Question
What does ‘R’ in CRILC stand for?
Solution
RBI has constituted a Central Repository of Information on Large Credits (CRILC) to collect, store, and publish data on all borrowers’ credit exposures. 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
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Match List – I and List – II and select the correct answer by using the code given below the list.
