You Searched For "pca" and got 18 results
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2 mins read
IDBI Bank strives to come out of RBI PCA framework this fiscal: MD
"Your Bank is cautiously optimistic of an early exit from the PCA framework in FY2020-21 as it bui…
PTI
3 mins read
An end to the spat between the RBI and the government could be in sight as the board of the central bank prepares to meet next week
After initially refusing to loosen restrictions under the framework, it appears that the RBI m…
2 mins read
Efforts of banks under PCA frameworks are being monitored: RBI Governor
Last year in August, the government announced the consolidation of ten public sector banks (PSBs) i…
PTI
3 mins read
India’s small businesses could escape their short term financing issues
Piyush Goyal, who has been given temporary charge of the finance ministry until Arun Jaitley recov…
2 mins read
IDBI to meet RBI this week; seeks to exit PCA framework
Mumbai, Jan 16 () LIC-owned IDBI Bank, currently under prompt corrective action since May 2017, is …
PTI
2 mins read
IDBI Bank likely to be out of PCA framework in fourth quarter
New Delhi, Dec 22 () LIC-controlled IDBI Bank expected to come out of the Prompt Corrective Action …
PTI
1 min read
UCO Bank aiming to come out of the RBI's PCA framework
Addressing analysts here last week, its managing director and chief executive Atul Kumar Goel said…
PTI
3 mins read
India’s government is doubling the amount of funds it had planned to infuse into the country’s state-owned banks in the remainder of the year
The government had originally earmarked an infusion of ₹650 billion into state-owned banks this …
3 mins read
India’s small businesses are suffering from a shortage of credit options
However, funding is harder to come by for this segment. As a result of a pileup in non-perfor…
3 mins read
Indian markets cheer government’s cash support for its ailing banks
Rather than dipping into its own pockets, the government will raise funds for the initiativ…
3 mins read
India’s government wants to dilute an important corrective programme for the nation’s struggling lenders — and the central bank is having none of it
The Reserve Bank of India (RBI) and the central government are in the midst of a very public confro…
1 min read
Indian Overseas Bank mulls FPO next fiscal
He said the Chennai-based lender is in the process ofimproving its performance in terms of controll…
PTI
3 mins read
Lakshmi Vilas Bank expects to return to profitability by end-FY21
In the December 2019 quarter, the Chennai-based bank has seen some improvement in asset quality wi…
PTI
2 mins read
A deaf-blind swimmer pulled out of the Olympics because her mother - who doubles as her caretaker - is not allowed to travel with her
Paralympian swimmer Becca Meyers won gold at Rio in 2016, but won't be competing in Tokyo because t…
Jackson Thompson
1 min read
Britney Spears Is Leaving 'X Factor' After 1 Season - Here's Today's Buzz
It looks like we won't be seeing anymore of Britney's trademark judging looks on next season's "X F…
Kirsten Acuna
1 min read
Clix Capital eyes stake in Lakshmi Vilas Bank
"In the event, the discussions between the contracting parties in relation to the proposed transact…
PTI
3 mins read
This country could be the next winner in the South China Sea
Because of similarities in the PCA's ruling, Vietnam would most likely win in a maritime row agains…
Amanda Macias
3 mins read
Allahabad Bank Q3 net loss widens over two-fold to Rs 1,986 cr on higher provisioning for dud loans
The divergence in provisioning was Rs 453 crore for 2018-19, which included Rs 193 crore towards p…