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As of now, there are 11 banks in India under the Prompt Corrective Action framework: Allahabad Bank. United Bank of India. Corporation Bank. IDBI Bank. UCO Bank. Bank of India. Central Bank of India. Indian Overseas Bank.
The Prompt Corrective Action (PCA) framework is a supervisory tool used by the RBI to ensure that banks maintain adequate capital levels, asset quality, and profitability ratios to sustain their operations and protect depositors funds.
The purpose of prompt corrective action is to resolve the problems of federally insured credit unions at the least possible long-term loss to the National Credit Union Share Insurance Fund. This is an external link to a website belonging to another federal agency, private organization, or commercial entity.
1831o, Prompt Corrective Action (PCA), restricts or prohibits certain activities for all insured depository institutions (IDIs) and establishes a framework of supervisory actions for IDIs that are not Adequately Capitalized.
Prompt Corrective Action (PCA) for Government NBFCs IndicatorRisk Threshold-1Risk Threshold-2 CRAR
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