"We are conscious," says Delhi HC Chief Justice amid judicial concerns

Mar 21, 2025

Advocate Bhardwaj emphasised the urgency of the matter, urging immediate corrective measures to prevent recurrence.

RBI partially relaxes remittance transaction restrictions on SBM Bank (India)

Feb 01, 2023

The RBI said the relaxation came after the bank initiated corrective actions and made a submission for relaxation of the restrictions.

RBI introduces prompt corrective action framework for NBFCs

Dec 14, 2021

Mumbai (India), December 14 : The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies...

Indian stock markets to remain in 'corrective to consolidation' phase for next 3 to 4 months: Motilal Oswal

Feb 22, 2025

Indian stock markets will remain in the 'corrective to consolidation' phase for the next 3 to 4 months, according to a report by Motilal...

"Wait and watch": Bengal Governor promises 'effective, corrective action' against violence

Jun 16, 2023

Notably, the nomination process for the upcoming panchayat elections in West Bengal has been marred by ongoing violence.

RBI unveils new corrective action framework for Urban Co-operative Banks

Jul 26, 2024

For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory action framework as an early intervention...