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Fund infusion into PSBs not sufficient to support lending growth:...

Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019.

27 Feb 2019 7:33 AM GMT

The initiative will enhance the financial performance of the commercial banks, and will assist them to cope with RBIs prompt corrective action (PCA) plan. (Photo: Linkedin)

CARE Ratings to government: From where will you get the recap funds...

The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.

21 Feb 2019 11:49 AM GMT

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI initiates prompt corrective action against Lakshmi Vilas Bank

PCA is aimed at improving the performance of the bank and will not have any adverse impact on the day-to-day operations

28 Sep 2019 10:10 AM GMT

Banks under RBI watch to hasten recovery: Piyush Goyal

Under the PCA, banks face restrictions on distributing dividends and remitting profits.

17 May 2018 7:15 PM GMT

Finance Ministry

PCA: Finance Ministry to review steps taken by banks

Under the PCA, banks face restrictions on distributing dividends and remitting profits.

17 May 2018 3:43 AM GMT

As on date, 11 PSBs have already been placed under PCA, resulting in deceleration in their loan book growth.

NBFCs to capture mart

Don't see more banks coming under RBI corrective action: FinMin.

12 Jun 2018 1:31 AM GMT

Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asias third-biggest economy.

Large banks may absorb weak ones under RBI lens

Of 21 PSBs, 11 are under prompt corrective action framework of the Reserve Bank of India.

31 Aug 2018 3:23 AM GMT

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

IDBI Bank on RBI's radar for bad loans

RBI may also impose restrictions on the bank on borrowings from interbank market.

10 May 2017 8:31 AM GMT

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI initiates PCA against BoM as NPA mounts

For the year ended March 2017, the net non-performing assets (NPAs) of the bank rose to 11.76 per cent.

17 Jun 2017 1:21 PM GMT

In July 2015, the high court banned the use of Victoria carriages in Mumbai.

AWBI pushes for horse rehab plan

Demands plan to save horses that haul Victoria carriages despite High Court ban.

4 Dec 2016 1:25 AM GMT