Tuesday, February 2, 2021

3 PSU banks likely to be out of PCA framework by March: DFS Secretary

Indian Overseas Bank, Central Bank of India and UCO Bank are currently under this framework which puts several restrictions on them, including on lending, management compensation and directors' fees.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/3-psu-banks-likely-to-be-out-of-pca-framework-by-march-dfs-secretary/articleshow/80653126.cms

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