2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Axis Bank
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Lakshmi Vilas Bank
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Karnataka Bank
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Dhanlaxmi Bank
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Detailed explanation-1: -It was noted that as per the assessed figures of the bank for the year ended March 31, 2022, the bank is not in the breach of the PCA parameters.
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: -pca: RBI takes state-owned lender Central Bank of India out of PCA framework - The Economic Times.
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.
Detailed explanation-5: -For Prelims: RBI, NPA, Financial Stability and Development Council, Scheduled Commercial Banks, Return of Assets.