alexa
Indianmoney.com Missed Call Number
 
Home News RBI tightens rules for regulatory action on banks

Read more interesting news from around the globe with Indianmoney App

Google Play
 
RBI tightens rules for regulatory action on banks

RBI tightens rules for regulatory action on banks

Friday, April 14, 2017, 5:57 PM

The RBI has tightened the rules that trigger regulatory action on lenders when they fall short of capital or exceed bad loan limits. Under the revised rules, as many as 16 banks could face RBI intervention if their December quarter numbers are considered. RBI’s so-called prompt corrective action framework, banks are assessed on three parameters: capital ratios, asset quality, and profitability.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!