Tag: CRILC

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

akhilsharma 2 months ago in Technology 0

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 Monitoring2. Early Detection of Financial Stress3. Helps Reduce Non-Performing Assets4. Improve Lending Website URL: https://surepass.io/blog/what-is-crilc/