Consider the following statements about the RBI's PCA framework for Urban Co-operative Banks (UCBs):
- The PCA framework is applicable to UCBs with deposits above ₹100 crore.
- The framework targets capital and profitability risk thresholds.
- The PCA provisions will be effective from April 1, 2024.
Which of the above statements is/are correct?
1
Only 1
2
Only 1 and 2
3
Only 2 and 3
4
Only 1 and 3
5
All 1, 2, and 3