Wednesday, March 10, 2021

RBI removes PCA restrictions on IDBI Bank

IDBI Bank was placed under the so-called PCA framework in 2017 over its high bad loans and negative return on assets, at a time when Indian lenders battled record levels of soured assets, prompting the RBI to tighten thresholds.

from Banking/Finance-Industry-Economic Times https://ift.tt/3qA6Oor

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