Saturday, February 2, 2019

Is there another change in the prompt corrective action framework?

Is there another change in the prompt corrective action framework? While Oriental Bank of Commerce has been removed from PCA, RBI has clarified that the government has infused sufficient capital in the entity, bringing net NPA to less than 6 percent.

from Moneycontrol Business News http://bit.ly/2TqtFTr

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FII exodus deepens in 2026 at Rs 1.75 lakh crore as April outflows swell to Rs 43,967 crore; FOMC next trigger

Foreign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April's outflows to Rs 43,967 crore...