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    HomeNewsOpinionRBI’s bank-like PCA framework for bigger co-op banks is good news for depositors

    RBI’s bank-like PCA framework for bigger co-op banks is good news for depositors

    In terms of financial health, most of these banks have been walking on a thin rope. These banks needed more effective monitoring of financials and early recognition of stress, which is what the new PCA framework will do.

    Dinesh Unnikrishnan
    July 30, 2024 / 08:37 IST
    RBI's latest PCA norms for cooperative banks are seen as a major step
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