CRILC Current Affairs, GK & News
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 ..
Category: Economy & Banking Current Affairs
Topics: Central Repository of Information on Large Credits • co-operative Banks • CRILC • NBFC • RBI
The Reserve Bank of India (RBI) has shortlisted six major IT firms to set up a wide-based digital Public Credit Registry (PCR) for capturing details of all borrowers and wilful defaulters. The RBI will now seek request for proposal from the six vendors. Shortlisted IT Firms The firms shortlisted by the RBI are TCS, Wipro, IBM ..