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Photo: Telegraph India

IDBI Bank No More Under RBI's PCA Framework After Improving Finances

The Reserve Bank of India (RBI) on March 10 stated that private lender IDBI Bank has been removed from its prompt corrective action (PCA) framework after four years. Reportedly, the IDBI's removal resulted from the bank's refined financial and credit profile, especially in regulatory capital, net non-performing assets, and leverage ratio. Besides enabling amplification of business, the freshly granted immunity may facilitate strategic… read-more

Thu, 11 Mar 2021 - 01:00 PM / by Ashly Ann Varghese

Tags: RBI, IDBI, private bank, PCA, NPAs, Government, Disinvestment

Courtesy: Business Standard

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Photo: HR Katha

BCCI Officials Inspect Venues Ahead Of Domestic Season

BCCI secretary Jay Shah and Treasurer Arun Dhumal have visited stadiums in Punjab and Chandigarh to review the preparations ahead of the upcoming domestic cricket season. Probably, Punjab and Haryana might co-host the matches. As per an official, the authorities have been contented with the venues. Earlier, BCCI has planned for a short domestic season in 2021. It further asked states to bid for conducting bio-bubbled the domestic seasons. … read-more

Wed, 02 Dec 2020 - 04:09 PM / by Sakshi Teresa Emmanuel

Tags: BCCI, UTCA, PCA, Arun Dhumal, Jay Shah, Ranji Trophy