Page 3 - Prompt Corrective Action
Exit from prompt corrective action not enough to boost BoI, OBC, BoM stocks
BoI and BoM managed to reduce their net NPA ratios from seven -10 per cent a quarter ago to less than six per cent in Q3, while that of OBC's fell from 10.1 per cent to 7.2 per cent during the period
 "Exit from prompt corrective action not enough to boost BoI, OBC, BoM stocks")
No early exit for banks under PCA till FY20 despite fresh capital: Icra
Icra expects further capital infusion of Rs 135 billion in PCA banks during FY19 with capital infusion of Rs 119 billion till now
 "No early exit for banks under PCA till FY20 despite fresh capital: Icra")
PCA banks remain on edge even as solvency position improves slightly
The composite solvency ratio for these lenders remains above 100, indicating that their net worth would be wiped out completely if they had to provide for bad loans
 "PCA banks remain on edge even as solvency position improves slightly")
Prompt corrective action or slow destruction?
Let's nurse the weak banks back to health while teaching them not to make the same mistakes
 "Prompt corrective action or slow destruction?")
Banks and issue of stressed assets: Why prompt corrective action is a must
Without appropriate supervisory constraints in place, such banks are in a position to delay the recognition of losses
 "Banks and issue of stressed assets: Why prompt corrective action is a must")
Five PSBs on brink of being put under RBI's prompt corrective action plan
Canara, Union Bank, PNB among possible candidates; may lead to recall of Rs 157-bn AT-1 bonds
 "Five PSBs on brink of being put under RBI's prompt corrective action plan")
Status check: RBI's prompt corrective action framework
Here is a status check on how they performed in the past two quarters ended on September 2017
 "Status check: RBI's prompt corrective action framework")
