RBI has Taken IDBI Bank out of PCA Framework

Current Context: The Reserve Bank of India (RBI) has taken out IDBI Bank from the Prompt Corrective Action (PCA) framework as enhanced regulatory supervision by RBI.

• In May 2017, RBI had inducted IDBI Bank into PCA because of increased risk-weighted assets.
• The IDBI was taken out of the framework after 4 years because of its improved financial performance. IDBI Bank is owned by the Life Insurance Corporation of India.
• Upon coming out of the PCA framework, the IDBI bank has given a written commitment to RBI that it will comply with all the norms of minimum regulatory capital, bad assets and leverage ratio on an ongoing basis.
• Also, IDBI bank has made structural and systemic improvements that will help the bank to meet the requirements of norms.
• Static Part: 
• HQ of RBI and Industrial Development Bank of India (IDBI) Bank: Mumbai
• Tagline of IDBI Bank: Banking for All, Aao Sochein Bada

Question: 

Q.1 Recently which of the following bank was taken out of PCA Framework by RBI?
a. Indian Overseas Bank
b. IDBI Bank
c. UCO Bank
d. Central Bank of India