Latest News on Prompt And Corrective Action
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Apr 03, 2019
Expect to come out of PCA framework in second quarter current financial year: United Bank of India MDPradhan said UBI is not growing due to lack of capital. Last year the bank got Rs 5000 crore which will help us to meet the regulatory requirements, Pradhan said
Mar 15, 2019
Allahabad Bank looking at raising capital next fiscal; weighs options to dilute stake in insurance JV, sell non-core assetsAllahabad Bank and others like Indian Overseas Bank, Karnataka Bank and Dabur which had formed the non-life insurance company Universal Sompo had already appointed a consultant for the valuation of the JV.