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NBFCs seek access to credit repository of large borrowers

NBFCs push for parity with banks, seek access to credit repository of large borrowers SECTIONS Share Synopsis Non-bank lenders that are mandated to report the relevant credit information every quarter donโ€™t have access to the data on their own customers, or prospective customers, through the CRILC portal. Non-bank lenders, considered crucial for helping further the cause of financial inclusion in Indiaโ€™s layered but burgeoning economy, want parity with their banking peers in accessing an ex...
Arka Fincap Nachiket Naik Industry Development Council Lenders Forum Reserve Bank Central Repository

India Inc's big boys: Share of large borrowers on banks' books decline

Read more about India Incs big boys: Share of large borrowers on banks books decline on Business Standard. However, large advances in the SMA-0 (special mention accounts) category registered a quantum jump (155.6 per cent) over the previous quarter and 245.6 per cent over March 2020 levels
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