prompt corrective action

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.

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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