RBI tweaks norms for initiating prompt corrective action against banks

Earlier, a bank was liable to be identified for initiation of PCA under risk threshold 1, if it had a negative ROA for two consecutive years, under risk threshold 2 if its ROA was negative for three consecutive years, and under risk threshold 3 if the ROA was negative for four consecutive years.

from Banking & Finance – The Financial Express https://ift.tt/3bCqqDm