RBI says no to easing of PCA rules yet; board discusses liquidity crunch, NPA issue

The board of the Reserve Bank of India (RBI) is learnt to have discussed the issue of relaxing the so-called prompt corrective action (PCA) framework in a much-watched meeting on Tuesday, but no relief on this front was approved.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2q6luyz