Which of the following is NOT true about the RBI's Prompt Corrective Action (PCA) framework for UCBs?
1
It replaces the Supervisory Action Framework (SAF).
2
It applies to UCBs with deposits above ₹100 crore.
3
Tier 1 UCBs are included in the PCA framework.
4
Invocation norms include net NPAs above 6% but below 9%.
5
The revised framework provides flexibility for entity-specific supervisory action plans.