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The Reserve Bank of India Introduced the Prompt Corrective Action Framework ... - Latest Tweet by IANS India
The latest Tweet by IANS India states, 'The Reserve Bank of India introduced the prompt corrective action framework for non-banking financial companies , and it will come into effect from October 1, 2022, based on the financial position of NBFCs on or after March 31, 2022.'
The Reserve Bank of India (#RBI) introduced the prompt corrective action (PCA) framework for non-banking financial companies (#NBFCs), and it will come into effect from October 1, 2022, based on the financial position of NBFCs on or after March 31, 2022. pic.twitter.com/9CnbIU0stj— IANS Tweets (@ians_india) December 14, 2021
(The above story first appeared on LatestLY on Dec 14, 2021 08:16 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).