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
 "RBI, Reserve Bank of India")
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A woman walks past the Reserve Bank of India (RBI) head office in Mumbai | Photo: Reuters
The Reserve Bank of India has put some banks under the Prompt Corrective Action (PCA) framework.The action would mean the banks would face restrictions on lending activity. Here is a status check on how they performed in the past two quarters ended on September 2017