Question
Name the bank which has been recently put by RBI under
Corrective Action Framework (PCA).Solution
Banking regulator RBI has put Bank of India under Prompt Corrective Action (PCA) framework. This is due to weak financial profile: very high Non-Performing Asset (NPA) of 12.62%, insufficient Common Equity Tier 1 (CET1) capital and negative Return on Asset (RoA). How does it affect the bank? Now the bank will face restriction on lending, enhance effort for recovery of loans and sale non-core assets. Â BOI is a Public Sector Bank (PSB) with government stake of 75.1%.
Justice Revati Mohite Dere was sworn in as the first woman Chief Justice of which High Court?Â
Who won the Belgian Grand Prix after George Russell's disqualification?
- Which Indian state became the top recipient of Foreign Direct Investment (FDI) in FY25?
In which river will India’s first solar-powered boat be launched?
Which entity recently launched the second international banking centre in Chennai to cater to the financial needs of global Indians?
Who won the Prime Minister election in Mauritius on November 11, 2024?
Which state recently joined the Ayushman Bharat PM-JAY scheme?
- Which central agency approved the River Cities Alliance (RCA) master plan?
Government has advanced the target of 20% ethanol blending in petrol from earlier 2030 to ______.
REC Limited has signed an agreement with which organization to aid in the education of approximately 75,500 children in the Siddharthnagar, UP?
