The bank's net NPAs have declined to 10.11 per cent, from 16.7 per cent for the fourth quarter of the last fiscal. IDBI Bank's net loss in the fourth quarter ended March narrowed to ₹4,900 crore, compared with a loss of ₹5,660 crore in the same period a year-ago. The bank's provision for bad loans in the fourth quarter stood at ₹8,532 crore, compared with ₹10,545 crore in the year-ago quarter. The PCA framework imposes operational curbs on banks, especially prohibiting big-ticket advances to companies. IDBI Bank was acquired by state-run Life Insurance Corporation (LIC) with a 51 per cent stake in January 2019.

Source: Mint June 13, 2019 11:03 UTC