Monday, June 14, 2021

Indian Overseas Bank urges RBI to pull the bank out of PCA framework

The bank reported Rs 831 crore of annual profit against Rs 8,527 crore loss in the preceding fiscal. ROA for the full year was 0.31% as against a negative 2.95% a year back.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-overseas-bank-urges-rbi-to-pull-the-bank-out-of-pca-framework/articleshow/83510953.cms

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