This bank business has been restricted by the Reserve Bank of India fo – InterviewSolution

InterviewSolution

1.	This bank business has been restricted by the Reserve Bank of India for continuous erosion of net worth and huge NPAs.
Answer» Public sector lender Uco Bank is facing business restrictions from Reserve Bank of India (RBI) following mounting losses, continuous erosion of net worth and huge NPAs. It has become the second ender to face business restrictions after IDBI Bankfollowing RBI's revision of its PCA framework.

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