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You Searched For "Prompt Corrective Action"
RBI extends PCA supervisory norms to govt-owned NBFCs
Prompt Corrective Action (PCA) Framework effective from Oct 2024
'IDBI Bank has a positive RoA for last 4 quarters'
IDBI Bank was placed under Prompt Corrective Action (PCA) by RBI in May 2017
IDBI still under PCA despite making profits
The good news is that the state-owned IDBI Bank has been registering profits for past couple of quarters in a row.