IOB, IDBI, BoI & UBI may be first in line of RBI fire under new PCA

The revised PCA, released last week by the Reserve Bank invests a lot of powers on the regulator to supersede the troubled banks.

Source: IOB, IDBI, BoI & UBI may be first in line of RBI fire under new PCA

 

 

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One thought on “IOB, IDBI, BoI & UBI may be first in line of RBI fire under new PCA

  1. Rbi has already imposed Sanctions on IDBI to not to open new branches under its PCA framework as its gross NPA has arisen to to over 2255 cr in dec 2016… And Indian overseas bank has the highest NPA among public sector bank so it could be the first public sector bank whih could be penalised under PCA norms..

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