News digest: RBI board meeting, earnings growth, MF industry, and more

As per sources, the RBI may be willing to bring some PSBs out of PCA but is unlikely to accept the government's demand on NBFCs

RBI may blink on PCA, not on NBFC window in today's board meeting

The Reserve Bank of India (RBI) may agree to bring some public sector banks (PSBs) out of the prompt corrective action framework (PCA), but it is not likely to accede to the government’s demand to set up a special refinance window for non-banking financial companies (NBFCs) at the board meeting of the central bank on Monday, sources said. Read more

Zee may divest 20% in OTT biz; eyes music, gaming segments to take on Jio

Zee Entertainment Enterprises might spin off its over-the-top (OTT) entertainment streaming channel,