Business Standard

Allahabad Bank gets placed under Prompt Corrective Action Framework

Image

Capital Market

By Reserve Bank of India

Allahabad Bank announced that the Reserve Bank of India vide its letter dated 02 January 2018 has placed the Bank under Prompt Corrective Action Framework, consequent to the onsite inspection under the Risk Based Supervision Model carried out for the year ended March 2017.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 04 2018 | 8:57 AM IST

Explore News