Thursday, October 29, 2020

BANKING

Five banks – Central Bank of India, IDBI Bank, Indian Overseas Bank, Uco Bank and Lakshmi Vilas Bank – are now under the RBI prompt corrective action (PCA) framework that brings in multiple restrictions aimed at conserving capital of banks and better their loss-absorption capacity.

from Banking/Finance-Industry-Economic Times https://ift.tt/3jFMTkj
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