RBI’S MENU FOR CORRECTIVE ACTION
A combination of doses that might work
Directing special audit
Review of business model
Restructuring of operations
New management and board
Restrictions on managerial compensation
Restrictions on investment in subsidiaries
Sale of nonbanking assets
Avoiding high- risk assets and sectors
Reducing NPAs, improving recoveries
Avoiding unsecured loans
Restrictions on staff expansion
Raising of additional capital
Restrictions on dividend payouts