Page-2 of Central Bank of India Current Affairs, GK & News

Relaxation of Norms under PCA Framework

It is said that the finance ministry and the Reserve Bank of India are working on providing some relaxation on the prompt corrective action (PCA) framework for stressed banks. Prompt Corrective Action (PCA) Framework Prompt Corrective Action (PCA) framework has been issued by the RBI to maintain the sound financial health of banks. The RBI will initiate ..

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Rajeev Rishi appointed as Chairman and MD of Central Bank of India

The Central Government has appointed Rajeev Rishi, Executive Director, Indian Bank has been appointed as the Chairman and Managing Director, Central Bank of India. He will have a tenure of five years from the date of taking over charge. Prior to his appointment as Chairman & Managing Director of Central Bank of India Shri Rishi was the Executive Director of  Indian ..

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