The PCA framework had restricted public sector banks to lend and thereby led to a lower focus from them on deposit mobilization.
12 Mar 2019 1:59 AM
The RBI on Tuesday removed the three banks from its Prompt Corrective Action (PCA) framework.
27 Feb 2019 12:27 PM
The RBI on Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).
02 Feb 2019 10:28 AM
Government is urgently seeking extra funds to finance populist measures like financial aid to farmers.
10 Jan 2019 5:07 PM
The overall capital infusion into state-run banks during FY15-FY19 stands at Rs 2.56 trillion.
08 Jan 2019 5:05 PM
The differences came out in the open when Deputy Governor Acharya, in a hard-hitting speech in October.
01 Jan 2019 10:52 AM
Of the 7 state-owned banks, Bank of India may get the highest amount of Rs 10,086 crore.
28 Dec 2018 11:21 AM
The infusion is also expected to help four-to-five banks to pull out from the PCA framework and also help loan growth.
25 Dec 2018 10:25 AM
The total recapitalisation in the current fiscal from Rs 65,000 crore to Rs 1.06 lakh crore.
20 Dec 2018 4:45 PM
India's banking system continues to factor in its relatively weak governance and transparency.
17 Dec 2018 3:55 PM
RBI board also reviewed the current economic situation, both global and domestic challenges.
14 Dec 2018 4:26 PM
The 18-member RBI board will also deliberate on relaxation of prompt corrective action norms.
14 Dec 2018 12:01 PM
The government wants the RBI to liberalise the PCA framework so that more banks are able to lend liberally.
12 Dec 2018 5:52 PM
PM Modi is keen to stimulate the economy and is looking for the RBI to allow easier lending policies.
28 Nov 2018 3:46 PM
Committee has been deliberating on the note ban issue for almost two years after its announcement on Nov 8, 2016.
27 Nov 2018 10:27 AM
The government for the second year in a row has pegged fiscal deficit at 3.3 per cent of GDP this fiscal year.
26 Nov 2018 4:12 PM
RBI to aid small businesses and give bankers more time to step up capital norms to encourage lending and stimulate the economy.
24 Nov 2018 1:32 PM
Banks, which have been part of recent mergers, will also receive capital from the govt
21 Nov 2018 11:24 AM
The membership and terms of reference of the panel will be jointly determined by the govt and the RBI.
20 Nov 2018 3:46 PM
Nine-hour-long marathon meeting ends on a ‘cordial note’.
20 Nov 2018 10:10 AM