reserve bank of india, RBI, Public Credit Registry

RBI has started making a ‘Public Register of Credit’ of borrowers, the information will be available on digital platform.

The Reserve Bank has taken steps to establish a Digital Public Credit Register (PCR) to provide details of all the individuals and entities borrowing in one place. There will be information about pending legal matters related to irregularities in the names of those who do not return the loan and irregularities in repaying the loan. […]

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