Pca Framework

Bank of Baroda pips PNB to become largest nationalised lender after merger with Dena, Vijaya Bank

Bank of Baroda, the second largest public sector lender after State Bank of India (SBI), now has over 9,500 branches, 13,400 ATMs, and 85,000 employees to serve 12 crore customers.

Bank of Baroda is now third largest lender as Dena, Vijaya Bank merger take effect from 1 April

State-run Bank of Baroda is catapulting itself for a larger play in the system with the merger of Dena Bank and Vijaya Bank with itself from Monday.

ICRA upgrades outlook on PNB, Bank of India, two other lenders; govt's capital infusion key driver of improvement

The stable outlook factors in ICRA's expectations of reduced asset quality pressure, improving solvency levels and expectations of improved earnings indicators in 2019-20, it said.

IDBI Bank charts yet another revival strategy to bring banking, insurance under one roof

In January LIC had completed the process of picking up a controlling 51 percent stake in the nearly crippled IDBI Bank

Arun Jaitley hopes more banks will exit RBI's PCA framework with govt funding support

Finance Minister Arun Jaitley on Thursday assured government funding support to public sector banks and hoped that the 6 lenders which remain under the RBI's prompt corrective action framework will soon come out of it

Corporation Bank, Allahabad Bank, Dhanlaxmi Bank shares jump up to 10% as RBI lifts lending curbs

Shares of Corporation Bank, Allahabad Bank and Dhanlaxmi Bank rose sharply by up to 10.10 percent Wednesday after the RBI lifted lending curbs on these lenders by removing them from its weak-bank watchlist

Allahabad, Corporation, Dhanlaxmi Bank out of RBI's prompt corrective action framework

The RBI on Tuesday lifted lending curbs on two more public sector banks (PSBs), Allahabad Bank and Corporation Bank, by removing them from its weak-bank watch list

Finance ministry expects three to four more lenders to come out of Reserve Bank's PCA framework this year

The recent capital infusion of Rs 48,239 crore in 12 PSBs will help Corporation Bank and Allahabad Bank to come out of the PCA framework in the next few weeks

RBI lifts lending curbs on Bank of India, Bank of Maharashtra, Oriental Bank of Commerce; move to expand loan growth

Eight public sector banks—Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank, UCO Bank, Central Bank of India, Indian Overseas Bank and Dena Bank—still remain under PCA framework,

Piyush Goyal asks state-run banks to step up lending to MSMEs, agri, housing sectors

Assuring full support to public sector lenders (PSBs), Piyush Goyal said bankers have also got confidence from the amendment in the Prevention of Corruption Act that bonafide actions are protected by the law.