RBI Releases Three More Banks From PCA Framework Read more at: https://www.bloombergquint.com/business/rbi-releases-three-more-banks-from-pca-framework


The Reserve Bank of India has decided to eliminate Allahabad Bank, Corporation Bank and Dhanlaxmi Bank Ltd. from the list of banks included in its Rapid Corrective Action framework. The decision was made by the Financial Supervision Board that met on Tuesday. Since January, the regulator has freed six banks, including five public sector lenders, from the international corrective action framework.