The Reserve Bank of India (RBI) on Friday said it keeps reviewing the position of public sector banks that are under its prompt corrective action (PCA) framework and will take a call on withdrawal only if it is a ''fit case'', the RBI Governor Shaktikanta Das said on Friday.

At present, there are 3 public sector lenders Indian Overseas Bank (IOB), UCO Bank and Central Bank of India that are under the RBI's PCA framework.  ''We keep on reviewing that position. As and when requests are received, we analyze them. If it meets our regulatory requirements, and if in our assessment, we feel confident that it's a fit case, the RBI will do the needful,'' RBI Governor said.

The prompt corrective action framework is a supervisory tool and is imposed when a bank breaches certain regulatory thresholds i.e, capital-to-risk weighted assets ratio (CRAR), net non-performing assets (NPA) and return on assets.

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