RBI issues revised PCA framework for banks
The Hindu
‘Asset quality, capital key areas of watch’
The RBI on Tuesday issued a revised Prompt Corrective Action (PCA) framework for banks to enable supervisory intervention at “appropriate time” and also act as a tool for effective market discipline.
Capital, asset quality and leverage will be the key areas for monitoring in the revised framework, the banking regulator said.
The revised PCA framework will be effective from January 1, 2022.
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