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RBI Panel Examines the Financial Performance of 11 PSBs

December 10, 2018

RBI Panel Examines the Financial Performance of 11 PSBs

11 Public Sector Banks (PSBs) that were put under the Prompt Corrective Action (PCA) framework by the government due to their poor financial performance were re-examined by the central bank’s Board for Financial Supervision under the governance of Urjit Patel. 

RBI’s central board is scheduled for a meeting on December 14 during which the panel will share its recommendations, it is believed.

Photo credit: kenteegardin on Visual Hunt / CC BY-SA

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