Prompt Corrective Action (PCA) refers to the watch list of weak banks, by the Reserve Bank of India. The regulator imposes restrictions like curbs on lending among others, on such banks.
Delhi-based environmental organization "Legal Initiative for Forest and Environment (LIFE)" has been felicitated with the 2021 Right Livelihood Award, an international honour, also known as Sweden's alternative Nobel Prize.
According to the Union Finance Ministry' status report on India's external debt, India's External debt to GDP ratio increased marginally to 21.1% from 20.6% as of end-March 2020.
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