RBI:
RBI has introduced a revised Prompt Corrective Action (PCA) Framework for Primary (Urban) Co-operative Banks (UCBs), replacing the previous Supervisory Action Framework (SAF). Effective from April 1, 2025, this new framework will apply to UCBs in Tier 2, Tier 3, and Tier 4 categories, focusing on Capital, Asset Quality, and Profitability indicators such as CRAR, Net NPA Ratio, and net profit.[ Notification No. RBI/2024-25/55 DOS.CO.PPG.SEC.No.8/11.01.005/2024-25 Dated: 26th July, 2024]
