Question
What is CRILC
?Solution
In 2014 RBI has set up the CRILC to collect, store and disseminate data on all borrowers' credit exposures including Special Mention Accounts having aggregate fund-based and non-fund based exposure of Rs.50 million and above. The Central Repository of Information on Large Credits (CRILC) has proved to be an important tool for effective off-site supervision
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