A bank is generally placed under the framework based on the audited annual financial results. However this does not bar RBI from imposing restrictions on any bank during the course of a year in extreme cases.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-spells-out-rules-for-a-bank-to-exit-prompt-corrective-action-framework/articleshow/87492012.cms
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