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Prompt Corrective Action
NCLT warns Jet Airways CoC of contempt proceedings
Further, the bench comprising Bhaskara Pantula Mohan and Rajesh Sharma directed the CoC to at least pay the amount by January 20, or the tribunal will initiate contempt proceedings against the defaulting members.
08 January 2020, 14:56 IST
NCLT warns Jet Airways CoC of contempt proceedings
08 January 2020, 14:56 IST
LVB independent director resigns citing personal reason
The resignation has come days after RBI initiated prompt corrective action against the private sector lender on September 28.
03 October 2019, 04:12 IST
LVB independent director resigns citing personal reason
03 October 2019, 04:12 IST
PMC's NPA default brings focus on health of lenders
Bad loan woes
29 September 2019, 16:44 IST
PMC's NPA default brings focus on health of lenders
29 September 2019, 16:44 IST
RBI initiates PCA against Lakshmi Vilas Bank
With this, Lakshmi Vilas Bank becomes the first private lender to come under RBI's PCA.
28 September 2019, 06:55 IST
RBI initiates PCA against Lakshmi Vilas Bank
28 September 2019, 06:55 IST
Bank mergers no silver bullet
Having fewer, bigger banks won’t solve the problem of poor-quality lending.
21 September 2018, 17:38 IST
Bank mergers no silver bullet
21 September 2018, 17:38 IST
Goyal promises help to 11 PSBs under RBI watch list
Finance Minister Piyush Goyal today promised all possible help to strengthen the 11 public sector banks placed under the 'Prompt Corrective Action' framework by the RBI to check their deteriorating financial health.
17 May 2018, 15:27 IST
Goyal promises help to 11 PSBs under RBI watch list
17 May 2018, 15:27 IST
