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

Dinesh Unnikrishnan • July 30, 2024 / 08:37 IST

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.

RBI's latest PCA norms for cooperative banks are seen as a major step

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