Pca Banks
We're looking to hire 1,700 bankers this year: Central Bank of India MD
Rao says he doesn't foresee much flight of CASA money into term deposits as deposit rates are hiked
 "We're looking to hire 1,700 bankers this year: Central Bank of India MD")
Goodbye shadow banking
Bad loans in some NBFCs will definitely rise but no one should complain. They are no longer shadow banks
 "Goodbye shadow banking")
Prompt corrective action: A clear framework to help NBFCs remain in shape
There are about 10,000 NBFCs registered with the RBI, but only a few that can potentially face these PCA restrictions
 "Prompt corrective action: A clear framework to help NBFCs remain in shape")
RBI introduces tough PCA framework for large NBFCs, effective October 2022
PCA will be activated for large NBFCs once their capital adequacy falls by 300 bps, or net NPA ratio rises above 6%
PSBs may get capital support in Q4 to meet regulatory requirements
The capital position of banks will be reviewed in the next quarter for infusion requirement
 "PSBs may get capital support in Q4 to meet regulatory requirements")
Hopeful to come out of PCA framework very soon, says UCO Bank MD
The government in the last round had infused Rs 14,500 crore of equity in Central Bank of India, Indian Overseas Bank, Bank of India, and UCO Bank
 "Hopeful to come out of PCA framework very soon, says UCO Bank MD")
IDBI Bank, out of PCA, faces tightrope act between growth and reducing NPAs
Deck clears for government's stake sale; improvement in lender's finances key to invoke investor interest
 "IDBI Bank, out of PCA, faces tightrope act between growth and reducing NPAs")
RBI takes IDBI Bank out of PCA framework after lender improves finances
IDBI Bank has been under the PCA framework since 2017 because of the deterioration in its health
 "RBI takes IDBI Bank out of PCA framework after lender improves finances")
Efforts to cut bad loans to come out of PCA framework: Indian Overseas Bank
IOB, which is under the Reserve Bank of India's PCA framework, had last posted profit in June 2016
 "Efforts to cut bad loans to come out of PCA framework: Indian Overseas Bank")
Maha Bank to increase lending to corporates, lends Rs 1,500 cr in Apr-May
The bank's credit portfolio grew by 1.52 per cent to Rs 94,889 crore in March, 2020
 "Maha Bank to increase lending to corporates, lends Rs 1,500 cr in Apr-May")
No call on Lakshmi Vilas Bank-Indiabulls merger made yet: RBI Governor
Das explained placing a lender under PCA framework is normal with lot of precedents
 "No call on Lakshmi Vilas Bank-Indiabulls merger made yet: RBI Governor")
Most banks, including PCAs, meet mandatory priority sector lending for MSME
The officials also said all these steps have been taken jointly by the government and the regulators after an extensive and continuous consultation process
 "Most banks, including PCAs, meet mandatory priority sector lending for MSME")
