RBI’s prompt corrective action plan: queue to check out of Hotel California is slowly forming

Some lenders have shown improvement in strengthening their balance sheet, but others still lag

Mark to Market

Dena Bank will be the first lender to exit the prompt corrective action (PCA) list, the banking regulator’s intensive care unit. But this exit is through death, as the lender would cease to exist as an entity after April, when its merger with Bank of...

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