RBI removes PCA restrictions on UCO Bank

RBI removes PCA restrictions on UCO Bank

RBI removes PCA restrictions on UCO BankSep 8, 2021, 07:17 PM IST

The Reserve Bank of India, in a short press release, said that the decision was taken in a review by the central bank's internal Board of Financial Supervision. The bank had been under PCA since May 2017.

Bombay HC adjourns Deepak Kochhar’s plea of quashing of prosecution complaintSep 8, 2021, 07:03 PM IST

Before the adjournment, lawyers for Kochhar informed the court that the Special PMLA (Prevention of Money Laundering Act) court had listed the matter for framing of charges on October 1, and hence there is an urgency in the matter.

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