RBI Lifted up the restrictions on BoI, Bank of Maharashtra, Oriental Bank of Commerce.
The Reserve Bank of India eased out the operational curbs on three banks, Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC) and also allowed them to have an exit from the Prompt Corrective Action ( PCA) framework fully.
Points to be Noted:

i. The restrictions have been lifted after these banks provided a written commitment that they would comply with the norms of minimum regulatory capital, net NPAs(Non-performing Assets) and leverage ratio on an ongoing basis and apprised the RBI of the structural and systemic improvements they have put in place. 
ii. These three banks were part of 11 government-owned banks that were put under the Prompt Corrective Action framework in 2017 and 2018. And the government gave a capital infusion of Rs 10,000 crore for Bank of India, Rs 5,500 crore for Oriental Bank of Commerce and Rs 4,500 crore for Bank of Maharashtra, which helped the banks to come out of the framework.

iii. BoM was put under PCA in June 2017 after its net NPA rose to 11.76%: It reported a loss of Rs 1,372 crore in FY17, and return on assets declined to -1.09%. OBC was put under PCA in October 2017 after it reported a net loss of Rs 1,094 crore in FY17 and gross NPA rose to 8.9%. BoI was put under PCA in December 2017 after its net NPA rose to 6.90% and return on assets slipped to -0.24%. 
iv. Based on the norms of minimum regulatory capital, net NPAs(Non-performing Assets) and leverage ratio and marked improvements in asset quality, RBI eased out the curbs and is allowed to open branches and extend loans freely.