- PCA is a regulatory framework applied to banks. - It is implemented by the Reserve Bank of India (RBI). - It is triggered by specific financial metrics falling below certain thresholds (e.g., capital adequacy, asset quality, profitability). - It involves imposing restrictions on banks to improve their financial health.
PCA stands for
Asked in WBPSC CS Prelims 2019 · Topic: Money & Banking (Banking Sector Reforms: Basel Norms, Asset Quality Review (AQR), and NPA Management)
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