How to make the FRDI bill more effective
The new Act should consider keeping its ripple effects on other laws to the minimum.
Met most conditions, to request RBI to take IDBI Bank out of PCA: Rakesh Sharma
This quarter we kept slippages at around Rs 2200 crore agains...
Jennifer Aniston gets nostalgic at 2019 PCA, calls 'Friends' gift of a lifetime
Aniston credited 'Friends' for her successful career.
Shaktikanta Das defends placing Lakshmi Vilas under PCA
Based on each trigger point, the banks have to follow a mandatory action plan.
Lakshmi Vilas Bank, Syndicate Bank plunge to 52-week low as RBI slaps heavy fines
There were no buyers for the stock and pending orders accumulated to about 3 lakh shares.
Lakshmi Vilas Bank plunges 5% as RBI puts lender under PCA framework
The lender said it is exploring various avenues for raising capital to shore up its CRAR.
Finance Ministry expects remaining four banks to be out of PCA framework this fiscal
Last week, the government announced consolidation of 10 public sector banks (PSBs) into four mega state-owned lenders.
Fresh capital may not help banks exit PCA immediately
They may also tend to use most of the new capital to expand lending instead of making loan provisions unlike what several other weak banks did earlier.
RBI’s curb on LVB may impact stock; Indiabulls Housing could face pressure, too
Over the last couple of years, the bank has steadily seen erosion in its market value.
Confident of coming out of RBI's PCA framework by March next year: UCO Bank CMD
"We are growing quarterly, and we have pledged to come out of the PCA framework," CMD said.
If you want to see capex revival in 2 years, RBI has to cut rates now: BofA-ML economist
Indranil Sengupta, Senior Economist, BofA-ML, said he is expecting a 35 bps rate cut.
Finance companies may face bank-like restrictions
RBI Gov Shaktikanta Das said that the days of ‘light touch’ regulation for NBFCs were over, indicating they will be subjected to the same rules as banks.
Expect to come out of PCA in second quarter: UBI MD
"We should be coming out of PCA by the second quarter of 2019-20. Things are happening the way we have strategised," Ashok Kr Pradhan, MD and CEO of UBI told .
Working to come out of PCA framework by Q2FY20: UBI chief Pradhan
After posting losses for seven consecutive quarters, UBI reported a net profit of Rs 95.18 crore in the last quarter of 2018-19.
PCA relief: Dhanlaxmi, Corporation, Allahabad Bank shares jump up to 10%
Shares of Dhanlaxmi Bank rose 10 per cent to hit a high of Rs 15.40 at the open.
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