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What is PCA framework and when does it kick in?The RBI had introduced the prompt corrective action framework to monitor the health of banks and place restrictions. In 2021, it said it would also bring NBFCs under PCA. Let’s understand what PCA is
The RBI had introduced the prompt corrective action framework to monitor the health of banks and place restrictions. In 2021, it said it would also bring NBFCs under PCA. Let’s understand what PCA is
By :Raghu Mohan