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RBI has constituted a Central Repository of Information on Large Credits (CRILC) to collect, store, and publish data on all borrowers’ credit exposures. The CRILC was built in 2014 to help financial institutions and banks to assess their non-performing assets (NPAs) and also share this information with other institutions. Banks/Financial Institutions are expected to report findings to CRILC. Banks will have to provide credit information to CRILC about their borrowers with an aggregate fund-based and non- fund based exposure of and over Rs.5 Crores (Rs.50 million). Banks should also report the SMA status of their borrowers to the CRILC . As a way to impart knowledge about credit discipline, mainly regarding reduction in NPA level in banks, banks have been suggested to refer the information provided in CRILC instead of limiting the due carefulness to looking for NOC (No Objection Certificate) from the bank with whom the customer is availing credit facilities as per the presented declaration.
Find the appropriate ERROR
In the sentence identify the segment which contains the grammatical error.
I can swim very fast when I was only five.
Identify the segment that contains a grammatical error. If there is no error, select 'No error'.
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Find out the appropriate word.
Look at the shorter term, (A)/the interbank market rates (B)/suggest that the cycle will (C)/turn up again early next year (D).
