Govt Seeks Dilution Of PCA Rules

261 views · Published 22 October 2018 · 2:39 · Indexed 10 October 2026

Channel: CNBC-TV18 · 2018 · Sports

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Govt looks to ease liquidity crunch faced by NBFCs & Housing Fin Cos, asks RBI to dilute the Prompt Corrective Action rules. This after RBI Deputy Governor Viral Acharya had earlier defended PCA rules calling it a deterrent against bad loans. Latha Venkatesh reports.

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