New Delhi, Feb 1 (PTI) A day after three PSU banks were removed from Prompt Corrective Action (PCA) framework of the RBI, Finance Minister Piyush Goyal Friday expressed hope that other remaining 8 lenders will be out of the list soon.

Various steps taken by the government has helped the banks significantly and as a result three banks -- Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC) -- are out of the PCA framework, he said while presenting the Interim Budget for 2019-20.

The RBI Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).

Eight public sector banks -- Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank, UCO Bank, Central Bank of India, Indian Overseas Bank and Dena Bank -- still remain under PCA framework, which imposes lending restrictions and prevents them from expanding, among other curbs.

The way improvement are taking place in the banking sector, he said, remaining banks would be out of the PCA framework.

Prompt Corrective Action: several public sector banks removed from restrictions, with remaining lenders expected to exit framework soon. Removal of lending curbs under the Prompt Corrective Action framework was announced for a subset of public sector banks, ending PCA-imposed restrictions on lending and expansion for those institutions. The statement indicates remaining public sector lenders continue to be subject to PCA constraints but are expected to exit the framework as banking sector improvements attributed to recent government measures continue.