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    <title>Some Reflections on Micro Credit and How a Public Credit Registry Can Strengthen It (Dr Viral V Acharya, Deputy Governor, Reserve Bank of India - December 15, 2018 - Delivered at IIT Bombay Tech Fest)</title>
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    <description>Public Credit Registry (PCR) is a statutory, consent based centralized database of lifecycle credit data designed to reduce information asymmetry by providing a near real time, 360 degree view of borrowers through phased coverage of regulated and relevant unregulated lenders and linkages to ancillary systems; it will simplify reporting, enable better credit pricing and automated small ticket lending (&quot;sachetisation&quot;), and requires a dedicated PCR Act to govern access, data sharing and privacy safeguards while preserving borrower repayment incentives.</description>
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