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      Question

      A 'Large Defaulter' is defined by the RBI as a borrower

      who has defaulted on a loan of: 
      A ₹25 Lakh and above. Correct Answer Incorrect Answer
      B ₹50 Lakh and above. Correct Answer Incorrect Answer
      C ₹1 Crore and above. Correct Answer Incorrect Answer
      D ₹5 Crore and above. Correct Answer Incorrect Answer
      E ₹10 Crore and above. Correct Answer Incorrect Answer

      Solution

      Defaulters with an outstanding balance of ₹1 Crore and above (non-suit filed) or ₹1 Crore and above (suit filed) are reported to the RBI/Credit Information Companies.

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