This bank set up Public Credit Registry to Curb Bad Loans recently. – InterviewSolution

InterviewSolution

1.	This bank set up Public Credit Registry to Curb Bad Loans recently.
Answer» RBI stated that a Public Credit Registry (PCR) will be set up containing information on all borrowers to ensure financial stability. Following a report by Yeshwant M Deosthalee headed High-Level Task Force, RBI stated it has considered the recommendations and decided to set up a PCR in a modular and phased manner.

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