Question

Against which of the following bank RBI has started prompt corrective action recently?

Q: Answer-Against which of the following bank RBI has started prompt corrective action recently?

The Reserve Bank of India RBI clarified that prompt corrective action PCA is aimed at improving banks health, and asked the public to continue their banking relations with lenders placed under PCA. So far, IDBI Bank, UCO Bank and Dena Bank have been placed under PCA because of high net non-performing assets NPA and negative return on assets. The RBI had revised the PCA framework on 13 April 2017.