Which of the following Statements is/are True?
I- PCA is a framework under which banks with weak financial metrics are put under watch by the RBI.
II- The RBI introduced the PCA framework in 2002.
III- It aims to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector.
PCA is a framework under which banks with weak financial metrics are put under watch by the RBI. The RBI introduced the PCA framework in 2002 as a structured early-intervention mechanism for banks that become undercapitalised due to poor asset quality, or vulnerable due to loss of profitability. It aims to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector.
After a gap of how many years the bus service from Champawat district in Uttarakhand has been started off to Nepal?
Which city is known as the 'Big Apple'?
Purchase of goods on credit will increase the debt-equity ratio
Central Depository Services Limited is promoted by which of the following:
Pandit Shivkumar Sharma is associated with which musical instrument?
Where is the headquarters of National Film Archives of India (NFAI) located?
UNESCO World Conference on Tourism and Culture was recently organized in:
Price earnings (PE) ratio shows how much an investor is willing to pay for each rupee of the earnings given the actual market price
What is the financial outlay approved by the Union Cabinet for the continuation of PM-AASHA schemes until 2025-26?
Which sector contributed the highest percentage of India’s Index of Industrial Production (IIP) in July 2024?