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RBI directs large co-op banks to report all exposures above Rs.5 crore

Reserve Bank of India (RBI) has directed large cooperative banks to report all aggregate exposures of Rs.5 crores and more to Central Repository of Information on Large Credits (CRILC). The move is aimed at early recognition of financial distress. Key Highlights Earlier in its bi-monthly monetary policy review in December 2019, the RBI had announced ..

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