Due to high net NPA and negative RoA
IDBI Bank announced that the Reserve Bank of India on 05 May 2017 has initiated Prompt Corrective Action for IDBI Bank in view of high net NPA and negative RoA. This action will not have any material impact on the performance of the Bank and will contribute to improving the internal controls of the Bank and improvement in its activities.Powered by Capital Market - Live News
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