Business RBI removes Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from PCA framework Updated : February 26, 2019 07:57 PM IST RBI will continuously monitor the performance of these banks under various parameters, said the release. With the removal of Allahabad Bank and Corporation Bank, six public sector undertaking (PSU) banks are still under the PCA framework. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.