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Bad loans: RBI finds fault with banks' reporting to CRILC

Bad loans: RBI finds fault with banks' reporting to CRILC

Tuesday, January 14, 2020, 10:55 AM

Around 24% of the sampled bad loan exposure from the credit monitoring repository had an investment grade rating just a quarter before they turned non-performing assets, data from the Reserve Bank of India (RBI) showed. The study raises questions about the quality of banks' reporting to the RBI-constituted Central Repository of Information on Large Credits (CRILC).
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