In a significant regulatory move, the Reserve Bank of India (RBI) announced Tuesday that it will extend its Prompt Corrective Action (PCA) framework to government-owned Non-Banking Financial Companies ...

The Reserve Bank of Indiaon Friday issued a prompt corrective action framework for urban cooperative banks with an aim to enabling supervisory intervention at an appropriate time. The provisions of ...

The banking regulator has issued a framework of Prompt Corrective Action (PCA) to enhance oversight of Urban Co-operative Banks (UCBs). The provisions of the PCA Framework for UCBs will be effective ...

The Reserve Bank of India (RBI) has issued a prompt corrective action (PCA) framework for primary (urban) co-operative banks with a view to giving more focus on larger UCBs that require more intensive ...