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prompt corrective action

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Reserve Bank of India RBI building,sansad marg;17/09/2012;photo:pradeep gaur/mint(File Photo)

In a bid to boost economy, 3 banks taken off RBI watchlist

Press Trust of India | By Press Trust of India
UPDATED ON JAN 31, 2019 10:31 PM IST
Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC) are now out of the Prompt Corrective Action (PCA) Framework, a move that will help expand loan growth to prop up economy.
DENA BANK(HT Photo)
DENA BANK(HT Photo)

RBI puts Dena Bank under prompt corrective action, bars from giving fresh credit

Press Trust of India, New Delhi | By Press Trust of India, New Delhi
UPDATED ON MAY 12, 2018 12:41 PM IST
Dena bank on Friday reported widening of its net loss to Rs 1,225.42 crore in the March quarter on mounting bad loans and higher provisioning to cover them.
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