RBI moves Corporation Bank and Allahabad Bank out of PCA framework

Based on the principles adopted by the BFS in its earlier meeting on January 31, it was decided in the meeting held on Tuesday that Allahabad Bank and Corporation Bank be taken out of the PCA framework, subject to certain conditions and continuous monitoring.

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