https://www.taxtmi.com/news?id=18341 A Public Credit Registry (PCR) is proposed as a statutory, centrally managed database capturing loan-level data and borrower credit histories to support credit assessment, risk-based provisioning, supervisory early intervention, evaluation of monetary transmission, and effective restructuring. Existing systems (CRILC and BSR1) provide useful but partial data; linking them and incorporating corporate financial databases, plus adopting unique borrower identifiers (Aadhar, CIN), would enable a phased conversion into a PCR for scheduled commercial bank customers and subsequent expansion to other institutions. en-us Thu, 06 Jul 2017 18:49:13 +0530 Thu, 06 Jul 2017 18:49:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18341 A Public Credit Registry (PCR) is proposed as a statutory, centrally managed database capturing loan-level data and borrower credit histories to support credit assessment, risk-based provisioning, supervisory early intervention, evaluation of monetary transmission, and effective restructuring. Existing systems (CRILC and BSR1) provide useful but partial data; linking them and incorporating corporate financial databases, plus adopting unique borrower identifiers (Aadhar, CIN), would enable a phased conversion into a PCR for scheduled commercial bank customers and subsequent expansion to other institutions. News - Thu, 06 Jul 2017 18:49:13 +0530 https://www.taxtmi.com/news?id=18341