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RBI removes Corporation Bank from PCA Framework

27 Feb 2019 Evaluate

The Reserve Bank of India (RBI) has decided to take out Corporation Bank out of Prompt Corrective Action (PCA) Framework subject to certain conditions and continuous monitoring.

Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906.

Peers
Company Name CMP
State Bank Of India 961.70
PNB 116.10
Bank Of Baroda 230.00
Canara Bank 118.60
Union Bank Of India 172.00
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