RBI Extends PCA Framework to Government NBFCs
11
Oct
RBI Extends PCA Framework to Government NBFCs Subject: Economy Section: Monetary Policy Context: The Reserve Bank of India (RBI) has extended the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs) to government NBFCs starting from October 1, 2024. Background: The PCA Framework for NBFCs was introduced by the RBI on December […]