Directorate General of Civil Aviation (DGCA) earlier announced to extend the restrictions on SpiceJet, allowing the airline to operate 50 percent of its departure until 29 October 2022.
The Central Bank of India has provided a written commitment that it would comply with the norms of Minimum Regulatory Capital, Net NPA, and Leverage ratio on an ongoing basis. The bank was put under the PCA framework in June 2017 due to its low return on assets and high net non-performing assets (NPAs).