{"id":109956,"date":"2021-03-11T10:45:56","date_gmt":"2021-03-11T10:45:56","guid":{"rendered":"https:\/\/www.edristi.in\/?p=109956"},"modified":"2021-03-11T10:45:57","modified_gmt":"2021-03-11T10:45:57","slug":"idbi-bank-removed-from-pca-framework","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/idbi-bank-removed-from-pca-framework\/","title":{"rendered":"IDBI Bank removed from PCA framework"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: which entity is owner of IDBI bank?<\/strong><br>a) Reliance<br>b) Government of India<br>c) LIC<br>d) None of the above<br><strong>Ans : c)<br>Context<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The Reserve Bank of India (RBI) has removed IDBI Bank from the Prompt Corrective Action (PCA) framework on 10th march 2021.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Central bank had put the IDBI Bank under the PCA framework in May 2017 because of the bank\u2019s high non-performing assets(NPA). Bank had breached the thresholds for capital adequacy, leverage ratio, asset quality and return on assets.<\/li><li>The net NPAs were more than 13% in the month of March 2017.<\/li><li>By the end of December 31, 2020, it was noted that the bank was reporting a net profit of \u20b9378 crores in that quarter and hence was not in breach of PCA parameters on regulatory capital, leverage ratio and net NPA.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Prompt Corrective Action (PCA) Framework<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It is a framework under which the banks with weak financial metrics are kept under regulation by the central bank. The framework was introduced in 2002 by the RBI.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By kameshwar shukla<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Reference: <\/strong><a href=\"https:\/\/www.freepressjournal.in\/business\/rbi-takes-lic-owned-idbi-bank-out-of-pca-framework\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.freepressjournal.in\/business\/rbi-takes-lic-owned-idbi-bank-out-of-pca-framework<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: which entity is owner of IDBI bank?a) Relianceb) Government of Indiac) LICd) None of the aboveAns : c)Context The Reserve Bank of India (RBI) has removed IDBI Bank from the Prompt Corrective Action (PCA) framework on 10th march 2021. Facts Central bank had put the IDBI Bank under the PCA framework in May 2017 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":109957,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-109956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/109956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=109956"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/109956\/revisions"}],"predecessor-version":[{"id":109958,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/109956\/revisions\/109958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/109957"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=109956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=109956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=109956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}