Benefits of Central Repository of Information on Large Credits (CRILC)

CRILC full form is the Central Repository of Information on Large Credits. It collects, stores, and disseminates information about borrowers with large exposure. The RBI (Reserve Bank of India) maintains this database.

Benefits of Central Repository of Information on Large Credits (CRILC)

1. Credit Risk Monitoring
2. Early Detection of Financial Stress
3. Helps Reduce Non-Performing Assets
4. Improve Lending

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