Q15. Consider the following statements when PCA is triggered: 1. RBI h

1.	Q15. Consider the following statements when PCA is triggered: 1. RBI has set trigger points on the basis of CRAR (a metric to measure balance sheet strength), NPA and ROA. 2. Under PCA, Banks will also have to launch a special drive to reduce the stock of NPAs and contain generation of fresh NPAs. Which of the above statements are correct?
Answer» Q15. Consider the following statements when PCA is triggered: 1. RBI has set trigger points on the basis of CRAR (a metric to measure balance sheet strength), NPA and ROA. 2. Under PCA, Banks will also have to launch a special drive to reduce the stock of NPAs and contain generation of fresh NPAs. Which of the above statements are correct?

Q15. Consider the following statements when PCA is triggered: 1. RBI has set trigger points on the basis of CRAR (a metric to measure balance sheet strength), NPA and ROA. 2. Under PCA, Banks will also have to launch a special drive to reduce the stock of NPAs and contain generation of fresh NPAs. Which of the above statements are correct?

Answer»

Q15. Consider the following statements when PCA is triggered:

1. RBI has set trigger points on the basis of CRAR (a metric to measure balance sheet strength), NPA and ROA.

2. Under PCA, Banks will also have to launch a special drive to reduce the stock of NPAs and contain generation of fresh NPAs.

Which of the above statements are correct?