lsquo Prompt Corrective Action rsquo often seen in the news is related to ........

Economic Affairs Types of Banks and Banking

Download Solution PDF

‘Prompt Corrective Action’ often seen in the news is related to

Banking Sector

Environment Conservation

Medium, Small and Micro enterprises

Skilling of Labour

छोटे Courses बड़े Results

Master Types of Banks and Banking

Prepare through Micro-courses

Try Now

Explanation:

Banking Sector

Prompt Corrective Action (PCA) is a framework followed by banking regulators to ensure that banks maintain adequate capital levels, manage their asset quality effectively, and adhere to regulatory requirements. PCA is primarily implemented by central banks or regulatory authorities to monitor and address the performance of banks that are weak or in financial distress.

Report error

Submit Error