RBI kick-starts process to set up PCR for capturing details of borrowers

The PCR will also include data from entities like market regulator Sebi, the corporate affairs ministry, Goods and Service Tax Network (GSTN) and the Insolvency and Bankruptcy Board of India (IBBI) to enable the banks and financial institutions to get 360 degree profile of existing and prospective borrowers on a real-time basis.

from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2OtSr20

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