<h1>India Plans Public Credit Registry to Boost Transparency and Efficiency in Financial Sector Credit Assessments.</h1> India is taking initial steps to establish a Public Credit Registry (PCR) aimed at improving credit information and transparency within the financial sector. The PCR will serve as a comprehensive database of credit information accessible to stakeholders, enhancing the assessment of creditworthiness and financial inclusion. This initiative aligns with global practices to bolster the credit market's efficiency and reliability. The move is expected to streamline credit processes, reduce information asymmetry, and support regulatory oversight, ultimately fostering a more robust financial ecosystem in the country.