RBI extends PCA framework to government-owned NBFCs from October 2024

The Reserve Bank Tuesday said it has been decided to extend the Prompt Corrective Action (PCA) framework for NBFCs to Government owned NBFCs (except those in Base Layer) with effect from October 1, 2024, based on the audited financials as on March 31, 2024, or thereafter

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.