Kolkata: Public sector lender UCO Bank reported a 9.5% decrease in year-on-year net profit for the March quarter, totaling Rs 526 crore, primarily attributed to increased operating expenses, compared to the net profit of Rs 581 crore in the corresponding period last year.
RBI Introduces PCA framework for NBFCs, Effective Oct 2022 - The Reserve Bank of India on Tuesday introduced the prompt corrective action (PCA) framework for non-banking financial companies (NBFCs), and it...
The Reserve Bank of India on Tuesday introduced the prompt corrective action (PCA) framework for non-banking financial companies (NBFCs), and it will come into effect from October 1, 2022, based on the financial position of NBFCs on or after March 31, 2022.
The Reserve Bank of India on Tuesday introduced the prompt corrective action (PCA) framework for non-banking financial companies (NBFCs), and it will come into effect from October 1, 2022, based on the financial position of NBFCs on or after ...
The PCA framework for NBFCs will come into effect from October 1, 2022, based on the financial position of NBFCs on or after March 31, 2022, RBI stated.
The Reserve Bank of India on Tuesday introduced the prompt corrective action (PCA) framework for non-banking financial companies (NBFCs), and it will come into effect from October 1, 2022, based on the financial position of NBFCs on or after March 31, 2022.