Sunday, March 21, 2021

Post exit from PCA framework, IDBI Bank to focus on improving efficiency ratios, says MD

Post exit from PCA framework, IDBI Bank to focus on improving efficiency ratios, says MD On March 10, the Reserve Bank of India (RBI) removed the LIC-controlled bank from its prompt corrective action (PCA) framework, which was imposed in May 2017, after it had breached certain regulatory thresholds, including capital adequacy, asset quality and profitability.

from Moneycontrol Business News https://ift.tt/3tDFGH1

No comments:

Post a Comment

Paras Defence shares soar 10% as Q2 net profit jumps 50% to Rs 14 crore

Paras Defence and Space Technologies shares surged following strong September quarter results, with net profit jumping 50% and revenue climb...