Banks’ Gross NPAs May Rise To 9.5% In Severe Stress Scenario By September 2022
RBI has said that gross NPAs of banks may rise under worst case scenarioGross non performing assets (GNPAs) of banks may rise from 6.9 per cent in September 2021 to…
RBI Issues Prompt Corrective Action Norms For NBFCs
RBI has issued prompt corrective action framework for NBFCsA month after it had come out with the revised prompt corrective action (PCA) framework for scheduled commercial banks, the Reserve Bank…
RBI Revises Prompt Corrective Action Framework For Commercial Banks, To Be Effective From January 1, 2022
RBI has revised the prompt corrective action framework for banksReserve Bank of India has revised the existing prompt corrective action (PCA) framework for scheduled commercial banks, which will be applicable…