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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

Abhijit Lele
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