recall of Rs 157-bn AT-1 bonds may lead five Public Sector Banks under Reserve Bank of India's (RBI's) Prompt Corrective Action Plan (PCA). These five public sector banks are Canara Bank, Punjab National...
Another Public Sector Bank (PSB), Allahabad bank is put under Prompt Corrective Action (PCA) by Reserve Bank of India (RBI) as the banks shows the net NPAs (non performing assets) and negative ROA (return on assets) for two consecutive years fiscal 2016-17. For the...
Recently Reserve bank of India has brought many of Public Sector Banks under prompt correction action (PCA) like Bank of India, Corporation bank, United Bank of India, UCO bank, Indian overseas bank, IDBI banks, Central Bank of India and lot more....