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Asian Journal of Research in Banking and Finance
Year : 2017, Volume : 7, Issue : 10
First page : ( 30) Last page : ( 34)
Online ISSN : 2249-7323.
Article DOI : 10.5958/2249-7323.2017.00116.X

Prompt Corrective Action (PCA) for Management of NPAs-Genesis & Implications

Dr. Jog Abhinav D.

abhinav.jog@indiraisbs.ac.in

Online published on 11 October, 2017.

Abstract

This paper traces the genesis and implications of the prompt corrective action (PCA) initiated by Reserve Bank of India (RBI) to curb the burgeoning level of Non-Performing Assets (NPAs). It also highlights the assessment of the measure by industry experts.

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Keywords

Non-Performing Assets (NPAs), Prompt Corrective Action (PCA), capital to risk weighted assets ratio (CRAR).

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