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Detailed explanation-1: -Download The Economic Times News App to get Daily Market Updates & Live Business News. The Reserve Bank of India on Tuesday lifted the regulatory curbs from Central Bank of India, the only public sector lender under the restrictive prompt corrective action framework.

Detailed explanation-2: -RBI had placed 11 state-run banks – Allahabad Bank, United Bank, Corporation Bank, IDBI Bank, Uco Bank, Bank of India, Central Bank of India, Indian Overseas Bank, Oriental Bank of Commerce, Dena Bank and Bank of Maharashtra – under PCA framework after they breached the risk thresholds.

Detailed explanation-3: -RBI removes Central Bank of India from PCA framework after more than 5 yrs | Business Standard News.

Detailed explanation-4: -How many banks are in Prompt Corrective Action? As of January 2022, only the Indian Overseas Bank, and Central Bank of India are under the RBI’s Prompt Corrective Action framework.