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Govt in talks with RBI to let RRBs tap credit depository to help prune NPAs

The Centre is thinking of allowing RRBs to invest in perpetual debt instruments issued by other banks, including RRBs

Topics
RBI | Regional Rural Banks

Nikunj Ohri  |  New Delhi 



Photo: Bloomberg
Photo: Bloomberg

The Centre is in talks with the Reserve Bank of India (RBI) to let (RRBs) tap its Central Repository of Information of Large Credit (CRILC), a move that’s seen helping such lenders reduce their non-performing assets by accessing details on borrowers.

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First Published: Sun, June 26 2022. 20:34 IST

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