Page-3 of Bad Loans
RBI initiates steps to set up digital Public Credit Registry (PCR) to capture details of all borrowers
Reserve Bank of India (RBI) has initiated steps to set up wide-based digital Public Credit Registry (PCR) to capture loan information of individuals and corporate borrowers. In this regard, RBI has invited expression of interest (EOI) for developing PSC from ..
Month: Current Affairs - November, 2018
Public Credit Registry: New Information Repository to be set up by RBI
The Reserve Bank of India (RBI) has announced that it will set up a Public Credit Registry (PCR) as a repository of information regarding loan information of individuals and corporate borrowers. This decision has been taken as per recommendations of ..
Month: Current Affairs - June, 2018
RBI constitutes YH Malegam committee to monitor bad loans, rising cases of frauds, audits
Reserve Bank of India (RBI) has constituted an expert committee to look into the entire gamut of issues relating to classification of bad loans, effectiveness of audits and rising incidents of frauds. The committee will be headed by Y H ..