All posts tagged "PCA"
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553Capital RegulationFormer RBI Governor Speaks Out on Central Bank Autonomy
Former central bank governor YV Reddy says there is no doubt the government has a claim over the RBI's reserves, but questions how it is exercising its claim.
February 11, 2019 -
403Capital Regulation
RBI Removes Three State Run Banks from PCA Framework
India’s central bank has removed the Bank of India, Bank of Maharashtra and Oriental Bank of Commerce from lending restrictions under its prompt corrective action framework.
February 1, 2019 -
364Capital Regulation
India Seeks Parliamentary Approval to Infuse More Capital into Banks
The government plans to pump $11.8 billion into public sector banks to raise them out of the RBI's PCA framework and increase the banking system's lending capacity.
December 21, 2018 -
472Big PictureIndian Government Could Undermine Banking Sector Reforms – S&P
Restrictions on the RBI's authority to reform governance of public sector banks are seen as a weakness in its mandate and could undermine financial stability, says S&P Global Ratings.
December 18, 2018 -
369India
RBI Governor Resigns Before Term-End, Citing ‘Personal Reasons’
Urjit Patel has resigned from his post as governor of the RBI, citing personal reasons, soon after a public dispute erupted between the central bank and the government.
December 11, 2018 -
342Capital RegulationIndia to Merge Three State Banks to Consolidate Weak Balance Sheets
India has begun the process to merge Dena Bank, Vijaya Bank and Bank of Baroda in a bid to support their weak balance sheets and consolidate the state-run banking sector.
September 19, 2018 -
360Capital RegulationFive Indian State-Run Banks to Receive Additional Capital Infusion
Indian government will infuse $1.6bn in additional capital into five state-run banks that have been struggling to meet capital adequacy ratios due to higher than expected losses from bad loans.
July 19, 2018 -
260Capital Regulation
RBI Report Paints Gloomy Picture for India’s Banking Sector
Stress tests indicate NPA ratios at Indian banks to fall to lowest level since year 2000; Public sector banks to be hit the hardest, with six expected to experience capital shortfall.
July 2, 2018 -
367Capital RegulationUPDATED – RBI Freezes Lending, Hiring at Indian Banks Amid Rising NPAs
Central bank imposes lending and hiring freeze on Dena Bank, a public sector bank that reported a four-fold increase in gross NPAs and negative ROA for the quarter ending March 2018.
May 14, 2018
